TradeDay

TradeDay — Overview & Key Features

• Founded: 2020, U.S.-based with over 80 years of combined trading experience from its founders. (turn0search1)

• Asset Focus: Futures trading with support for multiple instruments like equity indexes, FX, bonds, energy, metals, and agricultural contracts. (turn0search9)

• Account Sizes & Pricing:

  • Ranges from $10,000 to $250,000 funding levels.

  • Monthly evaluation fees: e.g., $99–$165 for $50K accounts, up to $750 for $250K.

• Evaluation Process:

  • One-step evaluation with no time limits, profit targets around 6%, and a trailing drawdown (~3%). 

  • Consistency Rule: No single trading day can contribute more than 30% of total profits. (turn0search7)
    
    

• Profit Split & Payouts:

  • 100% of the first $10K earned by the trader, then 90% thereafter. No withdrawal fees or restrictions. 

  • Same-day payouts available; payouts processed swiftly if requested before cutoff times.

• Platform Support: Compatible with Tradovate, NinjaTrader, TradingView, and Jigsaw. 

• Special Features:

  • Access to education via live webinars, research, coaching, and a strong Discord trading community.

  • Up to 95% profit split on funded accounts. 

Pros & Advantages

• High Profit Potential: Generous profit split after $10K and fast, frequent payouts. 

• Beginner-Friendly Rules: Clear, structured evaluation with no time pressure and trailing drawdown simplifies risk management. 

• Strong Reputation: Excellent Trustpilot score—4.6/5 from over 1,000 reviews, praising the payout system and customer service. 

• Versatile Trading Platforms: Compatible with major futures platforms including Tradovate, Ninjatrader, 

• Supportive Trader Environment: Includes educational content, coaching, daily webinars, and a vibrant Discord community.

Cons & Considerations

• Monthly Fees Add Up: Ongoing evaluation fees and potential data costs can accumulate. (turn0search7)

• Restrictions on News Trading: Trading during high-impact news and holding positions over weekends is prohibited. 

• Some Negative Feedback: A few traders report:

  • Account closures after payouts, occasionally with perceived lack of clarity.

  • Dashboard issues where the reason for failure isn't well-explained.

Summary & Verdict

TradeDay stands out as a highly accessible and trader-friendly prop firm offering a one-step evaluation, flexible conditions, and strong platform support. It’s particularly intriguing for futures traders seeking clear rules, fast funding access, and a supportive learning environment.