Product UpdateTradeify: Funded Reset Is Live for Select, Forge 300K Is Now Permanent
Blown Select Sim Funded accounts can now go straight back to Sim Funded without another evaluation. The Forge 300K is here to stay, and Select's 50% consistency option gets new Flex payout caps.
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Tradeify just shipped three product updates. Funded Reset, in beta, lets Select traders who breach a Sim Funded account buy a fresh account of the same size and go straight back to Sim Funded. The Forge 300K, first sold as a limited drop, is now a permanent option. And new Select accounts with the 50% consistency option get lower Flex payout caps.
How Funded Reset Works
When a Select Sim Funded account breaches and qualifies, Tradeify sends an offer. Traders have 30 days to take it. The reset is a new account of the same size with full drawdown, a reset payout clock and reset consistency progress, straight in Sim Funded with no new evaluation.
The price is dynamic. It is based on how far along the journey to Live the trader was: the closer the account got, the cheaper the reset.
"Blew your Select Sim Funded account? It happens."Tradeify
Who Can Use It
Funded Reset is in beta and covers Select 50K, 100K and 150K accounts only. Traders who ever took a payout on the breached account are not eligible. The beta is capped at the first 1,000 purchases, and Tradeify says it will review and release more after that. More rules are in Tradeify's FAQ.
Forge 300K Is Here to Stay
The Forge 300K was meant to be a limited drop. Tradeify has now made it a permanent option, at $349 one-time. For the initial permanent launch, traders can buy up to 5 a month and hold up to 3 funded accounts, and funded accounts count toward the 5. Tradeify says it will review the limits over time.
| Price | $349 one-time |
|---|---|
| Profit target | $14,000 |
| Max loss limit (EOD) | $8,000 |
| Daily loss limit | $4,000 |
| Consistency | 40% |
| Max contracts | 16 minis / 160 micros |
In funded, traders pick Daily or Flex. Daily pays out daily with a $4,000 max payout, a $3,000 daily loss limit and a $6,000 max loss limit (EOD). Flex pays out every 5 days with a $10,000 max payout, a $4,000 daily loss limit and an $8,000 max loss limit (EOD).
New Payout Caps for Select 50% Consistency
Tradeify recently added a 50% consistency option on Select. To keep it sustainable, its Flex payout caps drop by $500 on 50K, 100K and 150K. The change covers new purchases with the 50% option only. Existing accounts keep their caps, and the 40% option does not change.
| Size | Max per payout |
|---|---|
| 25K | $1,250 (unchanged) |
| 50K | $2,000 |
| 100K | $3,000 |
| 150K | $4,000 |
Tradeify's sale is still on until November 13: Growth accounts are 40% off and Select and Lightning 30% off with code FPF. A 25K Select eval with 40% consistency is $76. All prices are on the Tradeify promo code page.
Tradeify sale until Nov 13
Growth 40% off, Select and Lightning 30% off
Use code FPF at checkout.
Funded Reset for Select - bullish or bearish?
FAQ
What is Tradeify Funded Reset?
A beta feature for Select accounts. If your Select Sim Funded account breaches and qualifies, you get an offer to buy a fresh account of the same size and go straight back to Sim Funded, without another evaluation. The new account comes with full drawdown, a reset payout clock and reset consistency progress.
Who can use Tradeify Funded Reset?
Select 50K, 100K and 150K accounts only. You are not eligible if you ever took a payout on the breached account. The beta is limited to the first 1,000 purchases, and Tradeify says it will review and release more after that.
How much does a Tradeify Funded Reset cost?
The price is dynamic and based on how far along your journey to Live you were. The closer you got, the cheaper the reset. You have 30 days to take the offer.
What are the Tradeify Forge 300K limits?
The Forge 300K is now a permanent option at $349 one-time. For the initial permanent launch the limits are 5 purchases a month and 3 funded accounts, and funded accounts count toward the 5.
What are the new Select 50% consistency payout caps?
New purchases with the 50% consistency option on Select get Flex payout caps of $1,250 on 25K (unchanged), $2,000 on 50K, $3,000 on 100K and $4,000 on 150K. Existing accounts keep their caps.
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Risk disclaimer: Trading futures involves substantial risk of loss and is not suitable for everyone. Past performance is not indicative of future results. This article is for information only and is not financial advice. Check the firm's current rules before you buy.