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TradeDay Overview

TradeDay
TradeDay
Unverified
CEO:James Thorpe
United StatesFlag of United States
Founded:2020
Trustpilot:4.6/5
Prop Score
N/A
Unverified Firm
4.5
2 total reviews
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This firm listing has been compiled from publicly available information and community submissions. It has not been independently verified by our team. Data may be incomplete or inaccurate.

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NinjaTrader
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Data sourced from public information — may be incomplete or outdated

Account Size

Account Type

Drawdown Type

Trailing

Max Allocation

$450,000

Account details are unverified — confirm directly with the firm before purchasing

Showing rules specific to TradeDay Intraday $150K.

Profit Target

$9,000 profit target to pass the evaluation.

Maximum Drawdown

$4,000 maximum drawdown. Trailing. Your maximum drawdown trails up in real-time as your balance increases.

Daily Loss Limit

No daily loss limit.

Consistency Rule

30% Consistency Rule. No single trading day's profit may exceed 30% of your total profit. No day greater than 30% of your total profits

Minimum Trading Days

5 trading days required.

Maximum Contracts

Maximum position size: 15 mini contracts or 50 micro contracts.

Subscription

Monthly subscription ($300/month). Your account rebills every 30 days until you pass.

Reset Fee

$149 reset fee to restart your evaluation from the beginning.

Trading Rules

  • News trading is permitted. You may hold trades through news events.
  • Positions must be closed before market close on Friday. Failure to close positions may result in an automatic breach.
  • Overnight holding is not permitted. All positions must be closed by end of each trading session (typically 5:00 PM ET for futures).
  • Hedging is not permitted. You cannot hold opposite positions (long and short) on the same instrument at the same time.
  • Holding mini and micro contracts at the same time is allowed.
  • Copy trading is permitted. You may copy trades between your own accounts.
  • Expert advisors (EAs) and automated trading bots are permitted.
Data sourced from public information — may be incomplete or outdated

Maximum Drawdown

$4,000 maximum drawdown. Trailing. Your maximum drawdown trails up in real-time as your balance increases. Once your balance reaches $154,000, the drawdown locks at $150,000 and no longer trails.

Daily Loss Limit

No daily loss limit.

Maximum Contracts

Maximum position size: 15 mini contracts or 50 micro contracts.

Consistency Rule

None. There is no consistency rule for your funded account.

Maximum Accounts

Maximum 3 funded accounts per trader.

Inactivity Rule

Account will be closed after 45 consecutive days without placing a trade.

Activation Fee

$139 one-time activation fee to start your funded account.

Resets

No resets available. If you breach, you must purchase a new account.

Trading Rules

  • News trading is permitted. You may hold trades through news events.
  • Positions must be closed before market close on Friday. Failure to close positions may result in an automatic breach.
  • Overnight holding is not permitted. All positions must be closed by end of each trading session (typically 5:00 PM ET for futures).
  • Hedging is not permitted. You cannot hold opposite positions (long and short) on the same instrument at the same time.
  • Holding mini and micro contracts at the same time is allowed.
  • Copy trading is permitted. You may copy trades between your own accounts.
  • Expert advisors (EAs) and automated trading bots are permitted.
Account details are unverified — confirm directly with the firm before purchasing

Profit Split

Progressive profit split based on total profit withdrawn:

  • First $50,000 in profit: 80%
  • After $50,000 in profit: 90%
  • After $100,000 in profit: 95%

Payout Frequency

On-demand payouts — request a withdrawal anytime after meeting minimum requirements.

Profit Goal

$4,000 profit required before requesting a payout.

Minimum Balance

Your account balance must be at least $154,000 to request a payout.

Minimum Payout

$250 minimum per payout request.

Buffer Requirement

$4,000 buffer must be maintained. You cannot withdraw into this buffer.

Processing Time

Payouts are typically processed within 24 hours after approval.

Path to Live

You can earn up to $5000 in profits (the First milestone) When you reach a Milestone, you must stop trading. On the day the milestone is reached, during the End of Day run (4:30pm CT), access to the trading account will automatically be paused and the trading team will review the account overnight. From here, you may be offered an extension to continue to trade in the Funded Sim account (up to the next Milestone), or you may be moved to the Funded Live account.

Payout information is unverified — confirm directly with the firm

TradeDay Compatible Tools (1)

Tools that support the same trading platforms

The Bottom Line

Last updated April 2026

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?

Traders aiming for a path to live funded tradingScalpers and news traders with no minimum hold time restrictionsAlgorithmic and EA tradersTraders who prioritise firm reputation and track record
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