Updated on: November 24, 2024

What is the Tradeify Withdrawal and Payout policy?

Our website contains affiliate links that may earn us commissions.

Get 40% to 55% off & NO TEST.🤩 Use Code: TFMAX

Once traders pass Tradeify’s evaluation, or opt for the Straight to Sim Funded Account option, they can begin making withdrawals immediately. Traders keep 100% of the first $15,000 in profits, with 90% retained on earnings beyond that. Understanding this payout system is crucial for maximizing potential profits, and Trading Funder offers guidance to ensure that Tradeify’s setup aligns with each trader’s needs.

Tradeify’s payout setup is pretty straightforward. Once you’ve passed the evaluation, you move to a Live Funded Account and can start withdrawing profits. You keep 100% of the first $15,000, and after that, you get 90% of the profits. Payouts can be requested twice a month, and they’re processed pretty fast—usually within 3-7 days. The drawdown rules are strict, but as long as you manage that, the system works smoothly. If you need help figuring out how to navigate the payouts or drawdown, Trading Funder is here to help with tips on making the most out of Tradeify’s policies.

Tradeify’s payout process is managed through Rise Pay, a platform that supports withdrawals via bank transfer, crypto, or local currencies. Once a payout request is submitted during one of Tradeify’s bi-monthly payout windows (1st-4th and 15th-18th), the funds are typically processed within 24 hours after approval. For first-time withdrawals, traders need to complete identity verification, including tax ID confirmation, after which they can access their funds. This setup ensures that payouts are handled smoothly and securely.

Tradeify is known for its streamlined payout process. The minimum payout for a $50,000 account is $1,000. There are no fees for larger payouts, but smaller amounts may have restrictions.

In this article, we break down how Tradeify handles withdrawals and payouts, covering key things like payment options, how long it takes to get your money, any fees involved, and tax stuff. These details are super important for making smart decisions, and that’s exactly what Trading Funder is here to help with.

Table of Contents

What is the Tradeify payout policy?

Tradeify’s payout policy allows traders to withdraw profits after passing the evaluation or using the Straight to Sim Funded Account option. Here’s a breakdown:

Profit Split: Traders keep 100% of their first $15,000 in profits, and 90% after that.
Payout Schedule: Withdrawals can be requested twice a month, between the 1st-4th and 15th-18th. The minimum payout for a $50,000 account is $500, with a maximum of $25,000 per request.
Processing Time: Payouts are processed within 3-7 business days once approved.
First-Time Withdrawals: Initial payouts may take longer due to required identity verification and tax form submission.
No Restrictions on Frequency: Traders can request payouts as often as the schedule allows, with no limits on how many times they can withdraw profits.

What’s the minimum withdrawal amount at Tradeify?

Tradeify’s minimum withdrawal amounts vary depending on the account size:

For $50,000 accounts, the minimum withdrawal is $500.
For $100,000 accounts, the minimum withdrawal is $1,000.
For $150,000 accounts, the minimum withdrawal is $1,500.

These limits apply to both Simulated Funded and Live Funded Accounts. Withdrawals can be requested during the payout windows, and there are no additional fees for larger withdrawals.

What’s the maximum withdrawal amount at Tradeify?

At Tradeify, the maximum withdrawal amount varies depending on the account size and the payout number. Here’s a quick breakdown:

For a $50,000 account, the maximum withdrawal starts at $1,500 for the first payout and increases to $3,000 by the sixth payout. After that, traders can withdraw up to $25,000 per request.
For a $100,000 account, the first payout allows a maximum of $2,000, increasing to $5,000 by the sixth payout. Beyond that, up to $25,000 per request is allowed.
For a $150,000 account, the maximum starts at $2,500 for the first payout and reaches $5,500 by the sixth payout. Subsequent requests are also capped at $25,000 per request.

What’s Tradeify’s Minimum Balance For Withdrawals?

Tradeify requires specific minimum balances to be maintained before traders can request withdrawals. The minimum balance for each account size includes a buffer that ensures enough funds remain after the payout to cover the trailing drawdown. For example:

For a $50,000 account, the minimum balance is $52,600, which includes a $2,500 trailing drawdown and a $100 buffer.
For a $100,000 account, the minimum balance is $105,100, with a $5,000 trailing drawdown and a $100 buffer.
For a $150,000 account, the minimum balance is $157,600, including a $7,500 trailing drawdown and a $100 buffer .

This ensures that traders stay within their risk limits even after withdrawing funds.

What are Tradeify’s withdrawal methods?

Tradeify offers several methods through Rise for withdrawing profits. After passing the required evaluation or opting for the “Straight to Sim Funded” account, traders can request withdrawals through Rise Pay. With Rise, traders can choose from the following withdrawal methods:

Bank Transfers to local or international banks.
Crypto Tokens, allowing payments in various cryptocurrencies.
Local Currencies, depending on the trader’s region and preferences.

When can traders withdraw from Tradeify?

Traders can withdraw from Tradeify twice a month. The withdrawal windows are open on the 1st-4th and 15th-18th of every month. You need to meet certain conditions, like trading on at least 10 different days, having a minimum account balance over the trailing drawdown, and following the consistency rule. Once approved, payouts are processed within 24 hours.

How fast is Tradeify’s payout process?

Tradeify processes payouts within 24 hours after approving a withdrawal request.

How does the payout process work at Tradeify?

Here’s a step-by-step breakdown of Tradeify’s payout process:

Meet the conditions:
- Trade on at least 10 separate days since the last payout.
- Ensure at least 5 of those days have a profit greater than $100.
- Your account balance must be above the trailing drawdown plus a $100 buffer (e.g., if you have a $50k account, the balance needs to be at least $52,100).
Request a payout:
- Payout requests can be made during the two payout windows: the 1st-4th and the 15th-18th of each month.
- Go to your dashboard and submit the payout request.
Review and approval:
- Once submitted, your request cannot be edited or canceled.
- Tradeify reviews your request to ensure all conditions are met, including the Consistency Rule (which limits how much of your total profit can come from a single day).
Payout approval:
- If approved, your funds are withdrawn from your account immediately.
Payment processing:
- Payments are processed within 24 hours after approval.
- The funds are sent via Rise Pay, where you can choose to receive them through bank transfer, crypto wallet, or local currency options.
Receive the money:
- Once processed, you’ll receive the payout in the method you selected.

what are Tradeify’s payout restrictions?

Here are Tradeify’s payout restrictions:

Minimum Trading Days: You must trade at least 10 days between payouts, with 5 days showing profits over $100, forcing steady trading before you can withdraw.
Consistency Rule: No single day’s profit can exceed 35% of your total profits (20% for Straight to Sim), preventing reliance on one big win for payouts.
Account Balance Requirement: Your balance must be $100 above the trailing drawdown, ensuring you have a buffer over your drawdown to qualify.
Payout Windows: Payouts can only be requested during the 1st-4th and 15th-18th of each month, limiting when you can withdraw.
Minimum Payout Amounts: The minimum payout is $500 for $50k accounts, $1,000 for $100k, and $1,500 for $150k, so small amounts can’t be withdrawn.
Payout Tiers: The maximum payout increases with each withdrawal, capped at $3,000-$5,500 by the 6th payout, limiting early withdrawals.
Country Restrictions: Some countries can’t receive payouts at all, like Afghanistan, North Korea, and Venezuela, while others like Ontario (Canada) and China only get Sim Funded accounts with no live payouts, blocking certain regions.
Maximum Number of Payouts: After 16 payouts, you must switch to a Live Funded account or, in restricted countries, the account closes, so you can’t stay in Sim Funded forever.
Withdrawal Platform: Payouts are processed through Rise Pay, limiting you to one platform for withdrawals.

Tradeify’s profit share is structured so that the first $15,000 in profits is kept entirely by the trader. After that, a 10% commission is taken by Tradeify on any profits exceeding $15,000. This applies per trader, not per account.

What to know about taxes on Tradeify payouts?

Tradeify doesn’t handle taxes directly. Traders are responsible for managing their own taxes based on their local laws. When receiving payouts, traders need to handle any reporting and payments required by their tax authorities. For those trading through a company or LLC, a Know Your Business (KYB) process is required for payouts, which involves extra documentation.

does Tradeify apply withdrawal fees?

Tradeify does not apply withdrawal fees directly. However, after earning $15,000 in profits, a 10% commission (from profit split) is taken on any additional profits during withdrawals. No mention of other fees related to the payout process was found in the file.

Does Tradeify Pay Out?

Yes, Tradeify pays out its traders. Payouts are processed through Rise Pay, which allows bank transfers, cryptocurrency, and local currency options. Payouts can be requested twice a month, during the 1st-4th and 15th-18th of each month, with approval and processing within 24 hours. Tradeify does not charge withdrawal fees, but after earning $15,000, a 10% commission is taken on additional profits.

Will withdrawals affect Tradeify’s trading rules?

Yes, withdrawals can affect Tradeify’s trading rules. After requesting a payout, the account must still meet the minimum balance requirements above the trailing drawdown to qualify. If the account falls below this balance before the payout is processed, the request will be denied. Also, the account’s trading conditions, like the drawdown buffer, must be maintained even after submitting a withdrawal request.

Conclusion on Tradeify Withdrawal and Payout policy

Tradeify’s payout structure is designed to support traders by offering 100% of the first $15,000 in profits, with a 90% profit share afterward. Payouts can be requested twice a month and are typically processed within 3-7 days, making the system efficient for frequent withdrawals. There are no fees for larger payouts, but smaller withdrawals may face limitations. The Trading Funder team found Tradeify’s use of Rise Pay for payouts—whether via bank transfer, crypto, or local currencies—ensures secure and flexible options. If you need help navigating these policies or maximizing your profits, Trading Funder offers consulting to help you choose the best prop firms like Tradeify.