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Tradeify Launches “ProjectX” With Major Program Updates
Tradeify has announced a wave of updates to its trading programs under the initiative “ProjectX.” These changes, rolling out for new accounts starting the weekend of September 13–14, are designed to accelerate payouts while keeping risk controls intact.
Faster Access to Payouts
The most trader-friendly change is the removal of the 7-day minimum trading requirement for payouts. Funded traders can now request payouts immediately after meeting their profit target. This is the only update that is retroactive, applying to all existing funded accounts. Growth and Advanced accounts still require five profit days.
Adjusted Contract Scaling
Tradeify has revised contract limits to encourage more sustainable risk management:
- $50k Account: 4 mini / 40 micro contracts
- $100k Account: 8 mini / 80 micro contracts
- $150k Account: 12 mini / 120 micro contracts
Updated Microscalping Rules
At least 50% of trades and profits must now come from positions held longer than 10 seconds (up from 5). This rule is visible inside account details to help traders stay compliant. Tradeify emphasizes that payouts will not be denied solely for microscalping.
Dynamic Daily Loss Limit (Growth & Lightning Funded)
Once an account closes the day above +6% profit, the Daily Loss Limit converts to a Max Trailing Drawdown. This offers traders more breathing room while maintaining robust risk controls.
Growth & Advanced Accounts
- Faster scaling payout caps: Traders reach maximum payout potential by their fourth payout.
- Higher minimum balances now required for payout requests:
- $50k → $53,000
- $100k → $104,500
- $150k → $156,500
Lightning Funded Accounts
- Consistency rules ease after the first payout, with less strict requirements as traders progress.
- Streamlined profit goals: flat and more predictable after the first payout, e.g. $6,000 first goal and $3,500 thereafter on a $100k account.
What It Means for Traders
Tradeify positions ProjectX as a step toward a more trader-friendly environment. Faster payouts, scalable rewards, and updated rules aim to balance flexibility with responsible risk.
The updates take effect for new accounts starting Sept 13–14, with one key win — existing funded traders immediately benefit from the removal of minimum trading days.