Challenge Questions:
Is there a time limit for challenges ?
There is no time limit to complete an Advanced or Growth Evaluation.
How do I get funded after passing a challenge?
Once you meet your profit target and pass the Evaluation, you will need to wait until the dashboard updates between 5PM and 8 PM EST.
What happens if I cancel my challenge subscription?
You will not be able to activate it if you pass.
Can I pause my challenge subscription?
No, you cannot.
Do I get reset credits upon renewal?
If the challenge is NOT failed then the account will not reset and you will not get a reset credit.
Are there any monthly fees after funding?
No, once you pass and activate the challenge there's no fees at all.
Do you offer practiice accounts?
No, we do not offer practice accounts.
Account Management:
How many simulated funded accounts can I have at once?
You can have up to 5 Funded accounts per Household.
Are there activation fees?
Only for Advanced accounts.
Can I trade as a company/LLC?
Yes, you can.
What happens to my account if I don't trade for a week?
Your account will be deleted.
What happens if with all the profits if i want to close my account?
The profits will be forfeited.
Payouts & Profit Sharing:
How do simulated funded account profit shares work?
it's a 90-10 Profit Split, you will get 90% of the payout amount requested.
What payout methods are accepted?
We process payouts via Riseworks and Plane.
How long do payouts take to process?
Payouts are usually processed within 24 - 48 Hours.
When do I need to complete KYC verification?
Only once you request a payout.
Do you send 1099 tax forms?
No, Rise does.
Trading Rules & Compliance:
What is a trading day?
A trading day is counted as at least one trade placed from 6:00 P.M. EST/EDT to 5:00 P.M. EST/EDT the next day.
Can I hold positions overnight?
No, you cannot.
What time can I start/stop trading?
You can trade from 6:00 PM EST/EDT until 5:00 PM EST/EDT the next day.
Is news trading allowed?
Yes, it's allowed.
Is hedging allowed?
No, hedging is not allowed at all.
Can I trade on weekends?
No, you cannot.
Can I use a VPN or VPS?
Yes, at your own risk.
Can i change my Tradovate Username and Password?
No, do not change your Username or password as it will break the system.
Do you allow scalping?
Yes, we do just keep in mind that we have a microscalping rule which states that 50% or more of your profit must come from trades held longer than 10
seconds.
Can i trade stocks/forex/options?
No, we only offer futures trading.
What time must I close positions?
All positions must be closed before 4:59PM EST.
Platform & Technical:
What platforms are supported?
We offer Tradovate/ProjectX/Ninjatrader/Tradingview
Do i have to pay for market data?
No, we provide you with Level 1 Market data.
Do I need Level 2 data?
No, you do not need it, it's optional.
Why is my market data delayed?
Make sure to sign the Non-Professional Agreement in Tradovate Web.
Account Types:
What's the difference between Sim Funded and Live Funded?
Sim Funded: Trade in simulated markets, earn real payouts (90/10 split)
Live Funded: Trade with real capital in live markets, higher earning potential with daily payouts and scaling opportunities
Both generate real profits - Live Funded offers more earning potential after proving consistency in Sim Funded.
Retry.
When do I get moved to Live Funded?
After 4 payouts from the same Sim Funded account, Tradeify reviews your performance and may transition you to Live Funded.
Automatic transition occurs at $80,000 in total payouts.
Can I reset a sim funded account?
No, you cannot reset a sim funded account.