Take Profit Trader vs TradeDay
Take Profit Trader vs TradeDay: Key Differences
There is a modest pricing gap between these firms. Take Profit Trader comes in at $102 for the $50K evaluation while the other charges $175 — a $73 difference. That is roughly the cost of a reset at most firms, so it is worth factoring in if you budget for multiple attempts. Check available Take Profit Trader discount codes for additional savings.
With matching 80% profit splits, neither firm has a financial edge on earnings. Your take-home pay will be identical for the same trading results, so the real comparison shifts to drawdown policies, trading flexibility, and how quickly you can access your funds.
Take Profit Trader requires fewer minimum trading days (3 vs 5).
TradeDay permits news trading while Take Profit Trader 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.
View the full details on each firm's page: Take Profit Trader rules & pricing and TradeDay rules & pricing.
We have conducted full, first-person reviews of Take Profit Trader and TradeDay.
Take Profit Trader vs TradeDay: Prices & Rules
| Take Profit Trader | TradeDay | |
|---|---|---|
| Account | Test $50,000 | End of Day $50,000 |
| Price | $102 ($170 before 40% off) | $175 |
| Activation fee | None listed | $139 |
| Profit target | $3,000 | $3,000 |
| Max drawdown | $2,000 (end-of-day trailing) | $2,000 (end-of-day trailing) |
| Daily loss limit | None listed | None listed |
| Min trading days | 3 | 5 |
| Funded profit split | 80% | 80% |
| Funded max drawdown | $2,000 (Trailing) | $2,000 (end-of-day trailing) |
Trading Rules: Side-by-Side
| Rule | Take Profit Trader | 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.
Which Firm Is Right for You?
The best prop firm depends on your experience level, trading style, and priorities. Here is how Take Profit Trader and TradeDay stack up for different types of traders.
Budget-Conscious Beginners
New to prop firms and want to minimize risk while learning the ropes.
Take Profit Trader
- +Lower entry cost at $102 vs $175
Experienced Traders
Consistent track record, focused on maximizing earnings and scaling capital.
TradeDay
- +News trading allowed for event-driven strategies
- +Expert advisors supported for automated strategies
Conservative Swing Traders
Prefer wider stops, lower risk, and the flexibility to hold positions longer.
Take Profit Trader
- +Both firms have comparable risk management features
Frequently Asked Questions
What does a $50K challenge cost at Take Profit Trader vs TradeDay?
Take Profit Trader charges $102 for their $50K challenge, compared to $175 at TradeDay (plus a $139 activation fee once funded). That is a $73 savings upfront. This already includes Take Profit Trader's 40% discount.
How do Take Profit Trader and TradeDay profit splits compare?
Both firms pay a 80% profit split. On a $2,000 profit you keep $1600 at either firm — no difference in take-home pay.
Which firm has easier drawdown rules for the $50K account?
Both firms set the max drawdown at $2,000.
Can I trade during news events at Take Profit Trader or TradeDay?
TradeDay permits news trading while Take Profit Trader does not. Traders who build their edge around scheduled economic events should factor this into their decision.
How quickly can I get paid at Take Profit Trader vs TradeDay?
Both firms have flexible payout timing without strict minimum day requirements. Check each firm's current payout schedule for processing timelines.
Which firm is better for beginner futures traders?
For beginners, Take Profit Trader 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.
Related Comparisons
Related Resources
- Take Profit Trader Discount Codes — Current promotions and verified coupon codes
- TradeDay Discount Codes — Current promotions and verified coupon codes
- Take Profit Trader Test Plans — Rules and sizes for Test accounts
- TradeDay End of Day Plans — Rules and sizes for End of Day accounts
- TradeDay Intraday Plans — Rules and sizes for Intraday accounts
- Compare More Firms — Build your own side-by-side comparison
- How to Pass a Prop Firm Challenge — A step-by-step plan for the evaluation
- Cheapest Futures Prop Firms — Ranked by total cost to get funded
- Trailing Drawdown Explained — How EOD and intraday trailing drawdowns differ
- No Consistency Rule Prop Firms — Firms that don't cap your best day
- Best Instant Funding Prop Firms — Skip the evaluation entirely
- Trading Guides — Learn strategies for passing prop firm evaluations
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.