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TradeDay Beginner Guide: Quick Pay Rules, Costs and Payouts
Understand TradeDay Quick Pay 50K, its evaluation consistency, the switch to intraday drawdown and the two payout splits, with worked examples.
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TradeDay offers futures evaluations that can lead to simulated funded trading and, after review, a live account. Quick Pay is its flexible withdrawal path, but there is a detail beginners should understand before paying: an end-of-day evaluation becomes an intraday trailing account in Funded Sim.
This guide follows Quick Pay 50K with the end-of-day evaluation. It explains the subscription, the consistency calculation and why a $1,000 withdrawal request does not necessarily put $1,000 in your bank account.
Checked September 27, 2026. FundedNow may earn a commission from purchases through our links. Examples are hypothetical educational calculations; fees can be lost, and passing or receiving payouts is not guaranteed. Rule-reference links open TradeDay's homepage; find the named policies in its support center.
What are you buying at TradeDay?
You initially buy access to an evaluation using simulated money. The 50K label describes the starting account balance, not a personal cash deposit or a $50,000 loss allowance. You qualify by meeting performance objectives while respecting the account's rules.
Quick Pay offers intraday or end-of-day evaluation drawdown. Fast Pass is a separate product with different qualification and funded conditions. Quick Pay needs at least five trading days and 30% consistency; Fast Pass needs three days and 45%. This guide's later payout examples belong to Quick Pay. Evaluation objectives
Passing leads to Funded Sim, another simulated stage with contractual payout eligibility. A live brokerage account comes later, following TradeDay's review. Keep those three stages separate when reading an advertisement or planning your budget. Quick Pay overview
Current TradeDay offers
Current listed discounts for TradeDay: up to 55% off eligible accounts.
| Account plan | Entry price from | Billing | Code |
|---|---|---|---|
| Quick Pay | $45 | Monthly | LUMI |
| Fast Pass | $59 | Monthly | LUMI |
Offer terms Code: LUMI. 55% offer on Quick Pay and Fast Pass evaluations. Exact advertised prices apply by account size. Renewal discount duration and campaign end date are not published. No stacking.
Entry prices exclude separate activation fees, resets and optional extras. Offer eligibility and renewal terms depend on the selected account. Confirm the final total at checkout.
The official reference price for Quick Pay 50K EOD is $175 per billing period. TradeDay renews evaluation subscriptions every 30 days until the account passes or you cancel. A purchased reset does not restart that billing clock. Account prices, monthly billing
An active evaluation can retain its progress across renewal. A failed evaluation receives an automatic reset at renewal; the published separate reset price for this configuration is $85. Cancellation ends the subscription rather than preserving a paused attempt. Billing and resets
Put the next billing date in your calendar. Decide in advance what evidence would justify another month: better execution, fewer rule mistakes or a strategy behaving as expected. “I have already spent money” is not useful evidence.
Quick Pay 50K EOD: the evaluation rules
| Item | Published requirement |
|---|---|
| Starting simulated balance | $50,000 |
| Profit target | $3,000 |
| Trailing loss allowance | $2,000 |
| Minimum trading days | 5 |
| Best-day consistency | 30% |
| Maximum position | 5 minis or 50 micros |
| Selected drawdown calculation | End of day |
These figures describe the chosen evaluation. Hitting the active maximum drawdown boundary ends the attempt. The contract limit is permission, not a position-size recommendation. Account parameters
If you have never tracked trading costs, begin there. A strategy can look profitable before commissions and still struggle to create enough net profit to pass. Use the account's actual recorded result in your progress sheet, not a chart screenshot of the best point in a trade.
How the 30% consistency calculation works
Divide your best profitable day by total evaluation profit. A $1,200 best day against $3,000 total is 40%, so reaching the original target alone is insufficient. With that best day unchanged, $1,200 ÷ 0.30 gives $4,000 total profit needed for the 30% ratio. Exceeding the percentage delays qualification rather than immediately failing the evaluation. Consistency objective
This is a reason to review your progress, not to manufacture trades. Suppose the strategy produces one exceptional day followed by several ordinary sessions. Keep taking valid setups at your planned size. Increasing risk merely to dilute the exceptional day can turn a manageable delay into a failed account.
Track four numbers after each session: total profit, largest day, consistency percentage and distance to the drawdown floor. That small habit tells you more than staring at the profit target alone.
EOD changes how the floor moves, not when it matters
The initial arithmetic is $50,000 minus $2,000, giving a $48,000 floor. An EOD trailing model updates from the qualifying closing balance rather than every temporary open-trade high. You still must respect the current floor during the session. Drawdown definitions
For an illustrative early session, a $50,600 close raises a floor trailing $2,000 behind it to $48,600. If the next session loses $300, the floor does not give back $300 of protection. Your remaining room has narrowed.
The important transition comes after passing: Quick Pay Funded Sim uses intraday trailing drawdown, even if you chose EOD for evaluation. An unrealized gain can lift the high-water mark; giving that gain back can bring you closer to failure. Practise that behavior before your first funded session. Quick Pay funded rules
Quick Pay withdrawals: understand the two splits
Funded Sim has no consistency requirement or mandatory payout buffer under Quick Pay. The earliest request can follow one trading day, and the minimum request is $250, subject to eligibility and available profit. “Day-one payout” describes possible eligibility, not a promise of first-day earnings. Quick Pay payout policy
The split depends on current account profit. The portion below the $4,000 profit threshold uses a 50% trader share; eligible profit above that threshold uses 80%. Withdrawing across the threshold can combine both rates. Prior withdrawals do not make the account permanently eligible for 80%.
Consider $6,000 current profit and a $3,000 request:
| Portion of request | Trader share |
|---|---|
| $2,000 from profit above $4,000 | $1,600 at 80% |
| Remaining $1,000 below that threshold | $500 at 50% |
| Total received before external charges | $2,100 |
The account loses the full $3,000 requested, even though your share is $2,100. The trailing calculation also includes gross profits, incorporating prior payouts; a withdrawal does not reset the loss floor. Withdrawal mechanics
Before requesting anything, write down the remaining balance and the displayed floor. A permitted withdrawal can still leave less room than your strategy needs. Being eligible and being comfortable with the remaining risk are separate decisions.
News, closing times and moving to live
TradeDay restricts specified Tier 1 releases: be flat two minutes before and two minutes after the listed event. Its schedule matters because restrictions can depend on the instrument. Close positions ten minutes before the relevant product's daily close, including earlier holiday sessions. Do not rely on an automatic liquidation service as your routine. News policy, permitted trading times
Quick Pay accounts reaching $10,000 gross profits enter a live-transition review. TradeDay says to stop trading at that point; excess profits can be removed. Live acceptance and timing require review, and live trading has a 90% trader share. Quick Pay progression
This creates a useful planning milestone. When you approach the review level, read the transition instructions before the next session rather than assuming another profitable trade will simply increase the transferable balance.
Who might find this structure useful?
Quick Pay may suit someone who values flexible withdrawal timing and can manage an intraday trailing account. Its EOD evaluation option lets you qualify under a different floor calculation, but you need a clear plan for the funded transition.
The limitations are practical: recurring evaluation costs, a 30% evaluation consistency test and a lower share on withdrawals from the first profit tier. A trader expecting to take every small gain out immediately should calculate the actual cash received and the room left behind.
Before buying:
- Confirm your country, identity requirements and chosen platform are supported.
- Select Quick Pay and the intended EOD or intraday evaluation explicitly.
- Check the current offer and renewal terms on the payment screen.
- Practise the funded intraday floor and the news calendar.
- Set an attempt budget and a personal stop comfortably inside the account boundary.
- Calculate a sample withdrawal using both the split and the remaining balance.
The FundedNow TradeDay profile keeps the available account configurations together. Read it alongside your selected account's current agreement, then make the first trading goal simple: follow a process you could repeat without needing an unusually good day.
Frequently asked questions
Is TradeDay Quick Pay a live account immediately?
No. Quick Pay starts with a simulated evaluation, followed by Funded Sim. A later live account requires review.
Does Quick Pay keep EOD drawdown after passing?
No. Quick Pay Funded Sim uses intraday trailing drawdown even when the evaluation used end-of-day drawdown.
What is the Quick Pay evaluation consistency rule?
The best profitable day must meet the 30% consistency requirement relative to total evaluation profit. A larger day can require additional total profit.
How does the Quick Pay payout split work?
The trader share is 50% on the portion below the $4,000 current-profit threshold and 80% on eligible profit above it. A withdrawal crossing that threshold can use both rates.
What is the current TradeDay offer?
Current listed discounts for TradeDay: up to 55% off eligible accounts. See the current offers section for account-specific prices, codes and conditions. Confirm the final total at checkout.
