TL;DR: Tradeify FX (also written TradeifyFX, and searched as “Tradeify Forex”) is the forex and CFD brand of Tradeify Ventures LTD, a Saint Lucia company that also runs Tradeify (futures) and Tradeify 247 (crypto). It ran a waitlist in mid-September 2026 and was selling accounts by October 15, 2026, on MetaTrader 5 only. There are three plans: Daily, a one-step evaluation with a 10% target and a 5% trailing maximum loss ($89 to $429); Classic, a two-step evaluation with 5% then 10% targets, a 3% daily loss limit and a 10% static maximum loss ($55 to $749); and Direct, instant funding with no target, a 3% daily limit and a 6% trailing maximum loss that locks on the first payout request ($85 to $999). Funded traders keep 80% (90% with a 25% add-on). Payouts are daily on Daily (capped at 3% per payout, above a 4% buffer), every 14 days on Classic, and on demand on Direct. The firm is not available to US residents, and its help centre lists 31 restricted countries. The site banner showed code OCT for 35% off all accounts until October 31, 2026. Trustpilot showed 4.5 from 82 reviews, and Reddit had no discussion threads. The track record is less than three weeks long.
Research status: Checked October 15, 2026 against the Tradeify FX home page (including the plan and price data behind its price table), Terms of Use (last updated September 29, 2026), Funded Trader Agreement (last updated October 14, 2026), About, Contact and blog pages, and all 20 articles in the Tradeify FX help centre. The September 13, 2026 copy of the home page was read in the Wayback Machine. Trustpilot, Reddit and the PropFirmMatch listing were read the same day. The checkout page could not be opened from the United States, where the firm blocks sales, so prices were read from the firm’s public pages and were not verified by purchase. BestProps did not open an account or request a payout.
Tradeify FX review verdict
Tradeify FX is a brand-new forex and CFD prop firm with a published rulebook that is more detailed than most. Its help centre explains every limit with dollar examples, and the Funded Trader Agreement repeats the same numbers in contract form. The product is narrow: three plans, five account sizes at most, 42 instruments and one platform (MetaTrader 5).
The three plans work very differently, and the differences matter more than the headline 80% split. Daily has no daily loss limit but a tight 5% trailing floor, and its daily payouts are capped and taken only from profit above a 4% buffer. Classic has the most room, a 10% static floor that never moves, but pays only every 14 days. Direct skips the evaluation but uses a 6% trailing floor that locks at your starting balance the moment you ask for your first payout, plus a 20% consistency rule that in practice needs at least five profitable days before any payout.
Two other points shape the risk. First, the legal terms say all accounts, including the “Live Program” that the marketing describes as real capital, run on notional balances on the firm’s own platform, and rewards are paid from the firm. Second, the firm launched in late September 2026, so there is no long payout record, and the public reviews cover only a few weeks. BestProps does not give Tradeify FX a numeric score. If you buy, start with a size you can afford to lose, read the rule set for your exact plan, and test the payout process before scaling up.
Is Tradeify FX legit? Company, launch and track record
In this review, “legit” means the company behind the brand can be identified, the product is described in public terms, and traders can buy it. It does not mean the firm is regulated, and it does not mean every payout request will be approved. Those depend on the rules below.
| Fact | What is published | Where it is stated |
|---|---|---|
| Legal entity | Tradeify Ventures LTD, a Saint Lucia limited liability company and “a subsidiary of Tradeify Holdings, Corp.”, Ground Floor, Rodney Court Building, Rodney Bay, Gros Islet, Saint Lucia | Terms of Use, Contact |
| Leadership | “Brett Simberkoff is the founder and CEO.” The About page says the team is “Based in United States” with 30+ staff in 28 countries | Help centre FAQ, About |
| Payment agent | Novaflame LTD, Limassol, Cyprus, processes funds on behalf of Tradeify Ventures LTD | Site footer |
| Regulation | “Tradeify is not a broker, dealer, custodian or investment adviser, does not hold client money and does not provide investment services.” No financial regulator is named | Site footer |
| What you trade | “All accounts provided by Tradeify, including evaluation, funded and Live Program accounts, are held on Tradeify’s own trading platform with simulated balances.” The firm may trade its own capital in the market at its discretion | Site footer, Terms section 2 |
| Launch | No founding year is published. The site showed a waitlist on September 13, 2026, the Terms are dated September 29, 2026, and a “first 24hr launch discount” ended September 30, 2026 | Wayback Machine, Terms, blog page banner |
| Selling now? | Yes. On October 15, 2026 the home page listed prices for all 14 accounts with buttons into checkout, and the help centre describes funded accounts, payouts and a running competition. From a US connection the checkout page read “TradeifyFX isn’t available in your region” | Home page, checkout page |
| Group track record claims | The About page claims “~$350M paid out” and “3k+ Trustpilot reviews”. Those figures describe the Tradeify group, mostly its futures brand, not Tradeify FX. BestProps did not audit them | About |
| Governing law | Florida law, American Arbitration Association arbitration, class-action waiver, one-year limit to bring claims, with mandatory consumer rights preserved for EU and UK consumers | Terms section 21 |
| Refunds | “All Purchases are final and non-refundable” | Terms section 7 |
The help FAQ answers “Is Tradeify FX a scam?” by pointing to the sister brands and the payout providers. That is the firm’s own answer. What an outside reader can check today is narrower: an identified company, detailed public terms, a live checkout outside the US, and less than three weeks of reviews. Tradeify FX also runs a paid referral programme for promoters, paying 12% to 20%+ of first purchases according to its partner page, so some outside reviews, rankings and coupon posts may be paid promotion. Weigh them with that in mind.
How Tradeify FX relates to Tradeify and Tradeify 247
Tradeify FX describes itself as “a funded CFD trading programme from the team behind Tradeify Futures and Tradeify 247”. The Terms of Use for Tradeify FX say they “do not govern any separately branded Tradeify product”, so each brand has its own rules, dashboard and checkout.
| Brand | Market | Official site | BestProps profile |
|---|---|---|---|
| Tradeify FX | Forex and CFDs on MT5 | tradeifyfx.co | This page |
| Tradeify | Futures | tradeify.co | Tradeify review |
| Tradeify 247 | Crypto | tradeify247.co | Tradeify 247 review |
The help FAQ says you may hold accounts in more than one programme, with independent dashboards, credentials and allocation limits. Three rules link Tradeify FX and Tradeify 247: a confirmed fair-play ban applies to both, a ban for repeatedly breaking the news rule applies to both, and declining a Tradeify FX Live invitation ends further purchases on both. The check-ins article says a fair-play ban does not affect Tradeify Futures accounts.
Tradeify FX plans: Daily vs Classic vs Direct
| Feature | Daily (1-Step) | Classic (2-Step) | Direct (instant funding) |
|---|---|---|---|
| Evaluation | One phase | Two phases | None |
| Profit target | 10% | 5% in Phase 1, then 10% in Phase 2 | None |
| Daily loss limit | None | 3% | 3% |
| Maximum loss | 5% trailing on closed balance, stops at the starting balance | 10% static from the starting balance | 6% trailing on closed balance, locks at the starting balance on the first payout request |
| Consistency | 40% best-day limit in the evaluation only | None | 20% best-day limit before each payout |
| Time limit | None (30-day inactivity rule applies) | None (30-day inactivity rule applies) | Not applicable |
| Sizes | $10K, $25K, $50K, $100K | $5K, $10K, $25K, $50K, $100K | $5K, $10K, $25K, $50K, $100K |
| List price range | $89 to $429 | $55 to $749 | $85 to $999 |
| Funded split | 80% (90% with add-on) | 80% (90% with add-on) | 80% (90% with add-on) |
| Funded payouts | Daily, max 3% of the account per payout, only from profit above a 4% buffer | Every 14 days from the first funded trade | On demand, after the 20% consistency rule is met |
| Payout lock | No | No | Yes, permanent, on the first payout request |
| Leverage on forex | 1:100 | 1:100 | 1:100 |
Classic’s lower target comes first (5%, then 10%), the reverse of most two-step challenges. Evaluation profit never carries over: every funded account starts at its base balance, and only funded profit is paid. You cannot switch plans after purchase, and evaluation resets are not sold on Tradeify FX, so a breached account means buying a new one.
After you pass Daily or Classic, the account is reviewed by hand (typically within 24 hours, says the firm), you may be invited to a check-in, and the funded account stays in close-only mode until you complete KYC, switch on two-factor authentication and sign the contract. Direct accounts go through the same three setup steps straight after purchase.
Tradeify FX pricing by account size
List prices below come from the help centre’s “Account sizes and pricing” article and match the plan data behind the home page price table on October 15, 2026. They are one-time fees in US dollars. The “with OCT” column applies the 35% discount the site displayed that day; the site rounds those figures to whole dollars. None of these prices was verified by purchase.
Daily (1-Step)
| Account | List price | With OCT (35% off) | Profit target (10%) | Max loss (5% trailing) | Funded payout buffer (4%) | Max per payout (3%) |
|---|---|---|---|---|---|---|
| $10,000 | $89 | $57.85 | $1,000 | $500 | $400 | $300 |
| $25,000 | $149 | $96.85 | $2,500 | $1,250 | $1,000 | $750 |
| $50,000 | $249 | $161.85 | $5,000 | $2,500 | $2,000 | $1,500 |
| $100,000 | $429 | $278.85 | $10,000 | $5,000 | $4,000 | $3,000 |
Classic (2-Step)
| Account | List price | With OCT (35% off) | Phase 1 target (5%) | Phase 2 target (10%) | Daily loss (3%) | Max loss (10% static) |
|---|---|---|---|---|---|---|
| $5,000 | $55 | $35.75 | $250 | $500 | $150 | $500 |
| $10,000 | $109 | $70.85 | $500 | $1,000 | $300 | $1,000 |
| $25,000 | $249 | $161.85 | $1,250 | $2,500 | $750 | $2,500 |
| $50,000 | $419 | $272.35 | $2,500 | $5,000 | $1,500 | $5,000 |
| $100,000 | $749 | $486.85 | $5,000 | $10,000 | $3,000 | $10,000 |
Direct (instant funding)
| Account | List price | With OCT (35% off) | Daily loss (3%) | Max loss (6% trailing) | Consistency |
|---|---|---|---|---|---|
| $5,000 | $85 | $55.25 | $150 | $300 | 20% |
| $10,000 | $119 | $77.35 | $300 | $600 | 20% |
| $25,000 | $299 | $194.35 | $750 | $1,500 | 20% |
| $50,000 | $579 | $376.35 | $1,500 | $3,000 | 20% |
| $100,000 | $999 | $649.35 | $3,000 | $6,000 | 20% |
Per $1,000 of account size, the cheapest account at list price is the Daily $100K ($4.29), and the cheapest Classic is the $100K ($7.49). Direct costs the most at every size, which is the price of skipping the evaluation: the $50K Direct ($579) costs $330 more than the $50K Daily ($249).
| What you pay for | Published cost |
|---|---|
| Evaluation or Direct account | One-time fee, $55 to $999 at list price. “No monthly billing. No activation costs” |
| Refund on pass or first payout | Not offered in the Terms (“All Purchases are final and non-refundable”); see source conflicts |
| Resets | Not available. Buy a new account after a breach |
| Reward Share 90% add-on | 25% of the base price, at checkout only, non-refundable |
| Commissions | $3 per lot per side on forex, metals and energies; 0.04% of notional per side on BTC and ETH; none on indices |
| Swaps and spreads | Swaps shown per symbol in MT5; spreads are variable |
| Payout fees | None charged by Tradeify; provider or network fees may apply |
| Pro plan (re-entry after losing a Live account) | Twice the Classic list price, $25K to $100K only, offered only at that checkout |
Discount code, add-on and how you pay
Current Tradeify FX discount code
On October 15, 2026 the banner on the Tradeify FX home, About and Contact pages read “35% OFF ALL ACCOUNTS. ENDS 31 OCTOBER 11:59PM EST. USE CODE: OCT”. The price table’s own data applies OCT at 35% to all three plans and shows the discounted price next to the list price. BestProps could not test the code because checkout is blocked from the US. The firm does not say whether the 35% also applies to the 90% add-on.
The help centre says promotional discounts “run periodically through official Tradeify FX channels” and warns that codes from unofficial sources “should be treated with caution”. The firm’s partner page says approved promoters get named codes that match the site offer, or add 2 to 5 percentage points at higher tiers, which is why outside sites list slightly larger codes. Coupon posts on Reddit and comparison sites list other codes that BestProps could not confirm with the firm, so they are not reprinted here.
The Reward Share 90% add-on
One paid add-on is sold: it raises the funded split from 80% to 90% for the life of the account, on every plan. It costs 25% of the base account price, for example $419 + $104.75 = $523.75 on a $50K Classic. It can only be chosen at checkout, cannot be added or removed later, and is non-refundable. On Daily and Classic it carries through to the funded account automatically. It has no effect once you reach the Live Program, which starts at 90% anyway.
Payment methods
Visa, Mastercard, Apple Pay, Google Pay and cryptocurrency. The name on the card must match the account holder; a parent’s, partner’s or friend’s card is refused even with permission. Accounts cannot be gifted or bought for someone else. Evaluation MT5 logins arrive by email straight after purchase and can trade immediately.
Tradeify FX rules: targets, drawdown and consistency
The trading day resets at 22:00 UTC (5:00 PM New York time in winter, 6:00 PM in summer). Every breach check runs on live equity, so an open losing trade can breach an account before it is closed. A breach is final: the account is closed, cannot be reset, and any profit left in it is forfeited.
Daily loss limit (Classic and Direct)
The limit is 3% of the account size. Each day’s floor is the closed balance at the 22:00 UTC snapshot minus that fixed amount. On a $100K account with a $101,500 snapshot, equity must stay above $98,500 all day. Daily accounts have no daily loss limit at all.
Maximum loss: static (Classic)
Classic’s floor is fixed at 10% below the starting balance ($90,000 on $100K) and never moves, before or after payouts.
Maximum loss: trailing (Daily 5%, Direct 6%)
The floor trails your highest closed balance, not open profit, and only moves up. It stops rising once it reaches the starting balance. On a $100K Daily account the floor starts at $95,000; a close at $102,000 lifts it to $97,000; a close at $105,500 would lift it past $100,000, so it locks at $100,000. Daily has no payout lock.
Payout lock (Direct only)
On Direct, the floor jumps permanently to the starting balance the moment you request your first payout, of any size, whether or not it is approved. The Funded Trader Agreement puts this in capitals: requesting a payout “will permanently eliminate the drawdown buffer”. See example 3 below.
Consistency rules
- Daily evaluation: no single day may exceed 40% of total realised profit. It is not a breach: if your best day is too large, keep trading until it falls to 40%. Funded Daily accounts have no consistency rule.
- Direct payouts: best day / total realised profit must be 20% or less when you request a payout. It never stops you trading.
- Classic and Live: no consistency rule.
A trading day only counts once a position is fully closed. Closing half a position before the 22:00 UTC reset and half after counts as one trading day, not two, so partial closes cannot be used to dilute a big day.
Inactivity and allocation
Thirty consecutive days without a trade breaches the account, with a warning email at 28 days. There is no limit on how many evaluations you hold, but funded accounts are capped at $300,000 combined, and the firm may group accounts it links to the same person.
Trading rules: news, EAs, scalping, hedging and weekends
| Practice | Tradeify FX rule |
|---|---|
| News trading | Evaluations: allowed. Funded and Live accounts: no opening, closing or modifying positions or orders from 5 minutes before to 5 minutes after a high-impact (red-folder) release, on instruments tied to the event’s currency. USD news also covers gold, silver, US indices, oil, BTC and ETH. Profit on a trade that closes or triggers inside the window is deducted; losses stay |
| Holding through news | Allowed, but you cannot close or move stops while the window is open. A margin stop-out is not a violation |
| Overnight and weekend holding | Allowed on all plans and asset classes |
| Scalping | Allowed. No minimum hold time and no daily trade limit |
| HFT and ultra-short-term scalping | Banned on every account, judged on the overall pattern (share of very short holds, share of profit from them, uniform timing, order activity) |
| Expert advisors | Trade-manager EAs allowed, including bought ones and the firm’s Trade Pilot. Automated EAs only if you wrote them yourself; the source file may be requested. Off-the-shelf algos, shared bots and signal services banned |
| Copy trading | Copiers between your own Tradeify FX accounts allowed. Copying other people, group trading and signal mirroring banned |
| Hedging | Allowed inside one account. Opposing positions across accounts or with other traders banned |
| Martingale | Allowed within the risk limits, if not “abusive, unrealistic or excessively aggressive” |
| Gap trading, latency arbitrage, tick scalping, server spamming | Banned |
| Rolling accounts | Repeatedly blowing accounts at maximum risk and buying new ones is a fair-play violation; the firm may refuse or delay purchases |
| VPN and VPS | Allowed, but extra verification may be requested if logins from several IPs or shared IPs appear |
| Account sharing and passing services | Banned. Only the verified holder may trade |
A confirmed fair-play violation closes the account, forfeits remaining profit, and brings a permanent ban from Tradeify FX and Tradeify 247. The firm’s reason for banning very short holding times is that its liquidity providers will not accept that flow in the Live Program.
Instruments, leverage and commissions
Tradeify FX lists 42 CFD instruments. Anything not on the list, including individual stocks and other crypto coins, cannot be traded.
| Asset class | Symbols | Leverage (evaluation and funded) | Leverage (Live) | Commission per side |
|---|---|---|---|---|
| Forex (28) | All majors and crosses of EUR, GBP, AUD, NZD, USD, CAD, CHF and JPY (no exotics) | 1:100 | 1:30 | $3 per lot |
| Metals (2) | XAUUSD, XAGUSD | 1:15 | 1:5 | $3 per lot |
| Energies (2) | XTIUSD (WTI), XBRUSD (Brent) | 1:10 | 1:3 | $3 per lot |
| Indices (8) | US30, SPX500, NAS100, UK100, JP225, DE40, AUS200, USDINDEX | 1:30 | 1:10 | None |
| Crypto (2) | BTCUSD, ETHUSD (also tradable at weekends) | 1:3 | 1:1 | 0.04% of notional |
Maximum position size per instrument is shown in the platform rather than published. Several Trustpilot reviewers named spreads and commissions as their main complaint; the firm replied that its pricing reflects live market conditions and that its commissions are in line with industry pricing.
Tradeify FX payouts
| Payout term | Daily (funded) | Classic (funded) | Direct |
|---|---|---|---|
| Frequency | Daily | Every 14 days, counted from the first funded trade | On demand |
| Split | 80% (90% with the add-on) | ||
| Minimum | $100 | ||
| Maximum | 3% of the starting balance per payout, before the split | None | None |
| Buffer | 4% of the starting balance stays in the account; from the second cycle you must make 1% of new profit first | None | None |
| Consistency | None | None | 20% |
| Minimum trading days | Not published | None before the first payout | None stated; the 20% rule implies at least five profitable days |
| Effect on drawdown | None | None | Floor locks at the starting balance on the first request |
Rules for every payout
- You must be flat (no open trades) to request, and only one request per account can be open.
- KYC must be complete, and you must finish Rise’s own onboarding (ID, address, tax forms, typically 1 to 3 business days) before the first payout.
- A pending check-in pauses payouts.
- You may keep trading after requesting, but a breach or a drop below the payout requirements before processing cancels the request.
Methods and timing
Payouts go through Rise (bank transfer in most countries, or 100+ crypto assets on Ethereum, Polygon, Arbitrum, Optimism and Avalanche) or Confirmo (USDC on ERC-20). You can choose a different method each time. The firm says it processes an eligible request within 24 hours, not counting 22:00 UTC Friday to 22:00 UTC Sunday, and adds $1,000 to the payout if it is late for reasons on its side. “Processed” means sent to the provider; Rise delivery typically takes another 1 to 2 business days. The guarantee does not cover delays for check-ins, identity checks, provider onboarding, compliance holds or third-party outages, and the firm may change it for future requests.
How the first payout works
- Pass the evaluation (Daily or Classic) and wait for the manual review, or buy a Direct account.
- Complete any check-in you are invited to, then KYC through Sumsub (ID and a liveness selfie), two-factor authentication and contract signing.
- Complete Rise onboarding, or set up a USDC wallet for Confirmo.
- Trade the funded account within its limits and outside the news windows. On Daily, build past the 4% buffer; on Direct, spread profit so no day exceeds 20%; on Classic, wait 14 days from your first funded trade.
- Close all positions and request at least $100 from the dashboard.
- Receive 80% (or 90%) of the requested profit through your chosen provider.
Payout proof
Tradeify FX does not publish a public payout ledger for the FX brand. The home page shows a “Payout Certificates” section and first-name testimonials. One Trustpilot reviewer wrote on October 12, 2026 that a payout arrived “in less than 8 hours”. BestProps did not request a payout and cannot confirm payout speed from its own experience.
The Live Program
All three plans lead to the Live Program after 5 payouts on one funded account or 5 across all of them. The firm may also invite traders earlier, for example those with a public record at other firms.
| Live rule | Published value |
|---|---|
| Split | 90% from day one, 95% from month 3 of the bonus ladder |
| Payouts | Daily, $100 minimum, account must stay 1% above its starting balance, no consistency rule |
| Drawdown | 5% below the highest daily closing balance, set at each 22:00 UTC reset, locking at the starting balance on the first payout request or at 5% total profit |
| Leverage | Forex 1:30, metals 1:5, indices 1:10, energies 1:3, crypto 1:1 |
| Bonus ladder | $1,000, $1,000, $1,500, $1,500, $1,500 and $3,000 in months 1 to 6 ($9,500 total), each month needing combined profit of at least 5% of combined Live starting balances |
| Month 3 extras | A free evaluation the size of your first Live account and access to a $200K account |
Two conditions deserve attention. An invitation must be accepted within 14 days. If you decline or do not reply, your funded accounts are closed (eligible rewards paid), open evaluations are closed without refund, and you can no longer buy accounts at Tradeify FX or Tradeify 247. And although the home page calls Live “a live allocation of our pooled capital”, the Terms and the site footer say Live accounts also run on notional balances on the firm’s platform. Losing a Live account leaves two routes back: the Pro plan (Classic rules at twice the Classic price) or a 3-month cooldown.
Worked examples: cost, drawdown, payout lock, consistency and fees
Example 1: three ways to a $50K funded account
| Route | List price | With OCT | With OCT + 90% add-on (if the code also applies to the add-on) | Profit to make before funding |
|---|---|---|---|---|
| Daily $50K | $249 | $161.85 | $202.31 | $5,000 |
| Classic $50K | $419 | $272.35 | $340.44 | $2,500 + $5,000 |
| Direct $50K | $579 | $376.35 | $470.44 | None |
Because no fee refund is offered in the Terms and resets are not sold, every failed attempt costs the full fee again. Three failed Daily $50K attempts at list price cost $747.
Example 2: the Daily trailing floor on a $25K account
- Start: floor $23,750 ($25,000 – $1,250).
- A trade closes with the balance at $25,900: the floor rises to $24,650.
- An open trade shows $26,400 in equity but you close at $25,700: the floor stays at $24,650. Open profit never lifts it.
- A close at $26,300 would put the floor at $25,050, above the starting balance, so it locks at $25,000.
There is no daily limit on Daily, so one bad session can take the whole $1,250 in a day. That is the trade-off for having a single rule.
Example 3: the Direct payout lock on a $50K account
- Start: floor $47,000 ($50,000 – $3,000).
- Closed balance reaches $52,000: the floor trails to $49,000. Your cushion is $3,000.
- You request a $1,000 payout (an $800 reward at 80%). The floor locks at $50,000 and the balance drops to $51,000. Your cushion is now $1,000.
- If you had requested the full $2,000, the balance would sit exactly on the $50,000 floor, and any loss would breach the account.
The firm’s own advice is to leave profit in the account as a cushion before requesting. Remember the 3% daily limit ($1,500 here) still applies after the lock.
Example 4: the Direct 20% consistency rule
| Day | Realised profit | Running total | Best day | Best day share | Payout allowed? |
|---|---|---|---|---|---|
| 1 | $900 | $900 | $900 | 100% | No |
| 2 | $400 | $1,300 | $900 | 69% | No |
| 3 | $500 | $1,800 | $900 | 50% | No |
| 4 | $600 | $2,400 | $900 | 37.5% | No |
| 5 to 8 | $2,100 in total | $4,500 | $900 | 20% | Yes |
The rule of thumb: total realised profit must be at least five times your best day. A single $900 day means you need $4,500 in total before you can be paid. Losing days reduce the total and push the payout further away. The consistency rule calculator runs the same check for other numbers.
Example 5: a Daily payout on a $100K account
- Balance $103,500: the 4% buffer needs $104,000, so no payout yet.
- Balance $106,200: profit above the buffer is $2,200, under the $3,000 cap. You request $2,200 and receive $1,760 (80%). The balance falls to $104,000.
- Next cycle: you must make at least $1,000 (1%) of new profit before the next request. At $105,000 you can request $1,000 and receive $800.
Example 6: what commissions cost
At $3 per lot per side, one standard lot in and out costs $6. On EURUSD, where one pip on a standard lot is worth about $10, that is roughly 0.6 pips before the spread. Ten round-turn lots a day cost $60, which on a $10K Classic account is 20% of the $300 daily loss limit. Indices carry no commission, and BTC at 0.04% per side costs about