At Tradeify, the rules and policies we’ve established are designed not to restrict your trading, but to create a foundation that maximizes profitability and supports long-term success.
Our goal is to leverage your talent, manage risk effectively, and foster a sustainable trading environment where both the firm and traders benefit.
Good Faith Policy
The core of Tradeify's guidelines is a mutual understanding between Tradeify and the trader that the trader acts in good faith. Therefore traders are prohibited from using strategies that seek to exploit or create errors within our platform.
This includes taking advantage of discrepancies in price displays, delays in updates, or any other technical errors in our services.
Such actions are considered unethical and can lead to serious consequences, including termination of your trading account.
By adhering to these guidelines, we can work together to build a mutually advantageous relationship that drives success for all.
Bots/Algorithmic Trading
At Tradeify, we allow the use of bots and algorithms under certain conditions:
Ownership : You must be able to prove that you are the sole owner of the bot or strategy, and that no one else has access to or is using it. This ensures that the bot/algorithm is not being shared with other traders or firms.
We scan to ensure there are no similar orders on other accounts. We will also require a live video of you enabling the code on your own PC.
Exclusive Use : While you may use the bot on your personal accounts, using it across multiple firms is against Tradeify's policy. The bot should be solely for your own use within Tradeify.
No High-Frequency Trading (HFT) Bots : Personal bots are allowed as long as they are not high-frequency trading (HFT) bots. Tradeify has specific risk measures in place to detect and monitor such activities.
Compliance & Verification: Tradeify reserves the right to request information or documentation if our risk measures flag your account for potential violations of these guidelines.
These rules are in place to maintain the integrity of trading on our platform and ensure fairness for all traders.
Microscalping
Microscalping refers to executing trades with the intent of capturing small profits from minimal price movements, such as a few ticks or points typically within a very short period of time.
Tradeify is looking for traders that are serious about their trading and can be called up to live to eventually be copied by our own firm as well.
Trades executed in less than 10 seconds are difficult to reliably replicate or copy, so we have implemented the following guideline:
50% or more of your profit must come from trades held longer than 10 seconds.
Keep in mind, if you do not meet the criteria, then the user will not be able to request a payout or activate the challenge.
Maximum Account Idle Time
To keep your account active, you must place at least one trade per week (Monday through Friday). This is per account, not per user. Failure to do so may result in your account being marked as inactive. If we are concerned about your max idle time we will message you before we take any action.
News Trading, Dollar Cost Averaging, Flipping, and Scaling
We do not have any rules against or guidelines around trading news events, Dollar Cost Averaging (DCA), flipping, or scaling.
Dollar-Cost Averaging (DCA) refers to entering a trade with multiple executions at different price points from the initial entry.
DCA is allowed, but it should always be part of a structured strategy. It is discouraged to “average into oblivion” involving continuously adding to a losing position without a clear strategy, until the trade reaches breakeven or a slight profit.