Looking for a prop trading firm that can actually change your trading game?
TradeDay might be the answer you’ve been searching for.
Unlike most firms out there, TradeDay focuses exclusively on futures trading.
The big appeal? You get to play with serious capital without putting your own money on the line.
I stumbled across TradeDay while researching options for futures traders who want to scale up without personal financial risk.
In this guide, I’m diving into what makes them different, whether they’re actually legit, how much it’ll cost you to get started, and more.
TradeDay Review – What is TradeDay?
TradeDay is a funded trading firm designed for futures traders.
It was created by experienced traders and industry professionals to offer a realistic, structured approach to proprietary trading.
Instead of requiring traders to risk their own money, TradeDay provides capital to skilled traders who pass their evaluation program.
This means any trader with the right skills can trade without worrying about personal losses.
What Makes TradeDay Unique?
- Focus on futures trading, making it ideal for traders looking to capitalize on market volatility.
- A structured evaluation, ensures only profitable and disciplined traders get funded.
- Strong risk management rules, helping traders maintain consistency and long-term success.
TradeDay Key Features
TradeDay stands out in the competitive prop trading landscape with several distinctive features tailored to serious futures traders:
Comprehensive Evaluation Process
TradeDay’s assessment phase is designed to identify truly skilled traders rather than setting them up to fail. Traders must demonstrate consistent profitability while adhering to risk parameters over a specific period.
Unlike many competitors, TradeDay’s evaluation metrics focus on overall performance rather than tripping traders up with overly restrictive daily limits.
Flexible Account Sizing Options
The firm offers remarkably flexible funding options ranging from $25,000 to $200,000 accounts, with the potential to scale up to $400,000 for consistently successful traders.
Each tier comes with proportional profit targets that remain realistic regardless of account size.
Generous Profit-Sharing Structure
TradeDay’s profit split begins at 70/30 (trader/firm) and can increase to 80/20 for traders demonstrating exceptional performance over time.
This progressive structure incentivizes long-term relationships rather than quick profits.
Monthly payouts are processed without unnecessary holding periods once minimum profit thresholds are reached.
Balanced Risk Management Framework
Their risk parameters strike an effective balance between protection and trading freedom.
The maximum drawdown limit of 8% provides reasonable cushion for normal market volatility, while the daily loss limit of 4% prevents catastrophic single-day losses.
These parameters are designed based on actual market behavior rather than arbitrary restrictions.
Efficient Withdrawal System
Profits can be withdrawn biweekly with processing times averaging just 3-5 business days – significantly faster than industry standards.
TradeDay supports multiple payout methods including bank transfers, cryptocurrency, and payment processors like PayPal and Wise, accommodating traders globally.
Advanced Platform Integration
Beyond basic platform compatibility, TradeDay offers seamless integration with professional trading platforms including NinjaTrader 8, Tradovate, and Sierra Chart.
Their custom-developed trade management dashboard provides real-time metrics on performance, risk utilization, and profit targets, giving traders comprehensive visibility into their progress.
Educational Resources
TradeDay maintains an extensive knowledge base covering platform setup, risk management strategies, and trading techniques specifically optimized for their funding model.
Their weekly market analysis webinars and trader community forums further support continuous improvement for their funded traders.
Is TradeDay Legit?
Absolutely. After diving deep into TradeDay’s operations and speaking with several active traders on their platform, it’s clear they’re the real deal.
What stands out most is their transparency.
Unlike some prop firms that hide behind flashy marketing, TradeDay puts everything on the table – their rules, payout structure, and even their limitations.
Their support team actually responds (usually within hours, not days), and they’ve consistently paid out traders who’ve met their targets.
Many traders approach prop firms with healthy skepticism – the industry is unfortunately full of schemes that promise the moon but deliver nothing.
TradeDay stands apart because they’ve built their business model around trader success, not failure.
Their withdrawal process is straightforward, with traders reporting payouts arriving like clockwork.
The evidence speaks for itself. Trading community forums are filled with success stories from TradeDay traders who’ve scaled from small accounts to managing significant capital in months, not years.
While no prop firm is perfect, TradeDay has earned its reputation as a legitimate pathway for serious futures traders looking to level up.
TradeDay Pricing and Plans
A clear and fair pricing structure is essential when choosing a prop firm, and TradeDay delivers just that.
Instead of hidden fees or confusing tiers, TradeDay offers straightforward pricing based on account size and trader preferences.
The evaluation fee ensures that traders are serious about the program while providing a realistic path to funding success.
Evaluation Fees
To participate in TradeDay’s funding challenge, traders pay a one-time evaluation fee.
- $25,000 Account: $249 evaluation fee
- $50,000 Account: $349 evaluation fee
- $100,000 Account: $549 evaluation fee
- $150,000 Account: $699 evaluation fee
- $200,000 Account: $849 evaluation fee
This fee grants access to the evaluation phase, where traders can prove their skills and qualify for a funded account.
Profit Splits
TradeDay rewards skilled traders by offering a high percentage of profit retention.
Traders keep a large share of their earnings, ensuring that their efforts translate into real financial growth. Also, the firm benefits when traders succeed, making it a mutually beneficial model.
Competitive Pricing
Compared to other proprietary trading firms, TradeDay stands out for its fair and accessible pricing.
There are no hidden charges or surprise fees – everything is clearly outlined from the start. You need to pay a one-time setup fee: $49 (waived for accounts $100K and above)
Traders can select an account size that matches their experience level, ensuring maximum flexibility.
How to Use TradeDay
Getting started with TradeDay is simple and straightforward.
The firm eliminates unnecessary obstacles, allowing traders to focus on proving their skills and accessing real capital.
1. Sign Up & Choose an Evaluation Program
- Visit the TradeDay website and create an account.
- Select the evaluation program that matches your trading strategy and preferred account size.
2. Complete the Evaluation
- TradeDay requires traders to demonstrate profitability while following risk management rules.
- Meet the profit target without violating the daily loss and drawdown limits.
3. Get Funded
- Once the evaluation is successfully completed, traders receive a funded account with real capital.
- At this stage, traders can start trading futures with TradeDay’s resources.
4. Trade & Earn
- TradeDay allows traders to earn and withdraw profits according to its clear payout structure.
- With no unnecessary delays, traders can focus on scaling their strategies and maximizing their earnings.
Pros and Cons of TradeDay
Every proprietary trading firm has its strengths and challenges, and TradeDay is no exception.
While it offers a fair evaluation process, high-profit splits, and fast withdrawals, traders must also prove their skills and follow strict risk management rules.
Here’s a closer look at what makes TradeDay a great choice and what traders should keep in mind before joining.
Pros
- Structured evaluation ensures that only skilled traders get funded, creating a fair and rewarding system.
- High profit splits, allow traders to keep a significant portion of their earnings.
- Multiple account sizes, giving traders flexibility based on their experience level and risk preference.
- Fast withdrawals, ensuring traders receive their profits without long waiting periods.
Supports various trading platforms, allowing for seamless trade execution.
Cons
- Evaluation is required, meaning traders must prove their skills before accessing capital.
- Strict risk management rules, require traders to follow drawdown and daily loss limits to maintain their funded status.
Frequently Asked Questions
How Long Does the TradeDay Evaluation Take?
There’s no set time limit – traders can complete the evaluation at their own pace.
Profitable traders who meet the requirements can get funded quickly.
Can I Trade Different Account Sizes?
Yes! TradeDay offers multiple account sizes, allowing traders to choose the best fit and even scale up over time.
What Markets Can I Trade?
TradeDay specializes in futures trading, offering access to indices, commodities, and forex futures, ideal for traders looking for high liquidity.
Does TradeDay Provide Customer Support?
Yes! TradeDay offers responsive support via live chat, email, and phone, ensuring traders get quick help when needed.
Conclusion
This review of TradeDay highlights why it’s a top prop firm for futures traders.
With instant funding upon evaluation completion, high-profit splits, and strong trader support, it’s an ideal choice for those looking to trade with real capital.
For traders wanting a fair and structured path to funding, TradeDay delivers a transparent and rewarding experience.
With clear rules, fast withdrawals, and a focus on futures trading, it stands out as a top proprietary trading firm.
If you’re ready to take your trading career to the next level, TradeDay is worth exploring.