Update 19 September 2026: Tradeify’s Premier Trading League prize pool is $1 million, not the $1.3 million figure that appeared in earlier help-center copy and our original coverage.

Official competition pages and The Prop Journalist’s 17 September write-up both list a clean $1M total: $300k for Open 1, $300k for Open 2, and $400k for the World Finale in Fort Lauderdale on 11 December. The Creator Division $300k that had pushed the earlier total to $1.3M was removed.

Everything else about the structure still holds. Free entry, two separate Opens with eight head-to-head matches each, $50k simulated accounts, points for wins plus capped profit, uncapped loss deductions, and a mid-season cut after Match 4. Optional paid resets ($25 match or $50 full) are the only cost.

Tradeify continues to claim $300M+ lifetime payouts in its bio and was live-streaming the NY session on 18 September.

Original context

When we first covered the launch the help center still showed the higher figure. The reduction is now confirmed on Tradeify’s own competition site and independent coverage. If you already registered, nothing about scoring, eligibility or the live final changes.

Our Take: $1M is still a serious free competition. The format change from pure P&L leaderboards to head-to-head plus points is the more interesting part for traders who want something closer to consistent performance measurement. Read the full guide before you treat any single match as make-or-break.

Gourang Parekh

I’ve been trading for over 5 years, mainly across Indian markets, futures, forex, crypto, and CFDs. Over the years, I’ve traded with a lot of different brokers and prop firms and spent a huge amount of time testing their rules, platforms, pricing, drawdown models, payout systems, and trading conditions.

I’ve been through plenty of failed prop firm challenges myself before eventually figuring out what works for me. That experience has given me a pretty practical understanding of what traders actually deal with when choosing a prop firm or trading platform.

Outside of trading, I work with financial content, SEO, and WordPress. I’ve built websites and tools around trading and finance, tested a wide range of trading tools, and even modified Pine Script indicators on TradingView as a hobby.

I write about prop firms, brokers, crypto platforms, and trading tools with a focus on the things that actually matter to traders, including rules, costs, payouts, and the overall trading experience.

Expertise: Prop Firms, Forex Brokers, Futures, Crypto, CFDs, Trading Platforms, Trading Tools, Risk Management

Prop Firm Trader