Tradeify Launches Grand Cup 2: Outlaws With a $1,000,000 Prize Pool
Tradeify opens registration for its second simulated trading tournament, offering a $1,000,000 prize pool, head-to-head elimination for 1,024 traders, and $5,000 bounties on 24 invited Outlaws.
Tradeify, a Boca Raton-based prop trading firm, has opened registration for The Grand Cup 2: Outlaws, a free-to-enter simulated trading tournament with a $1,000,000 prize pool. The event features a five-day qualifier followed by a 1,024-trader single-elimination bracket, and introduces 24 invited "Outlaw" competitors each carrying a $5,000 bounty.
Registration is open now at tradeify.co/grandcup. The qualifier runs from May 17 to May 22, with the bracket stage starting May 26 and culminating in the championship on June 5. Tradeify has paid over $200 million to funded traders since its launch in 2024.
Tournament Format and Rules
Participation in the qualifier is free. Entrants trade a $50,000 simulated account with a $2,500 drawdown limit over five days, capped at one mini contract or ten micro contracts. Rankings are determined by ending account balance, and the top 1,000 traders advance to the bracket.
In the head-to-head stage, qualifiers are paired in single-day matchups on a fresh $50,000 simulated account with no drawdown rule. The trader with the higher ending balance advances. Each trader must execute at least three trades, each held for longer than ten seconds, or forfeit the matchup. The field is halved daily, reducing from 1,024 to 512 on day one, and so on, until two finalists compete on June 5.
Outlaws and Prizes
Tradeify hand-picked 24 Outlaws who enter the bracket directly. Any trader who eliminates an Outlaw receives a $5,000 bounty on top of round prize money. The total prize pool of $1,000,000 is distributed with $200,000 to the champion. The remaining $800,000 is paid out in $80,000 tranches across the ten elimination rounds, split evenly among traders eliminated in each round. This gives the runner-up $80,000, each semifinalist $40,000, and each quarterfinalist $20,000.
Platforms and Resets
The Grand Cup 2 is hosted on NinjaTrader/Tradovate and Rithmic-based platforms such as Tradesea. Each entrant uses a single account. Qualifier participants who bust their account can reset up to three times at $29 per reset, available only during the qualifier window and not during the bracket.
Source: Tradeify