TradeDay

TradeDay review: our verdict

TradeDay suits futures traders who want a cheap monthly evaluation with no activation fee and a quick route to a first payout. Its Quick Pay funded account has no payout buffer and allows a request after one trading day, and its Fast Pass evaluation can be passed in three days with an end-of-day (EOD) drawdown. The trade-offs are significant, though: Quick Pay pays only 50% of profit until the account holds more than $4,000, Quick Pay funded accounts always use an intraday drawdown even if you chose EOD for the evaluation, and Fast Pass has small per-cycle payout caps and tight funded contract limits.

TradeDay scores 7.7/10 in our ratings and ranks fifth of the 10 futures prop firms we currently rate. Low prices, clear help-center documentation and a strong Trustpilot score support it; the reduced Quick Pay split and Fast Pass caps keep it behind the firms above. See our methodology.

Programs and pricing

TradeDay, established in 2020, sells two monthly evaluations, each in 25K, 50K, 100K and 150K sizes:

• Quick Pay: choose an intraday or EOD drawdown for the evaluation; 5 minimum days and a 30% consistency rule. The funded sim account has no buffer, no consistency rule and a split that starts at 50/50.
• Fast Pass: EOD drawdown, 3 minimum days and a 45% consistency rule. The funded sim account pays 80/20 but requires five profitable days per payout cycle and caps each payout.

Prices below are in US dollars per month from tradeday.com in November 2026. The site was showing a 55% discount on Quick Pay and 50% on Fast Pass.

Size	Quick Pay intraday (list / sale)	Quick Pay EOD (list / sale)	Fast Pass EOD (list / sale)	Target	Max drawdown
25K	$100 / $45	$120 / $54	$130 / $65	$1,500	$1,000
50K	$131 / $59	$175 / $79	$189 / $95	$3,000	$2,000
100K	$240 / $108	$285 / $129	$350 / $175	$6,000	$3,000
150K	$360 / $162	$400 / $180	$530 / $265	$9,000	$4,500

There is no activation fee on any plan, and a reset costs the same as the current monthly sale price. Billing is a monthly subscription until you pass; TradeDay says cancelling the subscription closes the linked evaluation account. If you pass but cannot complete the broker's KYC checks for a funded account, TradeDay says refunds are not available.

Trading rules explained

Profit targets

Targets are 6% of the account on both plans: $1,500, $3,000, $6,000 and $9,000. Profit is measured as total net profit over the evaluation, and you must also meet the minimum days and consistency rule.

Daily loss limit

TradeDay's plan cards and evaluation rules list no daily loss limit, so the maximum drawdown is the only loss limit in evaluation and funded sim. Live accounts instead apply slippage-based position limits.

Maximum drawdown

Drawdowns run from $1,000 (25K) to $4,500 (150K). With an EOD drawdown, the floor trails your highest end-of-day balance and ignores swings within the session. With an intraday drawdown, the floor trails your highest equity during the day, including unrealized gains. Quick Pay funded sim accounts always use an intraday trailing drawdown, calculated on gross profit (current profit plus payouts), so the floor keeps trailing after payouts. Fast Pass funded sim and both live programs use EOD. We did not find a published level at which the evaluation drawdown stops trailing.

Minimum days and consistency

Quick Pay requires 5 trading days and no single day above 30% of total profit. Fast Pass requires 3 days and no day above 45%, although one FAQ on the homepage says Fast Pass has no minimum-day requirement. Fast Pass funded accounts opened on or after July 26, 2026 also apply the 45% rule to gross profit; Quick Pay funded accounts have no consistency rule.

News trading

TradeDay bans trading over Tier 1 releases: FOMC minutes and rate decisions, CPI and the jobs report for all products, EIA crude and natural gas reports for energy, and crop reports for grains. Open positions are liquidated 2 minutes before the release, and trading resumes 2 minutes after. Accidental trades are not penalised, but repeated abuse can cost the account.

EAs, copy trading and hedging

Your own automated systems are allowed if they run on NinjaTrader, Tradovate, TradingView, Jigsaw or Quantower. Bots bought from third parties are forbidden, there is no API access, and if several users place identical trades all their accounts can be closed. Copy trading is allowed between your own evaluation and funded sim accounts (up to 10) or across up to 5 live accounts, but not between live and sim. We did not find a specific hedging rule on the pages we checked.

Holding positions and inactivity

You may trade overnight within a session, but every position must be closed 10 minutes before the product's daily close; TradeDay liquidates open positions at 3:50 pm CT. Holding through the close or over a weekend is not allowed. We did not find an inactivity rule. Funded traders also may not trade within 2% of a price limit.

Worked example

A Quick Pay EOD 50K evaluation at the $79 sale price: starting balance $50,000, target $3,000 (pass at $53,000), EOD drawdown $2,000 (starting floor $48,000), no day above 30% of total profit, minimum 5 days.

1. Day 1: +$800. Balance $50,800; floor $48,800.
2. Day 2: +$700. Balance $51,500; floor $49,500.
3. Day 3: −$400. Balance $51,100; floor stays $49,500.
4. Day 4: +$850. Balance $51,950; floor $49,950.
5. Day 5: +$800. Balance $52,750; floor $50,750 if it keeps trailing.
6. Day 6: +$250. Balance $53,000; target reached.

Check: $800 + $700 − $400 + $850 + $800 + $250 = $3,000. The best day, $850, is 28.3% of profit, inside the 30% rule. In the Quick Pay funded sim account, after one profitable day of $1,000 you could request $500 (above the $250 minimum) and receive $250 at the 50/50 split. TradeDay's own example of the blended split: with $6,000 of profit, a $3,000 request pays $1,600 on the first $2,000 at 80% plus $500 on the remaining $1,000 at 50%, or $2,100 in total.

Payouts

Quick Pay funded sim accounts can request after one trading day, with no buffer and a $250 minimum. The split is 50/50 while profit is under $4,000, 80/20 when the payout leaves more than $4,000 in profit, and blended when a payout crosses that level. When gross profit reaches $10,000, the account is reviewed for a move to live, and profit above that level is removed. Fast Pass funded sim accounts need five profitable days per cycle ($100, $150, $200 or $250 minimum per day by size), with each payout limited to 50% of the balance and capped at $750, $1,500, $1,875 or $2,250 for accounts opened on or after July 26, 2026 (older accounts have higher caps). Fast Pass pays 80/20 and live accounts pay 90/10.

Payouts go through Riseworks by bank wire (free in the US, $15 internationally) or crypto ($2.50 plus gas on L1, free on L2). Requests submitted before the 5:30 pm cutoff are processed the next business day. Read our TradeDay payout guide for the full process.

Platforms and instruments

Plan cards list Tradovate and Rithmic connections, and the site shows NinjaTrader, TradingView and Quantower logos; TradeDay's automation policy also names Jigsaw. Evaluation position limits are 2, 5, 10 and 15 contracts by size, with micros capped at 20 on 25K and 50 on the larger sizes. Fast Pass funded accounts start much smaller, at 1 to 4 contracts, adding one contract per $2,000 of end-of-day profit. Fast Pass live accounts are limited to 1 to 4 contracts, and Quick Pay live limits depend on profit carried over.

Who can join

US residents can join, but US territories Guam, Puerto Rico and the US Virgin Islands are on TradeDay's prohibited list, along with countries including Nigeria, Pakistan, the Philippines, South Africa, Turkey, Vietnam, Russia, and EU states Bulgaria, Croatia, Malta, Romania and Slovenia. New users from Ukraine cannot be onboarded. Germany and Canada outside Ontario are limited to funded sim accounts. Funded traders must pass the broker's KYC and AML checks with government ID and proof of address. TradeDay allows one user per household and up to 10 accounts in total. We verified this in TradeDay's help center.

Reputation and trader feedback

In November 2026 TradeDay had a Trustpilot score of 4.6 from 1,454 reviews, with 85% five-star and 6% one-star ratings. Reviewers commonly praise fast payouts, simple rules, pricing, educational content and the choice of drawdown types. Some reviewers report slow or unhelpful support, evaluation accounts closed after cancelling a subscription, higher trading fees than other firms and platform stability issues. Trustpilot shows TradeDay replying to 86% of negative reviews. TradeDay discloses a 36% evaluation pass rate for January to June 2026 and changed its Fast Pass payout caps and consistency rule for accounts opened from July 26, 2026.

Alternatives to TradeDay

• Bulenox: low one-time prices instead of a subscription, with a choice of trailing or EOD drawdown.
• Take Profit Trader: daily withdrawals from the first funded day at 80% once above the buffer.
• My Funded Futures: one-time pricing and a 90% split from the first payout on Rapid.
• Topstep: a long-running firm with fast US payout rails and a 90% split.

See Bulenox vs TradeDay and our guide to the fastest first payout prop firms.

How we verified this review

Checked November 2026. We reviewed tradeday.com and TradeDay's help center articles on evaluation rules, Quick Pay, the Fast Pass and Quick Pay payout policies, live rules, payment methods, news, permitted trading times, automation, multiple accounts and prohibited countries, plus Trustpilot. Unverified or conflicting: the Fast Pass minimum days (3 on plan cards, none in one FAQ), the full platform list, any drawdown lock level and any hedging or inactivity rule. Most traders fail evaluations and fees are at risk; this is not financial advice.

Frequently asked questions

Is TradeDay legit?

TradeDay has operated since 2020, publishes detailed rules in its help center and has a 4.6 Trustpilot score from more than 1,400 reviews.

How fast does TradeDay pay out?

Quick Pay funded accounts can request after one trading day, and requests made before the 5:30 pm cutoff are processed the next business day. Fast Pass needs five profitable days per cycle.

Does TradeDay have an activation fee?

No. You pay only the monthly evaluation fee, and resets cost the same as the current monthly price.

Why is TradeDay's Quick Pay split only 50%?

Quick Pay pays 50/50 while the account holds less than $4,000 profit and 80/20 above that, in exchange for having no payout buffer.

Does TradeDay allow news trading?

No. Positions are liquidated 2 minutes before Tier 1 releases such as CPI, FOMC and the jobs report, and trading resumes 2 minutes after.

Can I use a trading bot at TradeDay?

Only your own automation on supported platforms such as NinjaTrader or TradingView. Third-party purchased bots and direct API connections are not allowed.