Tradeify Makes Select 300K Permanent and Adds Funded Resets

Tradeify made three changes to its Select accounts at the start of November. The $300K Select evaluation is now permanent, breached funded accounts can be bought back without a new evaluation, and some payout caps and reset fees have changed. Here is what each one means if you trade Select.

Select 300K is here to stay

The 300K started as a limited release. Tradeify’s pricing reference now lists it as permanently available at $570, with a few limits:

• Up to 5 purchases per person in any rolling 30 days.
• No more than 3 funded 300K accounts at once, counted within Tradeify’s usual limit of 5 funded accounts.
• Identity checks before you can buy.
• No resets on the 300K evaluation.

The 300K does not count towards the monthly limit of 15 evaluations. For context, the other Select sizes cost $109 (25K), $165 (50K), $265 (100K) and $369 (150K) with the standard 40% consistency rule. You can see how the plans differ in our Tradeify Select guide.

Funded Reset: buy back a breached account

This is the bigger change. If you breach a Select funded account at 50K, 100K or 150K, you can now pay for a fresh funded account of the same size instead of passing a new evaluation. Tradeify’s Funded Reset FAQ sums it up as buying back your position, not your progress: the new account starts at zero profit, with a full drawdown and the payout clock reset.

The conditions:

• You must buy within 30 days of the breach.
• The breached account must never have recorded a payout.
• Each account history can use Funded Reset twice at most, and the second costs about 10% more.
• Not available on 25K, Growth, Lightning or live accounts, or if you or your household already hold a live account.

The price depends on the account size and how many payouts you have taken across all your accounts. A first reset of a 50K starts at $450 for traders with no more than one payout, rising to $775 at five payouts and falling back to $479 at ten or more. Fees are not refundable.

Is it worth it? Compare it with the cost of passing again. We work through the maths in our guide to funded resets.

Payout caps and reset fees

Tradeify also lowered the per payout caps on Select Flex accounts bought with the 50% consistency add on, at three sizes. Daily caps are unchanged. The current evaluation reset fees for the 50% add on are $145 (50K), $230 (100K) and $319 (150K). If you are choosing between the standard rule and the add on, check the current caps in Tradeify’s help centre before you buy.

One more change: traders in India and the UK now need to pass identity checks earlier, before a funded account is issued.

What it means for you

• If you trade larger sizes, the 300K is now a permanent option, but the account limits are tight.
• If you lose a funded Select account early, Funded Reset can be cheaper than starting over. It is not available once you have taken a payout on that account.
• If you plan to use the 50% consistency add on, recheck the Flex caps first.

Tradeify’s NOV code takes 40% off Growth evaluations and 30% off other accounts until 13 November. See our Tradeify promo code page.