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Loading...Cost is one of the clearest differentiators here. Legends Trading undercuts the competition significantly at $59 versus $175 — a $116 gap on the $50K challenge alone. For a trader planning two or three attempts, that could mean saving $232 to $348 in total fees.
The profit split gap is notable. Legends Trading returns 90% of your profits, putting $900 in your pocket for every $1,000 earned. The other firm's 80% split means you would receive $800 on that same amount — a $100 per-thousand difference that scales with every payout.
Legends Trading requires fewer minimum trading days (1 vs 5).
TradeDay permits news trading while Legends Trading restricts it. These operational differences can shape your day-to-day experience, particularly if your strategy depends on volatility around economic releases or requires more intraday flexibility.
These two firms take meaningfully different approaches to their challenge programs. The right pick depends on what you prioritize: lower cost of entry, a bigger share of profits, or more lenient risk parameters. Consider which rules align with how you actually trade, not just which numbers look best on paper.
View the full details on each firm's page: Legends Trading rules & pricing and TradeDay rules & pricing.
| Rule | Legends Trading | TradeDay |
|---|---|---|
| News Trading | Eval only | Allowed |
| Weekend Holding | Not allowed | Not allowed |
| Overnight Holding | Not allowed | Not allowed |
| Hedging | Not allowed | Not allowed |
| Copy Trading | Allowed | Allowed |
| Expert Advisors (EAs) | Not allowed | Allowed |
Rules shown reflect the $50K challenge account. Some rules may differ by account size or type.
The best prop firm depends on your experience level, trading style, and priorities. Here is how Legends Trading and TradeDay stack up for different types of traders.
New to prop firms and want to minimize risk while learning the ropes.
Legends Trading
Consistent track record, focused on maximizing earnings and scaling capital.
Legends Trading
Prefer wider stops, lower risk, and the flexibility to hold positions longer.
Legends Trading
Legends Trading charges $59 for their $50K challenge (plus a $99 activation fee once funded), compared to $175 at TradeDay (plus a $139 activation fee once funded). That is a $116 savings upfront.
Legends Trading gives you 90% of your trading profits versus 80% at TradeDay. In practice, if you earn $2,000 in a payout cycle, you would receive $1800 from Legends Trading and $1600 from TradeDay — a $200 difference per $2,000 earned.
Both firms set the max drawdown at $2,000.
TradeDay permits news trading while Legends Trading does not. Traders who build their edge around scheduled economic events should factor this into their decision.
Payout timelines are similar at both firms, typically requiring around 3 profitable trading days. Both support multiple withdrawal methods.
Legends Trading enforces a 36% consistency rule — no single day can account for more than 36% of your total earnings. TradeDay has no such rule, giving you freedom to have outsized winning days without penalty.
For beginners, Legends Trading has an edge thanks to lower challenge fee. These features reduce the pressure while you are still developing consistency. That said, both firms are viable — the best choice depends on your specific trading approach and budget.
Data is updated regularly but may not reflect the latest changes. Always verify current pricing and rules on each firm's official website before making a decision.
Detailed side-by-side comparison of Legends Trading and TradeDay $50K challenge accounts. Compare fees, profit splits, drawdown rules, and more.