✅40% OFF Tradeify – Coupon Code COVETRADER
Transcript
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What’s going on, guys? So, here’s my honest review of Tradeify. Um, before I get into that, if you’re looking to get a Tradeify account and you want to save the most amount of money, use coupon code Cove Trader. Also, if you want to watch me stream live and join our free Discord community, the link for the Discord is in the description of the video, and we stream live 10:30 to noon, 2:00 p.m. to 4:30 every day here on YouTube. All right,
Let’s just jump into it. So, Traify is I would say they’re not brand new, but they’re definitely newer than a lot of the other firms compared to Topstep, uh, Take Profit Trader, Apex. But, uh, you know, like anything, you’re weary at first. Um, I didn’t grab a lot of accounts at first and you know, basically I ended up, you know, getting one not too long ago. Um, I’m using Trade of it. This is a funded account and I am over the
Threshold for payout, but I have to uh get to the consistency rule and I’m going to run into all that in this review. So basically, you know, they sync with Traderate. Ninja Trader has a little bit less um platforms than other prop firms do. Obviously, I’d probably say a ton of people use Trade of anyways or Ninja Trader, but uh as of right now, it does not sync with Quant tower or Motorwave. So, if you’re using one of those, this is
Probably not the prop firm to get. But, uh, I would probably say between these two, you know, 99% of the people use it. But, uh, yeah. So, here’s the plans. I mean, they run 3540% off if you use my coupon code. So, obviously, you’re not paying, you know, 509, but we’re going to start off with the advanced one. So, this is a basic eval. Advanced is a basic eval. you pass it, you pay the activation fee of 125. It doesn’t matter
What uh account it is. You pay the activation fee of 125 and then you have the funded account. Um the funded account once you get to these is a 35% consistency rule which is obviously, you know, better than 30% or if you use a straight to funded straight to funded 20%. Um, I actually do the growth ones. So, I buy these ones or the ones I have are growth. The reason is with the coupon code, the price was I think it
Was about 100 bucks um for the 50k, zero activation fee, and then the resets are only 85 bucks. The one day to pass was uh is obviously a huge bonus to me. I don’t have to sit there multiple days to try to pass an account. They do have the soft breach. So basically, if you have the daily loss limit of 1250, you your account basically gets shut down and then the next day you’re able to trade again. You know, it doesn’t
Actually kill your account. It just stops you for the day and then obviously you hit the the max of 2,000 and that’s a trailing draw down. So as you go up, you know, if you go up to 52,000 and then the next day you lose a,000 on that third day when you start trading, you only have $1,000 of draw down. But that’s how a lot of them are. I would say the trailing max draw down at only 2,000 gives them an
Edge because a lot of the other firms when you do trailing is usually 2500, not 2,000. So that’s like their edge that they have right there. Um although it’s weird cuz it says trailing max and then draw down end of day. So I guess it’s actually end of day on these. Oh yeah, look growth is end of day. They worded it weird. The guy has to change that. Uh end of day and then the uh if you do the advance, it’s
Intraday. Go with the growth. Growth accounts are where it’s at, guys. Um, if you want to go straight to funded though, that’s a whole another animal. Uh, basically you skip all that eval, you go straight to funded. Um, these are 35 or 40% off most of the time. Anywhere between that. So, I think just ballparking it, you know, low 300s for a 50k. The one thing you got to realize is how much money is it going to take me if I
Buy three growth accounts or four growth accounts and pass them. What’s my pass rate versus if I just get it straight to funded. So you got to see what your pass rate is, what it costs you to actually get funded. And then that determines if you should buy a straight to funded or you should start with growth. like I know I’m going to pass, you know, if I really pay attention, you know, say one in three, it’s cheaper for me to
Go the growth route than straight to funded. Um because then sometimes I’m also passing one and two, which then obviously makes growth a lot better than straight to funded. But if you’re passing one in five or one and six, might be cheaper to go uh, you know, straight to funded. So that’s what you got to determine. And then basically they pay you know the payouts are same day um when you can request there’s definitely a payout window so you have to
You have to trade 10 days is obviously a thing you definitely need a uh there’s payout windows um you got to earn four payouts and then basically uh I think they push you live and you got a live account. Oh, here they have little pro pros and cons. Um, you know, the pro to growth if you pass your consistency rules 35%. Straight simped is only 20%. And there’s no real complicated rules. You could trade news, you could do whatever you want
Pretty much. Um, they don’t really have like any crazy new like news rules or anything like that. So, obviously very flexible and um that’s pretty much it. I mean, if you’re looking to get the account, use coupon code. You know, it’s it’s pretty much like a lot of the other prop firms, slightly different rules, slightly different pricing, and um I use them. Like I said, I’m almost for a payout, and uh you know, it was pretty simple. All right. Any questions,
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