DayTraders

No committed review or transfer window is published, only an advertised average and a daily cut-off. The average: “We process payouts quickly, with an average approval time of 32 minutes”. The cut-off for simulated accounts: “Payouts approved before 5:00 PM ET will reflect the same day”, and traders are told to “Place a small trade after requesting a payout so the system generates a report”. Live accounts run on a fixed daily window instead: “Payouts are processed daily between 5:00–6:00 PM ET”, after which “the payout will be scheduled through Plane and the balance will be deducted before the next trading session begins”. Minimum request is $500 “in increments of $500” on Pro and S2F, with “Minimum QDays between requests: 8” on Pro and “Minimum QDays between requests: 10” on S2F; live accounts have “no payout limits, and traders may request payouts starting from their first trading day”. How long the money then takes to land in a bank account is not stated anywhere (the only 3–7 business-day figure in the help centre belongs to the affiliate commission programme, not to trader payouts). The $500 minimum applies to bank requests from simulated accounts; eligible DT Wallet credits have a separate $100 minimum and cannot be withdrawn as cash.

Late and identity-first, run by the payout provider rather than at signup. The DayTraders account itself must be individual: “All DayTraders accounts must be registered under an individual’s legal identity” and “Do not enter an LLC, corporation, or business name when creating your DayTraders account”. Verification bites when a payout method is set up, which must happen before any withdrawal (“You must have a Payout Method set up in your account profile before requesting a withdrawal”). What is collected: “U.S. individuals: Social Security number (SSN); Non-U.S. individuals: Passport number or another accepted government-issued identification number”, “required for identity verification, agreement signing, and compliance purposes”, plus a signed contract through Plane. Minimum age 18. Accounts are non-transferable (“you cannot transfer your accounts (Evaluation, Sim Funded or Live) or login details to someone else”), and “We do not process payouts on accounts that attempt to deceive or misrepresent information”, listing identity fraud, payment fraud and credential sharing. Tax: “U.S. traders receive a 1099-NEC form by January 31” and “Non-U.S. traders do not receive tax forms”. Going live adds a document step: “Ensure you have submitted the required documents on your ‘Live Docs’ tab on your dashboard. Then, sign the live account agreement for that account.” No named third-party KYC vendor, document list or turnaround time is published for the DayTraders side.

The standard futures session runs from 6:00 PM ET through 5:00 PM ET the next day, with daily maintenance from 5:00–6:00 PM ET. Sunday evening counts toward Monday; half-day holidays do not count as full qualifying days. The cutoff article advises closing by 4:59 PM ET, and agricultural instruments close earlier. Evaluation and S2F rules explicitly allow holding through close, overnight and weekends at mark-to-market risk, with no automatic close by DayTraders. The Terms of Use separately require closing before 5:00 PM ET in one clause and 5:00 PM CST in another, and describe automatic flattening. There is no single reconciled mandatory flat-by time.

Fifteen of each, with sub-caps inside the funded fifteen. “You can hold up to 15 total funded accounts at any given time”, covering “Pro Static accounts, Pro Trailing accounts, S2L accounts, S2F accounts”, distributed freely except that “You can hold up to 5 S2F accounts maximum within your total 15 funded accounts”; the same quick-reference table caps “EOD Sim Funded Accounts” at “Max 5 (within the 15)”, and the S2L articles cap S2L evaluations at 5 and live accounts at 5. Evaluations: “You can hold up to 15 active Evaluation accounts at the same time”, “a mix of trailing and static accounts of any size”. The cap is per trader, but logins are capped per household: “I understand there may only be one (1) user account per household” (Billing Terms) and “Only one daytraders.com login is allowed per household”. Two older pages contradict the current figures and are recorded rather than silently dropped: “You may hold up to three active S2F accounts at any time” (2025-06-24) against the current five, and “Multiple Funded Accounts: Manage up to 5 funded accounts per user” (2025-02-22) against the current fifteen.

Absolute, and stated in four separate documents. The binding one is not on any public route: the Billing Terms served from the checkout consent checkbox (https://daytraders.com/member/checkout/agreement?type=Billing) state “Once a purchase has been made and the evaluation credentials have been emailed to the customer, no refunds under any circumstances will be accepted… All sales are final.” The Data Disclaimer repeats it with no technical-failure exception: “we uphold a strict no-refund policy… No refunds will be issued under any circumstances, regardless of any technical difficulties, platform errors, or data discrepancies”. The help centre agrees — “we do not offer refunds for Evaluation fees, Pro Account fees, data fees, or additional login session fees” and “In cases where an incorrect account type or plan is selected, no refunds will be provided” — and the Terms of Use extend it to cancellation, early termination, failure and unused purchases: “You are not entitled to a refund of the fee, for example, if you cancel your Account… if you terminate the use of the Services prematurely… you fail to meet the conditions of Day Traders Evaluation or if you violate the Terms in any manner”, plus “Your participation in, or failure to use, such purchased service does not entitle you to a refund.” Cancelling is self-service and irreversible (“Cancellations are permanent—once done, it can’t be undone”), and an unactivated account is suspended after 30 days and terminated after six months “without any right to a refund of the fee”. Wallet purchases are equally final. Chargebacks are met with retaliation clauses, and the two Billing Terms documents describe different ones: the checkout version threatens “account suspension, account termination, simulated profit forfeiture, live account forfeiture, and live account profit split forfeiture”, while the help-centre version says “In the event of a charge dispute, the amount will be sent to collections, and I will be responsible for any associated collection and legal fees.” There is no cooling-off period, no partial refund and no free trial.

A rolling 30-day activity test, checked daily, with two different thresholds by billing type. Monthly accounts: “minimum 1 trading day within each 30-day billing cycle” and “That trading day must meet the minimum daily profit for your account size”. Lifetime (one-time-fee) accounts: “4 trading days within a rolling 30-day period”, each meeting the minimum daily profit; “Consistency is not required” for either. Failing it means “The account will be marked as inactive”, which “can result in: Account interruption, Having to purchase a new account, Issues when requesting withdrawals or advancing account status”. A separate deadline applies to a passed evaluation: “If the Pro Account is not set up within 30 days of your last trade on the Evaluation Account, you may risk forfeiting your Pro Account.”

DayTraders offers discretionary promotion from simulated Pro/S2F trading and the purchasable Straight to Live evaluation. Discretionary selection has no guaranteed milestone and reaches around 1% of simulated funded traders. S2L requires eight qualifying evaluation days, 25% consistency and the size-specific target, then provides live execution with an 80/20 split, daily payout opportunities, no activation fee and a $1,000 withdrawal buffer. Payouts require the trailing drawdown to lock at the starting balance. The current homepage and live page explicitly distinguish simulated Evaluation/Pro accounts from real S2L execution. Some older help articles still carry an unreconciled blanket simulated-only disclaimer.

Futures only: “DayTraders.com is for Futures Trading only. We currently do not offer Forex, Crypto or Options Trading.” The 42 contracts above are the Instrument List as published (updated 2026-03-16) across Equity, Agricultural, Energy, Metal, Micro and Currency groups, with the firm's own tick size, point value and close time. Trading outside the list is a rejection rather than a breach: “If you attempt to place an order on an instrument that’s not allowed, your trade will simply be rejected—no penalty.” Tick sizes and point values match the current official instrument table. Close times differ by group — 5 PM ET for equity, energy, metal, micro and currency; 2:05 PM ET for livestock; 2:20 PM ET for grains and oilseeds. Commissions are published per contract and charged round-turn on every trade: $3.98 on the equity minis, $4.72 on currencies, $5.58 on agriculturals, $2.52–$3.96 on energy (E-mini Natural Gas QG is the $2.52 floor; the other five energy contracts are $3.92–$3.96), $4.62 on metals and $0.84–$1.52 on micros; “Is the Profit Goal net of commissions after all costs” is answered yes, targets are net. Contract limits are per account size and are published as mini plus micro (for example “6 [60 Micros]”), i.e. minis and micros at a 1:10 ratio.