Overview
The verified TradeDay promo code is LUMI, which gives you 50% off your TradeDay evaluation. Enter code LUMI at checkout. Verified active as of July 2026.
Trader's share
Capital allowance
Payout frequency
Year founded
Accounts allowed
Trading Platforms
NinjaTrader
Tradovate
TradingView
Quantower
ATASTradable Assets
Funding Models
Payment Methods
Payout Methods
Key Features
Account Pricing
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $3,000 | $2,000 Intraday | — | Free | $180 $90-50% | Get Funded | |
| Challenge | $6,000 | $3,000 Intraday | — | Free | $320 $160-50% | Get Funded | |
| Challenge | $9,000 | $4,500 Intraday | — | Free | $480 $240-50% | Get Funded |
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $3,000 | $2,000 Intraday | — | Free | $175 $88-50% | Get Funded | |
| Challenge | $6,000 | $3,000 Intraday | — | Free | $285 $143-50% | Get Funded | |
| Challenge | $9,000 | $4,500 Intraday | — | Free | $395 $198-50% | Get Funded |
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $3,000 | $2,000 Intraday | — | Free | $125 $63-50% | Get Funded | |
| Challenge | $6,000 | $3,000 Intraday | — | Free | $230 $115-50% | Get Funded | |
| Challenge | $9,000 | $4,500 Intraday | — | Free | $350 $175-50% | Get Funded |
Trading Rules
Trading Permissions
Evaluation Guidelines
Evaluation Overview
TradeDay offers three drawdown types across three account sizes ($50K, $100K, $150K):
1. Intraday Trailing Drawdown
Max drawdown calculated in real-time. Lower monthly fees but stricter drawdown tracking.
2. End-of-Day (EOD) Trailing Drawdown
Max drawdown calculated at 4 PM CT market close. Higher monthly fees but more intraday flexibility.
3. Static Drawdown
Fixed drawdown limit that never moves. Lower profit targets and position limits but most forgiving drawdown.
Three Objectives to Pass:
1. Hit profit target ($1,500-$9,000 depending on account and drawdown type)
2. Trade minimum 5 days
3. Comply with 30% consistency rule (no single day > 30% of total profit)
Trading Rules:
- Day trading only; close all positions before market close (3:50 PM CT)
- CME Group futures only (ES, NQ, CL, GC, etc.)
- No trading 2 minutes before/after Tier 1 economic releases (FOMC, CPI, NFP)
- Positions auto-liquidate around major economic announcements
TradeDay has a one-off setup fee for Funded Sim accounts of $139. Please note that this fee is only collected once. Once you have completed a Milestone review and have been moved to Funded live, you will not have to pay the activation fee again. However, each time an evaluation is passed, the setup fee does need to be paid.
Hard Breach Rules
Evaluation fails if the Maximum Drawdown Limit is breached.
Policies & Conditions
IP / Location Restrictions Apply
TradeDay verifies your trading location. Logging in from restricted regions or masking your location may put your account at risk.
Payout Policy
Traders receive tiered profit splits based on lifetime withdrawals: 80% for first $50,000, 90% for $50,001-$100,000, and 95% for amounts over $100,000. Buffer zone allows 50/50 split on buffer withdrawals. Must clear starting balance + drawdown before withdrawing.
Payout Processing Time
Payouts processed within 24 hours.
Daily Payouts
Allowed
Day-one payouts available. Payouts processed within 24 hours for requests submitted before 5:30 PM CT.
1-Day Pass
Not Allowed
Minimum 5 trading days required to pass evaluation.
VPN Usage
Not Allowed
VPN usage is restricted due to compliance requirements.
Dollar-Cost Averaging
Allowed
DCA is permitted within standard risk parameters.
Micro-scalping
Allowed
Scalping is allowed. High-frequency automated scalping that exploits latency is prohibited.
Bots & Algorithms
Not Allowed
Automated trading systems allowed but must comply with anti-exploit standards. Hedging, popular bot services, and third-party signal exploitation are prohibited.
High-Frequency Trading
Not Allowed
HFT strategies and latency arbitrage are strictly prohibited.
Phase Transition
What changes from Evaluation to Funded
Profit Target
No profit target in funded phase - trade freely!
Consistency Rule
Consistency rule removed in funded phase
Restricted Countries
TradeDay is not available in 81 countries
Traders from these countries cannot participate in evaluations
This list may change. Please verify eligibility directly with TradeDay before purchasing.
Trust & Track Record
Credibility indicators for TradeDay
Rating
100
Excellent
6+
Years Active
United States
Headquarters
James Thorpe
CEO / Founder
4.6
1,449 reviews
Trust Indicators
5/5 criteria metEstablished Business
6+ years
Verified Reviews
1,449 reviews
High Rating
4.6/5
Leadership Transparency
James Thorpe
Multi-channel Support
5 channels
Trading Analytics
Cost Calculator
Calculate your breakeven and ROI
$62.5
Price + activation fee
1 trades
At $500/trade
N/A
No payout cap published
N/A
Max ROI on first payout cap
Insight: With $500 profit per winning trade, you need 1 winning trades to recover your $62.5 investment.
Risk-Reward Profile
How aggressive are the trading requirements?
6.0%
Profit Target
4.0%
Max Drawdown
1.50
Risk/Reward
What this means: Balanced risk profile with 6.0% profit target against 4.0% max drawdown. Suitable for most traders.
Market Position
How TradeDay compares to 16 other firms
Good value ($63)
Below average (bottom 78%)
Limited funding options
Average rating
Established (6 years)
Frequently Asked Questions
Is TradeDay a legitimate prop firm?
Yes, TradeDay is a legitimate prop trading firm established in 2020. It has a customer rating of 4.6/5 and is based in United States.
What is the profit split at TradeDay?
TradeDay offers a profit split up to 80%. This is competitive within the industry.
Does TradeDay allow scalping and news trading?
Scalping is allowed. News trading is restricted during the evaluation phase.
What platforms can I use with TradeDay?
TradeDay supports the following trading platforms: NinjaTrader, Tradovate, TradingView, TradeDayX, Jigsaw Daytradr, Quantower, ATAS.
What is the TradeDay promo code?
The TradeDay promo code is LUMI. Enter LUMI at checkout to get 50% off your TradeDay evaluation.
How much can I save with the TradeDay discount code?
Using the TradeDay discount code LUMI saves you 50% on your evaluation fee. This is the best verified TradeDay coupon code available for 2026.
When can I withdraw my profits?
Payouts are processed On-demand when eligible. Traders receive tiered profit splits based on lifetime withdrawals: 80% for first $50,000, 90% for $50,001-$100,000, and 95% for amounts over $100,000. Buffer zone allows 50/50 split on buffer withdrawals. Must clear starting balance + drawdown before withdrawing.
Learn More About Prop Trading
What is a Prop Firm? A Beginner's Guide to Proprietary Trading (2025)
Learn what a prop firm is, how proprietary trading firms work, and how you can get funded with up to $300k capital to trade futures.
Futures vs Forex Prop Firms: Which is Better for You? (2025)
A detailed comparison of futures prop firms vs forex CFD firms. We break down costs, rules, platforms, and payout structures to help you choose.
How to Pass a Prop Firm Challenge: Proven Strategies (2025)
90% of traders fail their prop firm challenges. Learn the risk management strategies and tips used by the top 10% to pass and stay funded.
Recent Updates
Updated TradeDay review with latest pricing, active promo codes, and verified payout processing times. Confirmed active status for 2026.
Routine check of trading rules and platform availability. No major changes detected in terms of service.
Similar Prop Firms
Compare with Others
Featured Prop Firms
