Tradeify 247 Review & Rules: DXTrade & MT5 Platform Transition (2026)
Tradeify 247 (tradeify247.co) is officially closed to new account purchases. However, the backend infrastructure remains 100% active, fully tradeable, and withdrawable for all existing grandfathered accounts operating on DXTrade and MetaTrader 5 (MT5).
If you are looking for Tradeify's new decentralized perpetual prop firm built natively on Hyperliquid Layer-1 order books with USDC collateral, read our breaking Tradeify Perps Review & Rules Guide.
What is Tradeify 247?
While standard futures prop accounts restrict trading to CME Group operating hours (forcing daily liquidation by 4:59 PM EST and prohibiting weekend trading), Tradeify 247 (tradeify247.co) originally introduced continuous 24/7/365 synthetic crypto and CFD trading operated by Tradeify Ventures LTD (Saint Lucia).
Unlike Tradeify's newly launched Tradeify Perps (tradeifyperps.co), which executes directly on decentralized Hyperliquid Layer-1 central limit order books, Tradeify 247 operated synthetic contracts for difference (CFDs) hosted on DXTrade and MetaTrader 5 (MT5). While new challenges can no longer be purchased on tradeify247.co, existing account holders maintain full access to pass evaluations and execute withdrawals under their original terms.
Evaluation Models: 1-Step vs 2-Step vs Instant
Tradeify 247 offers three entry paths, each catering to different volatility thresholds and capital commitments.
1. 1-Step Evaluation (Speed Track)
- Profit Target: 12% cumulative net gain.
- Maximum Daily Loss: 3% pegged to midnight balance.
- Maximum Drawdown: 6% Static. Crucially, the drawdown does not trail up behind open or closed equity—it remains anchored 6% below your starting balance.
- Max Leverage: 5:1 cross-margin.
- Minimum Days: 3 active trading days.
2. 2-Step Evaluation (Conservative Track)
- Profit Target: Phase 1 requires 10%; Phase 2 requires 5%.
- Maximum Daily Loss: 3%.
- Maximum Drawdown: 6% Static across both evaluation phases.
- Max Leverage: 5:1 cross-margin.
- Minimum Days: 4 active trading days per phase.
3. Instant Sim-Funded (Direct Capital)
- Evaluation Phase: None. Traders immediately access simulated capital from 100,000.
- Profit Target: None (withdrawals eligible based on milestone cycles).
- Maximum Daily Loss: 3%.
- Maximum Drawdown: 6% Trailing (locks at starting capital upon hitting milestone buffer).
- Max Leverage: 2:1 cross-margin (tighter leverage protects against rapid crypto weekend liquidation).
Contract Specifications, Execution & Platform Separation
A frequent point of confusion among traders is the technical separation between Tradeify 247 and Tradeify Perps:
- Tradeify 247 (
tradeify247.co): Operated by Tradeify Ventures LTD (Saint Lucia). All contracts are synthetic broker-cleared CFDs routed through DXTrade and MT5 white-label bridges. Purchases of new accounts are closed. - Tradeify Perps (
tradeifyperps.co): Operated by Tradeify FX LLC (Florida) with payment processing by Novaflame LTD (Cyprus). Built natively on Hyperliquid's Layer-1 decentralized order book network using USDC collateral.
(If you are evaluating or trading on the new Hyperliquid order book model, consult our dedicated Tradeify Perps Hyperliquid Guide.)
Supported Tradeify 247 Assets (DXTrade / MT5)
- Crypto Pairs: BTC/USD, ETH/USD, SOL/USD, and 50+ altcoin CFD pairs.
- Synthetic Commodities: Gold (XAU/USD), Silver (XAG/USD), Oil (WTI/USD).
- Synthetic Indices: US Tech 100, US 500, US 30 CFDs.
Commission & Overnight Financing
- Spreads & Commissions: Standard retail CFD spreads on DXTrade/MT5 with variable platform commissions.
- Overnight Swap / Financing: Positions held past the daily rollover are subject to standard swap/financing debits calculated by the CFD liquidity provider.
- Margin System: Account equity is managed in USD through the DXTrade and MT5 balance engine.
Tradeify 247 vs Direct Retail Crypto Trading (Binance / Bybit)
Crypto derivatives traders typically trade on offshore exchanges like Binance, Bybit, or OKX. The table below illustrates the mathematical difference between trading personal capital versus a Tradeify 247 funded account:
4 Critical Rules for Tradeify 247 Traders
To maintain compliance and avoid automated breach triggers on Tradeify 247:
- The 3% Daily Loss Stop: Daily loss resets at 00:00 UTC. The 3% threshold is calculated against the starting balance of the day and tracked in real time against live mark-price equity.
- Overnight Financing & Swap Costs: Holding high-notional CFD positions across daily rollovers incurs swap fees on DXTrade and MT5. Monitor swap charges before leaving large positions open across weekends.
- No Latency Exploitation: Exploiting broker feed delays, toxic arbitrage, or quote desynchronizations between DXTrade/MT5 and liquidity feeds is strictly prohibited.
- Mandatory Payout Buffer: On Instant and 1-Step accounts, requesting a payout requires maintaining your account buffer above the 6% drawdown cushion. Payout requests settle via Rise within 24 business hours.
Tradeify 247 accounts remain 100% honored for existing holders. If you are a new trader looking to join Tradeify's decentralized perpetual trading platform built directly on Hyperliquid Layer-1 order books with USDC collateral, read our breaking analysis:
👉 Tradeify Perps: Complete Hyperliquid Prop Trading Guide (2026)