Tradeify review
Tradeify is a futures-only prop trading firm launched in June 2024 by CEO Brett Simberkoff and co-founder Vinny Mistry, based in Boca Raton, Florida. It sells three routes to funding on $25,000-$150,000 simulated accounts: a one-day-minimum Growth evaluation, a three-day Select evaluation with a consistency rule and a choice of daily or five-day payout paths, and Lightning, an instant-funding track with no evaluation. All three carry an end-of-day trailing drawdown and pay a 90% simulated-account split, with 100% on a trader's first $15,000. A distinctive structural feature is the mandatory shift to a live-capital "Elite" account, at a lower 80% split, once a trader banks five approved payouts. Tradeify Brokerage LLC is registered with the CFTC as an introducing broker guaranteed by NinjaTrader Clearing (NFA ID 0575972) for that live tier, though the evaluation and Lightning products themselves remain simulated. The firm is young, with under two years of operating history.
Tradeify key facts
- Website: tradeify.co
- Category: Prop trading firm
- Founded: June 2024
- Headquarters: Boca Raton, Florida, USA
- Model: Growth / Select evaluations, or instant Lightning funding
- Account sizes: $25K-$150K (max 5 accounts, $750K combined)
- Profit split: 90% simulated, 80% on live Elite tier
- Drawdown: End-of-day trailing
- Regulatory note: Brokerage arm is an NFA-registered introducing broker
- CEO: Brett Simberkoff
- FYI Score: 94.2/100 (ranked #6 of the 63 prop trading firms we track)
Rules and risk
- All three tracks use an end-of-day trailing drawdown monitored on a tick-by-tick basis intraday, rather than a static or purely close-based limit; the firm describes a single breach on unrealized value as grounds for permanent disqualification.
- Rules differ meaningfully by track: Growth carries a daily loss limit but no consistency rule, Select drops the daily limit but adds a 40% consistency rule and a 3-day minimum, and Lightning skips the evaluation entirely but layers on a progressive 20%-30% consistency requirement.
- A hard cap of 5 simulated accounts per trader, $750,000 combined, applies across all tracks.
- Contract limits scale with account size (roughly 1-12 mini-equivalent contracts, or 10-120 micros, from $25K to $150K).
Funding, payouts and the live transition
- Simulated accounts pay a 90% profit split, with 100% retained on a trader's first $15,000 of profit; Select funded accounts choose between an uncapped 5-day payout cycle (higher activation fee) or a capped, faster daily-payout path.
- After 5 approved payouts, a trader is required to move off simulated capital onto a live-market "Elite" account run through Tradeify Brokerage LLC - a CFTC-registered introducing broker guaranteed by NinjaTrader Clearing (NFA ID 0575972) - where the split drops to 80%, and simulated and live accounts cannot be held at the same time.
- The firm advertises 0% payout denials and payouts in as little as 60 minutes for premium members, and reports over $200M in cumulative trader payouts and 60,000-80,000+ traders served; these are company-reported figures, not independently audited.
- Trustpilot rating runs around 4.6/5 across roughly 2,700-2,800 reviews (about 88% five-star), with a documented minority of complaints citing KYC denials, withdrawal freezes and account suspensions.
Tradeify evaluation challenges
| Challenge | Steps | Profit target | Max drawdown | Profit split | Price |
|---|
| Growth Evaluation | 1-step | 6% | 4% | 90% | from $99 · $25K-$150K |
| Select Evaluation | 1-step | 6% | 3% | 90% | from $111 · $50K-$150K |
| Lightning Funded | — | — | 4% | 90% | from $345 · $25K-$150K |
| Live Elite Account | — | — | — | 80% | Automatic transition - not directly purchased |
Markets
Equity index futures, Energy futures, Metals futures, Currency futures, Interest rate futures
Platforms
Tradovate, NinjaTrader, TradingView, Rithmic, WealthCharts
Who Tradeify is for
A reasonable fit for a futures trader who wants a fast, low-cost route into simulated funding with a high starting split and a choice of evaluation styles, and who is comfortable with rules that shift by track and with an eventual, mandatory move to a live account at a reduced 80% split. Less suited to traders who want one unchanging rule set or a split that stays at 90% once live.
Pros
- A genuine regulatory footprint uncommon in the category: Tradeify Brokerage LLC is a CFTC-registered introducing broker (NFA ID 0575972) guaranteed by NinjaTrader Clearing, and the Elite tier trades on live rather than simulated capital.
- High 90% split on simulated accounts, with 100% of the first $15,000, across three entry paths (1-day Growth, 3-day Select, instant Lightning) covering a range of trader preferences.
- Broad platform choice - Tradovate, NinjaTrader, TradingView and WealthCharts on Rithmic data - rather than a single proprietary terminal.
- Large, largely positive review base (around 4.6/5 across roughly 2,700+ Trustpilot reviews).
Cons
- Live Elite accounts pay a lower 80% split than the 90% on simulated accounts - the reverse of what many rivals offer - and traders are forced off simulated capital after five payouts, unable to run both types at once.
- Rules genuinely change across the three tracks (daily-loss-limit presence, consistency percentage, drawdown ceiling), adding complexity relative to firms with one consistent rule set.
- A documented minority of Trustpilot complaints describe KYC denials, withdrawal freezes and account suspensions.
- A young firm, launched mid-2024, with a shorter operating history than many established futures prop firms; Growth and Select evaluation accounts remain simulated, not live, capital.
Tradeify FAQ
Is Tradeify legit?
Tradeify is a real, operating futures prop firm founded in June 2024 by CEO Brett Simberkoff and co-founder Vinny Mistry, based in Boca Raton, Florida, with a large Trustpilot history (around 4.6/5 across roughly 2,700+ reviews). Its brokerage arm, Tradeify Brokerage LLC, is registered with the CFTC as an introducing broker guaranteed by NinjaTrader Clearing (NFA ID 0575972). Growth, Select and Lightning accounts are simulated; only the live Elite tier trades real capital.
What evaluation options does Tradeify offer?
Three routes: Growth, a one-step evaluation with no minimum trading days and no consistency rule but a daily loss limit; Select, a one-step evaluation with a 3-day minimum, a 40% consistency rule, and a choice of daily or 5-day funded payout paths; and Lightning, which skips the evaluation for instant funding but applies a progressive 20%-30% consistency rule. Account sizes run $25,000 to $150,000, capped at 5 accounts ($750,000 combined) per trader.
How does the profit split and live transition work?
Simulated accounts (Growth, Select, Lightning) pay a 90% split, with 100% retained on a trader's first $15,000 of profit. After 5 approved payouts, traders must move to a live-market Elite account run through Tradeify's NFA-registered brokerage arm, where the split drops to 80% and simulated and live accounts can't be held simultaneously.
What are Tradeify's drawdown rules?
All three tracks use an end-of-day trailing maximum drawdown, monitored tick-by-tick on unrealized value intraday, ranging roughly $1,000-$5,250 depending on account size. Growth also applies a separate daily loss limit ($600-$3,750); Select has no daily loss limit in evaluation; Lightning has none on the $25K size but $1,250-$3,000 on larger accounts.
Compare Tradeify with other prop trading firms
See all prop trading firms ranked by FYI →
Affiliate program terms
Home · CFD Brokers · Brokers · Crypto · Prop firms · Prediction markets · Media · Influencers · Solutions