Overview
Trader's share
Capital allowance
Payout frequency
Year founded
Accounts allowed
Trading Platforms
NinjaTrader
Tradovate
TradingView
Quantower
ATASTradable Assets
Payment Methods
Payout Methods
Key Features
Market Position
How TradeDay compares to 15 other firms
Good value ($75)
Below average (bottom 80%)
Limited funding options
Average rating
Established (6 years)
Account Pricing
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $3,000 | $2,000 Intraday | — | Free | $175 $105-40% | Get Funded | |
| Challenge | $6,000 | $3,000 Intraday | — | Free | $275 $165-40% | Get Funded | |
| Challenge | $9,000 | $4,000 Intraday | — | Free | $375 $225-40% | Get Funded |
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $3,000 | $2,000 Intraday | — | Free | $125 $75-40% | Get Funded | |
| Challenge | $6,000 | $3,000 Intraday | — | Free | $200 $120-40% | Get Funded | |
| Challenge | $9,000 | $4,000 Intraday | — | Free | $300 $180-40% | Get Funded |
| Size | Type | Target | Drawdown | Daily Loss | Activation | Price | Action |
|---|---|---|---|---|---|---|---|
| Challenge | $1,500 | $500 Intraday | — | Free | $165 $99-40% | Get Funded | |
| Challenge | $2,500 | $750 Intraday | — | Free | $250 $150-40% | Get Funded | |
| Challenge | $3,750 | $1,000 Intraday | — | Free | $350 $210-40% | Get Funded |
Trading Analytics
Cost Calculator
Calculate your breakeven and ROI
$125
Price + activation fee
1 trades
At $500/trade
$-125
Max $0 payout
-100%
On first payout
Insight: With $500 profit per winning trade, you need 1 winning trades to recover your $125 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.
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.
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 78 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
Trust Score
100
Excellent
6+
Years Active
United States
Headquarters
James Thorpe
CEO / Founder
4.6
1,266 reviews
Trust Indicators
5/5 criteria metEstablished Business
6+ years
Verified Reviews
1,266 reviews
High Rating
4.6/5
Leadership Transparency
James Thorpe
Multi-channel Support
5 channels
Reviews & Verdict
The Upside
What we love
Day-One Payouts
- Immediate access to profits with industry-leading 24-hour processing time.
Up to 95% Profit Split
- Tiered profit split increases with lifetime withdrawals (80% → 90% → 95%).
Multiple Drawdown Options
- Choose between Intraday, End-of-Day, or Static drawdown based on your trading style.
No Activation Fees
- $0 to activate funded accounts.
Up to 6 Accounts
- Trade up to 6 accounts simultaneously.
Comprehensive Education
- CoPilot membership ($24/mo) includes webinars, mentoring, institutional research, and Discord community.
Free Resets on Renewal
- Account resets included with subscription renewal.
Experienced Leadership
- Founded by traders with 80+ years combined futures industry experience.
The Downside
Room for improvement
30% Consistency Rule (Evaluation Only)
- No single trading day can exceed 30% of total profit during the evaluation phase.
News Trading Restrictions
- 2-minute blackout around Tier 1 economic releases (FOMC, CPI, NFP).
74+ Restricted Countries
- Large number of countries restricted due to FCM/broker compliance requirements.
Futures Only
- No stocks, forex, crypto, options, or CFDs - CME Group futures only.
Funded Live Data Cost
- $140/month per exchange for professional CME data on Funded Live accounts.
5 Day Minimum
- Cannot pass evaluation in less than 5 trading days.
Community Reviews
Share Your Experience
Help other traders make informed decisions by sharing your review of this prop firm.
Frequently Asked Questions
Is TradeDay a legitimate prop firm?
What is the profit split at TradeDay?
Does TradeDay allow scalping and news trading?
What platforms can I use with TradeDay?
Is there a discount code for TradeDay?
When can I withdraw my profits?
Related Guides
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.
Similar Prop Firms
Compare with Others
Featured Prop Firms
Lucid Trading
15 Min Payouts