Tradeify’s $300K Select V2: Lower Price, Larger Drawdown, New Daily Loss Limit

Tradeify’s largest Select account received a significant rule update in August 2026.

The current $300K Select V2 launched on August 27, 2026 and now applies to all new $300K Select purchases. Traders who bought the account before that date remain on the original V1 structure for the life of the account.

The headline changes are straightforward:

• the evaluation price fell from $449 to $349
• the maximum loss limit increased from $6,000 to $8,000
• a new $4,000 Daily Loss Limit was added
• the $14,000 profit target remained unchanged
• the 40% consistency rule remained unchanged

So while V2 gives traders more total loss capacity at a lower price, it also introduces a new intraday risk constraint that did not exist on V1.

The account got cheaper

The most obvious change is the purchase price.

V1 cost $449. V2 costs $349.

That is a $100 reduction in the evaluation price while the headline profit target remains at $14,000.

For a product this large, that is a meaningful pricing shift.

But the lower fee did not simply come with looser rules across the board.

Total drawdown increased

V2 raises the EOD maximum loss from $6,000 to $8,000.

That gives traders an additional $2,000 of total loss capacity during the evaluation.

On paper, that looks more forgiving.

The problem is that the account also added a new Daily Loss Limit.

V2 introduces a $4,000 DLL

V1 did not have a Daily Loss Limit.

V2 does.

The current evaluation uses a $4,000 DLL in addition to the $8,000 EOD maximum loss threshold.

That means the account now has two different risk boundaries:

• a total account-level drawdown
• a separate daily loss restriction

So the V2 structure is simultaneously wider and tighter.

The trader has more total drawdown room, but less freedom to use that room in a single session.

Why this matters more than the headline drawdown

If you only looked at the max-loss number, V2 appears substantially more forgiving.

But risk capacity is not defined by one number.

A trader on V1 could theoretically absorb a large losing session as long as the overall EOD drawdown was not breached.

A V2 trader now has to stay within the $4,000 Daily Loss Limit even though the total loss allowance is larger.

That changes how the account behaves during high-volatility sessions.

It also makes the account more sensitive to oversized losses taken too quickly.

The profit target and consistency rule stayed the same

The $14,000 profit target did not change.

Neither did the 40% consistency requirement.

That means the evaluation still requires profit to be distributed across multiple trading days.

Tradeify says no single trading day can represent more than 40% of total profit, which creates a minimum of three trading days to pass.

So V2 changes risk, not the basic qualification target.

Full contract size remains available during evaluation

Both versions allow the same maximum size:

16 minis / 160 micros

Tradeify says the full limit is available throughout the evaluation and that scaling only begins once the account becomes funded.

That is important because the larger $8,000 drawdown did not come with a corresponding increase in maximum position size.

The account cannot be reset

One of the more important practical differences between the $300K product and smaller Select accounts is that the $300K cannot be reset.

If the evaluation fails, the account closes.

The trader must buy another $300K evaluation if inventory remains available.

That matters more because Tradeify also describes the $300K as a limited-release product.

So failure is not just a reset decision. Availability itself may become a factor.

Purchase limits are stricter

Tradeify currently limits the $300K Select to three accounts per user.

The $300K also does not count toward the standard limit of 15 evaluation purchases in a 30-day period.

KYC must also be completed before the purchase can be finalized, which is different from smaller Select accounts where identity verification can happen later.

Funded traders still choose Flex or Daily

Passing the evaluation does not lock the trader into a single payout structure.

As with the broader Select program, the trader chooses between:

• Select Flex
• Select Daily

after passing.

That choice is permanent for the account.

V2 Flex is wider than V1

The current V2 Flex structure uses:

• $8,000 EOD drawdown
• $4,000 Daily Loss Limit
• no funded consistency rule
• $750 winning-day threshold
• payout eligibility every five winning days
• up to 50% of profits, capped at $10,000 per payout
• starting size of 3 minis / 30 micros
• scaling up to 16 minis / 160 micros

Legacy V1 Flex uses:

• $6,000 EOD drawdown
• no DLL
• the same $750 winning-day threshold
• the same $10,000 payout cap

So again, V2 offers more total room but adds a daily constraint.

V2 Daily also expands

The funded Daily structure changed too.

V2 Daily uses:

• $6,000 EOD drawdown
• $3,000 DLL
• $6,100 buffer
• daily payout eligibility
• $4,000 maximum payout per day
• a rule requiring 50% of each payout to come from new profit since the previous payout

Legacy V1 Daily uses:

• $5,000 EOD drawdown
• $2,500 DLL
• $5,100 buffer
• $3,500 daily payout cap

That makes V2 Daily meaningfully larger across both risk and payout parameters.

The funded-account allowance changed

One of the less obvious V2 changes is account-count treatment.

Legacy V1 $300K funded accounts count toward Tradeify’s standard five-funded-account limit.

V2 $300K funded accounts are held on top of that limit.

Tradeify says a trader with three V2 $300K accounts can hold up to eight simulated funded accounts in total.

That is a significant structural change for traders running multiple accounts.

Drawdown eventually locks

Both V1 and V2 use EOD trailing drawdown.

For V2:

• Daily drawdown locks once EOD balance reaches $306,100
• Flex drawdown locks once EOD balance reaches $308,100
• the locked floor becomes $300,100

Once locked, the drawdown stops trailing and becomes a fixed floor.

Tradeify also says that requesting a payout on Flex before the normal lock threshold immediately locks the drawdown at $300,100.

That means the timing of a payout can change the account’s future risk profile.

V2 is not simply “better”

It would be misleading to frame the update as universally easier or harder.

V2 improves several things:

• lower evaluation price
• larger total drawdown
• larger Daily-path risk limits
• higher Daily payout cap
• more favorable funded-account allowance

But it also adds a Daily Loss Limit to both the evaluation and Flex structure, something V1 did not have.

So the update changes the shape of the risk rather than simply loosening it.

Existing V1 accounts remain untouched

Tradeify says V1 accounts purchased before August 27 remain on their original rules permanently.

They are not converted to V2 and cannot be upgraded.

That means both versions can remain active at the same time.

For traders comparing rules online, the purchase date now matters.

A set of Tradeify rules can be completely accurate and still be wrong for a specific account if it applies to the wrong version.

Why this belongs in the Prop Informer database

This is exactly the kind of change the Rule Change Tracker should preserve.

The firm name and account size alone are not enough.

We need to know:

• product
• version
• effective date
• evaluation price
• drawdown
• DLL
• consistency
• funded structure
• payout caps
• account-limit treatment

Otherwise, current and legacy accounts get mixed together.

The $300K Select V2 is a strong example of why rule history matters.

The product name stayed the same.

The account underneath it did not.