Skip to contentVerified prop firm discountsSee offers
PropFirmGrades
Tradeify logo

Tradeify review

Boca Raton futures prop firm since 2024 with one-time-fee evaluations and instant funding

CEO
Brett Simberkoff
Headquarters
United States
Founded
2024
In business
2 years
Trustpilot
4.4(5K)

Work at Tradeify? Claim this profile

C

Our grade

Average

5.5 / 10 · #18 of 34

4.4

Trustpilot

5K reviews

  • 5★83%
  • 4★4%
  • 3★1%
  • 2★1%
  • 1★10%
Pass rate17.2%
Hidden riskVery high
Payouts4.2/10
Max allocation$750K
Cheapest $100K—
Programs3

Tradeify is one of the cheapest ways into a futures funded account: a $100K evaluation lists at $255 to $265 as a one-time fee, the drawdown trails end-of-day balances, and the firm says it has paid out more than $350 million. It also publishes its own numbers, and they are sobering: 17.2% of evaluations passed and 28.5% of funded traders received a payout between August 2025 and July 2026. The weak spot in 2026 is enforcement, not pricing. A July ban wave and a September surge of KYC rejections left traders locked out of funded accounts and pending payouts, often with no reason given and an AI-first support desk in between.

Cheap, fast-paying futures evaluations, but 2026 compliance lockouts are the real risk

Our verdict

On paper Tradeify is among the best-value futures prop firms in October 2026. A Select 50K costs $165 once, has no daily loss limit in the evaluation, and turns into a funded account with no consistency rule, a 90% split and payouts every five winning days. The drawdown trails end-of-day balances and locks just above the start once you are in profit. Tradeify even publishes its own funnel: 17.2% of evaluations passed, 40.3% of traders passed at least one, and 28.5% of funded traders were paid.

Best for

Solo intraday futures traders who want cheap one-time evaluations, EOD drawdown and fast payouts, and who can pass KYC cleanly

Avoid if

You hold overnight, scalp in seconds, copy trades across prop firms or cannot afford to have a funded account frozen for weeks in review

Pros

  1. Cheap one-time fees: 50K evaluations at $145 (Growth) or $165 (Select), with no activation fee or subscription
  2. End-of-day trailing drawdown that locks at the start balance plus $100 once funded
  3. 90% profit split on sim funded accounts and payouts every 5 winning days, or daily on Select Daily
  4. Select funded accounts have no consistency rule and no daily loss limit on the Flex path

Cons

  1. 2026 enforcement waves: July bans for suspicious activity and a September surge of final KYC rejections that closed funded accounts
  2. Payouts can be suspended and forfeited during a compliance review, despite the homepage's 0% denial claim
  3. Per-payout caps, e.g. $1,500 on a first Growth 50K payout and $2,000 per Lightning 50K payout
  4. Funded payouts require over 50% of trades and profit from holds longer than 10 seconds

Tradeify scorecard

The same measured facts for every firm

Red flags

  • Many payout complaints. About 5.3 in every 100 reviews report a denied, cancelled or late payout.
  • Accounts lost to rule disputes. About 5.6 in every 100 reviews say an account or profits were taken over a rule.
  • Complaints are rising. 23% of the latest reviews are 1-2 stars, against 11% across the whole profile.

Every firm is checked against the same thresholds. How red flags work

Weighted score 5.5/10 → grade C

Methodology →
  • Payouts 25%4.2
    Payout complaints
    5.3 per 100 reviews
    Positive payout mentions
    63%
  • Transparency 15%5.7
    Rule disputes
    5.6 per 100 reviews
    Shares verified data with us
    No
    Publishes its own pass rates
    Yes
    Profile claimed by the firm
    No
    Names who runs it
    Yes
  • Rules & trading conditions 20%6.1
    Typical $100K price
    No $100K account
    Top profit split
    90%
    Static drawdown option
    No
    Consistency rule
    Applies
    News trading
    Allowed
    No time limit
    Yes
    Fee refunded
    No
  • Reputation 20%5.7
    Trustpilot score
    4.4 / 5
    Recent 1-2★ reviews
    23% of the latest
    Years in business
    2 years
    Trustpilot reviews
    5,021
  • Platforms & execution 10%7.2
    Trading platforms
    5
    Execution complaints
    5.6 per 100 reviews
  • Support 10%4.9
    Support complaints
    11.1 per 100 reviews
    Reviews praising support
    18%

Tradeify firm overview

Platforms, markets, company and costs

Platforms
  • Tradovate
  • NinjaTrader
  • TradingView
  • Rithmic
  • Quantower
Markets
  • Futures
Profit split
80% to 90%
Max allocation
$750,000
Leverage
Contract caps instead of leverage: 1 mini (10 micros) on 25K, 4 on 50K, 8 on 100K, 12 on 150K
Commissions
Charged on every trade: $5.76 round trip per E-mini (ES, NQ, YM, RTY), $1.82 per equity micro, $6.00-$6.20 for CL, GC and currency futures (fee schedule dated April 2026)
Scaling plan

There is no balance-scaling plan; growth comes from holding up to five funded accounts ($750K across 150K accounts). After three payouts on one account Tradeify may move a trader to Tradeify Elite Live, which starts at a $0 balance with an 80/20 split and a performance reward pool of $2,000-$12,000 per account ($3,000-$18,000 with the Select multiplier).

Broker and data
  • Tradovate
  • Rithmic
  • WealthCharts
  • NinjaTrader Clearing (Elite Live and the Slay Markets brokerage)
Company
Tradeify Holdings, Corp.Boca Raton, United States · founded 2024
CEO
Brett Simberkoff

Payment and payout methods

How you pay for a challenge and how you get paid

Pay for a challenge with

  • Credit/debit card (in your own name)
  • Crypto

Get paid with

  • Rise (ACH bank transfer, crypto, local currency)
  • Plane

Every 5 winning days on Growth and Select Flex, daily on Select Daily, and each time the profit goal is hit on Lightning Funded. Payout details

Tradeify pass rate

How hard is it to pass?

Challenge pass rate

17.2%

Reported

17.2% of evaluations passed (Tradeify, Aug 2025-Jul 2026)

Funded traders paid out

28.5%

Bar = this firm · line = average of the 34 firms we grade (14%)

Tradeify publishes trader statistics in its site footer, calculated on August 9, 2026: across Growth, Advanced and Select evaluations, 17.2% of evaluation accounts started were passed, and 40.3% of individual traders passed at least one (they bought a median of 3 evaluations and resets). Of traders at the funded level, 28.5% received a payout and 3.0% were moved to a live account. Lightning Funded accounts skip the evaluation and are not in the pass figure.

Basis: Published by the firm · August 2025 - July 2026 · Tradeify Trader Performance Statistics (homepage disclosure)

Who is Tradeify for?

Fit by trading style

Beginners

OK with caveats

A $99 Growth 25K with no consistency rule in the evaluation is a cheap way to learn, but the intraday-enforced trailing drawdown is unforgiving and only 28.5% of funded traders ever get paid.

Experienced traders

Good fit

Up to five 150K accounts ($750K), a 90% split and Select funded accounts with no consistency rule suit consistent intraday traders who keep clean records.

Swing traders

Poor fit

Every position must be flat by 4:45 PM ET and nothing can be held overnight or over the weekend.

Scalpers

OK with caveats

Scalping is allowed, but funded payouts need most trades and profit from holds over 10 seconds and $5.76 E-mini commissions add up.

EA & algo traders

OK with caveats

Bots are allowed only if you own them exclusively, they are not HFT, you do not run them at other firms and you can prove it on video.

News traders

Good fit

There are no news windows on any account; only slippage and the real-time drawdown limit stand in the way.

About Tradeify

Founded 2024 · Boca Raton, United States

Tradeify Holdings, Corp. is a futures prop firm based at 1700 S. Dixie Highway in Boca Raton, Florida. It was co-founded by CEO Brett Simberkoff, known online as Brett Simba and previously the founder of a trading community, and COO Vinan Mistry. The pair told Finance Magnates in July 2026 that they first planned a CFD prop firm, switched to futures because most of their audience was in the US, and launched Tradeify in 2024 after several false starts. PropFirmMatch lists June 2024 as the start date.

Trader tip

Do KYC as soon as Tradeify allows it, from the same device and network you trade on, and keep screenshots of your platform setup in case a compliance review asks how you trade. Choose Select if you dislike consistency rules: the 40% rule only applies in the evaluation, and once funded the Flex path has no daily loss limit. Withdraw as soon as you qualify, because profit above the payout cap stays exposed to the drawdown.

Tradeify timeline

  1. Sep 15, 2026 · rule change

    Risk & Compliance guidelines and KYT interviews

    Tradeify publishes guidelines allowing reviews at any stage, undisclosed detection methods and final decisions, alongside an AI-run Know Your Trader interview. Source

  2. Sep 1, 2026 · rule change

    Lower Select payout caps

    For Select accounts bought from September 1, 2026, Flex caps fall to $2,500 (50K), $3,500 (100K) and $4,500 (150K). Source

  3. Sep 2026 · controversy

    Surge of KYC rejection complaints

    182 one- and two-star Trustpilot reviews in September, mostly traders whose KYC was rejected as final after passing or requesting a payout. Source

  4. Jul 2026 · controversy

    Ban wave over suspicious activity

    Traders report being locked out for suspicious activity; Tradeify's head of risk blames hedging rings and fraud and on July 25 warns against offsetting positions across accounts. Source

  5. May 19, 2026 · milestone

    Slay Markets brokerage launches

    Tradeify Brokerage LLC, a CFTC-registered introducing broker cleared by NinjaTrader, opens a waitlist for a retail futures brokerage under the Slay Markets brand. Source

Restricted countries

65 countries and regions can't sign up

  • Afghanistan
  • Albania
  • Algeria
  • Andorra
  • Angola
  • Antarctica
  • Azerbaijan
  • Bahamas
  • Barbados
  • Belarus
  • Bosnia & Herzegovina
  • Botswana
  • Bulgaria
  • Burma (Myanmar)
  • Burundi
  • Cambodia
  • Central African Republic
  • Crimea
  • Cuba
  • Côte d'Ivoire
  • Democratic Republic of Congo
  • Ecuador
  • Ethiopia
  • Ghana
  • Iceland
  • Indonesia
  • Iran
  • Iraq
  • Israel
  • Jamaica
  • Kazakhstan
  • Kosovo
  • Kyrgyzstan
  • Laos
  • Lebanon
  • Liberia
  • Libya
  • Macao
  • Malaysia
  • Mauritius
  • Mongolia
  • Montenegro
  • Morocco
  • Nicaragua
  • North Korea
  • Pakistan
  • Panama
  • Palestine
  • Papua New Guinea
  • Russia
  • Somalia
  • South Sudan
  • Sri Lanka
  • Sudan
  • Syria
  • Tajikistan
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Uganda
  • Ukraine
  • Venezuela
  • Vietnam
  • Yemen
  • Zimbabwe

Tradeify FAQ

Questions traders ask

Is Tradeify legit?

Tradeify is a real US company, Tradeify Holdings, Corp. in Boca Raton, run by named founders since 2024, with a CFTC-registered brokerage affiliate and more than $350 million in claimed payouts. Its funded accounts are simulated and the prop business itself is not regulated. In 2026 many traders report accounts closed after KYC or compliance reviews, so treat it as legitimate but strict.

Does Tradeify actually pay out?

Yes. Recent reviews describe payouts arriving within hours to two days, and the firm reports that 28.5% of funded traders received at least one payout between August 2025 and July 2026. The exceptions are traders caught in compliance or KYC reviews, whose pending payouts can be withheld or forfeited.

How long do Tradeify payouts take?

Tradeify approves requests within 24 to 48 hours, or up to 72 hours outside US business hours, and pays through Rise. ACH transfers then take one to three business days and crypto usually a few hours. The agreement lets the firm take until the end of the next payout cycle when it reviews a request.

What is the Tradeify pass rate?

Tradeify publishes it: 17.2% of Growth, Advanced and Select evaluations started between August 2025 and July 2026 were passed. Because traders bought a median of three evaluations, 40.3% of individual traders passed at least one, and only 3.0% of funded traders were moved to a live account.

What are Tradeify's hidden rules?

The rules most traders miss are the 10-second rule on funded payouts, the consistency rules on Growth (35%) and Lightning (20-30%) payouts, per-payout caps, a drawdown enforced on open profit and loss, and a hedging ban that also covers positions at other prop firms. On top of that, compliance reviews can happen at any stage and end in a final decision without a stated reason.

Can you trade news with Tradeify?

Yes. Tradeify has no news restrictions on evaluation, funded or live accounts. Slippage around releases still counts, and the drawdown limit is enforced in real time, so a spike through your floor fails the account.

Are EAs and bots allowed at Tradeify?

Only under conditions. You must be the sole owner of the bot or strategy, it cannot be a high-frequency system, you may not run it at other prop firms, and Tradeify can ask for a live video of you starting it on your own computer. Copying trades is allowed only between your own accounts in the same direction.

Does Tradeify accept US traders?

Yes. Tradeify is a Florida company and much of its customer base is in the US. It does not accept residents of 65 listed countries, including Turkey, Pakistan, Vietnam, Indonesia, Malaysia, Morocco, Israel and Ukraine.

Is there a Tradeify discount code?

Tradeify runs its own site-wide codes that change most months, usually for 30% to 40% off. The current code is shown in the banner on tradeify.co and applied in the price table. There is no standing code without an end date.

Who owns Tradeify?

Tradeify Holdings, Corp. was co-founded by CEO Brett Simberkoff, known as Brett Simba, and COO Vinan Mistry. The same group owns Tradeify Brokerage LLC, which trades as Slay Markets, while the forex and crypto brands Tradeify FX and Tradeify247 sit under a separate company, Tradeify Ventures LTD.

What happens if I breach a Tradeify account?

Hitting the trailing drawdown at any moment ends the account, and fees are not refunded. Evaluations can be reset for $60 to $299 depending on plan and size, while Lightning Funded accounts cannot be reset and must be bought again. A daily loss limit hit on Growth or Lightning only stops trading for the rest of the day.

Tradeify Select vs Growth: which is easier?

Growth is easier to pass, with no consistency rule and a one-day minimum, but its funded account has a 35% consistency rule and lower payout caps. Select needs at least three days because of its 40% evaluation consistency rule, then has no consistency once funded and a choice of daily or 5-day payouts. Most consistent traders will prefer Select.

Why do Tradeify accounts get banned?

Tradeify says most bans involve hedging across accounts or firms, account sharing, multiple profiles per household, third-party payments or failed identity checks. Reviewers in 2026 report bans without a stated reason, often right after KYC or a payout request, and the firm reserves the right not to disclose what triggered a review.

Tradeify alternatives

Similar programs

Top One Futures logo
Top One Futures

United States

B

Wyoming-registered futures prop firm (2025), sister brand of Top One Trader

FundedNext logo
FundedNext

United Arab Emirates

B

UAE prop firm for CFDs and futures, launched March 2022, with a 24-hour payout promise

Bulenox logo
Bulenox

United States

B

Delaware-registered futures prop firm on Rithmic, selling evaluations since 2021

Sources

33 sources

  1. 1.Tradeify homepage, price table and trader statistics
  2. 2.Tradeify Evaluation Services / Funded Trader Agreement
  3. 3.Tradeify Terms of Use
  4. 4.Tradeify Pricing Reference
  5. 5.Growth Evaluation Accounts
  6. 6.Select Evaluation Accounts
  7. 7.Lightning Funded Accounts
  8. 8.Growth Funded payout policy
  9. 9.Select Flex and Select Daily payout policies
  10. 10.Lightning Funded payout policy
  11. 11.Rules: Consistency Rule
  12. 12.Rules: Trailing Max Drawdowns
  13. 13.Rules: Hedging & Correlated Products
  14. 14.Rules: News Trading
  15. 15.Rules: Permitted Times to Trade
  16. 16.Rules: Restricted Countries
  17. 17.Guidelines for Traders
  18. 18.Risk & Compliance Guidelines FAQ
  19. 19.Know Your Trader (KYT) Policy
  20. 20.KYC and AML Policy
  21. 21.Tradeify Elite Program
  22. 22.Tradeify 3.0 program updates
  23. 23.Trading Commission Fees
  24. 24.Supported Platforms
  25. 25.Rise payouts
  26. 26.Common FAQs
  27. 27.Trustpilot: Tradeify Funding
  28. 28.PropFirmMatch: Tradeify
  29. 29.Finance Magnates: Tradeify co-founders interview (July 2026)
  30. 30.Tradeify launches Slay Markets brokerage (May 2026)
  31. 31.Tradeify signs Israel Adesanya (January 2026)
  32. 32.PipBack: Futures prop firm bans, hedging and trading rings
  33. 33.Reddit r/tradeify: Head of Risk on recent account bans