TradeDay Overview
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Account Size
Account Type
Drawdown Type
EOD
Max Allocation
$450,000
Showing rules for All End of Day accounts. Select a size for size-specific rules.
The Bottom Line
This editorial assessment is based on unverified public data and may not reflect the firm's actual offering.
TradeDay has been around since 2020, making it one of the longer-running firms in the space. They offer 2 account types with challenge fees ranging from $125 to $375. Profit splits scale up to 80% as you hit payout milestones. They mainly offer end-of-day trailing drawdown challenges, but their Intraday plan features intraday trailing on the funded account, meaning it adjusts in real time as your balance rises, including on unrealised gains. This is stricter than the EOD trailing drawdown. The firm states payout processing takes 24 hours.
Strengths
- ✓80% profit split
- ✓Operating since 2020 (6 years)
- ✓Rated 4.6 on Trustpilot
- ✓News trading allowed
- ✓Expert Advisors (EAs) permitted
Weaknesses
- ✗Intraday trailing drawdown on Intraday funded accounts, which tracks unrealised gains in real time (End of Day use EOD trailing)
- ✗Consistency rule applies across all account types during evaluation (as tight as 30%), limiting how much profit can come from a single trading day
Who Should Choose TradeDay?
TradeDay Account Types & Sizes
Limited Reviews
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Frequently Asked Questions About TradeDay
TradeDay payouts by plan: Intraday: on demand; and End of Day: on demand. The profit split is 80% up to $50,000, 90% above $50,000 and 95% above $100,000 on every plan. Payouts are typically processed within 24 hours after approval. Payout methods: Rise.
TradeDay drawdown by plan: Intraday: intraday trailing; and End of Day: end-of-day (EOD) trailing. An intraday trailing drawdown moves up with your highest balance during the session. An end-of-day trailing drawdown is recalculated from your closing balance after each session, so the floor does not move up while you trade.
TradeDay consistency rule by plan: Intraday: 30% during the evaluation; and End of Day: 30% during the evaluation. A consistency rule caps how much of your total profit a single trading day may make up.
