TradeDay prop firm offers a unique 1-phase evaluation process, allowing traders to showcase their skills with trading on popular platforms like TradingView, NinjaTrader, and Tradovate.
The firm allows automated trading, and with a variety of instruments, such as Gold, Soybeans, Crude Oil, and Nikkei/USD futures, traders can diversify their portfolios.
The firm’s commission structure rates range from $1 to $4, depending on the asset class.
TradeDay prop firm company overview
TradeDay, a U.S.-based prop firm founded in 2020, offers flexible funded trading accounts from $10,000 to $250,000.
With a simple single-step evaluation and a team boasting 80+ years of experience, TradeDay specializes in futures trading on major exchanges like CME and CBOT.
Traders can use popular platforms such as Tradovate, NinjaTrader, and TradingView, making it an appealing choice for aspiring futures traders.
TradeDay’s specifications summary
TradeDay's unique combination of a single-step evaluation process, high-profit split, and allowance for automated trading systems sets it apart in the competitive world of prop firms.
Account currency | USD |
Minimum price | $80 |
maximum leverage | N/A |
maximum profit split | 90% |
Instruments | Equity Index, Bond, Energy, Metals, Agricultural Contracts |
Assets | Soybean, Gold, Oil, Ultra Bond, Nikkei/USD |
evaluation steps | 1-step |
Trading platform | Tradovate, NinjaTrader, TradingView, Jigsaw |
Withdrawal methods | Crypto, Bank Transfer/Wire Transfer |
maximum fund size | $250,000 |
first profit target | $1,000 |
Max. daily loss | N/A |
Challenge time limit | Not Limited |
news trading | No |
Maximum total drawdown | $4,500 ($250k challenge) |
commission | Ranges from $1 to $4 |
trust pilot score | 4.6 |
payout frequency | Not Limited |
established country | USA |
established year | 2020 |
TradeDay prop firm pros & cons
Let's weigh the advantages and disadvantages of trading with TradeDay:
Pros | Cons |
High-profit split (90% after first $10,000) | Restrictions on news trading |
Single-step evaluation process | Monthly fees for evaluation accounts |
Allows automated trading systems | Limited to futures trading |
Multiple trading platforms available | Stricter evaluation rules compared to some competitors |
Access to major futures exchanges | - |
Supportive trading community | - |
Transparent evaluation and payout process | - |
While TradeDay offers numerous benefits, particularly for futures traders, it's important to consider the restrictions and fees associated with their program.
TradeDay prop firm funding & pricing
TradeDay offers a range of account sizes to suit different trader needs and experience levels. TradeDay’s price:
This pricing structure allows traders to choose an account size that matches their skill level and risk tolerance, while the high-profit split incentivizes consistent performance.
Account Size | Monthly Fee | Monthly Fee with Discount |
$10,000 | $99 | $80 |
$25,000 | $125 | $100 |
$50,000 | $165 | $132 |
$100,000 | $275 | $220 |
$150,000 | $375 | $300 |
$250,000 | $750 | $600 |
TradeDay registration & verification steps
Joining TradeDay as a funded trader is a straightforward process. TradeDay Signup:
- Choose Your Account Size (Select from $10,000 to $250,000 options);
- Visit the TradeDay website and create an account. You'll need to provide basic personal information (Full name, Address, Postal Code, Phone Number, Email);
- Choose an ID for your account;
- Set a password;
- Agree to the terms of service;
- In your Dashboard, complete the identity verification process. (typically a government-issued ID and proof of address).
Remember, TradeDay uses a single-step evaluation process, so once you pass this challenge, you'll be on your way to becoming a funded trader.
The firm emphasizes transparency and support throughout this process, providing clear guidelines and assistance to help you succeed.
TradeDay’s Evaluation steps
TradeDay's evaluation process is designed to identify traders who can consistently generate profits while managing risk effectively. The key steps and requirements:
Account Size | Profit Target | Max Drawdown | Position Limits |
$10,000 | $1,000 | $1000 | 1 contract (10 micros) |
$25,000 | $1,500 | $1,500 | 2 contract (20 micros) |
$50,000 | $2,500 | $2,000 | 5 contract (50 micros) |
$100,000 | $5,000 | $3,000 | 10 contract (50 micros) |
$150,000 | $8,500 | $3,500 | 15 contract (50 micros) |
$250,000 | $12,000 | $4,500 | 25 contract (50 micros) |
Traders who meet these criteria will be offered a funded account with TradeDay, unlocking the opportunity to trade with real capital and benefit from the firm's generous profit-sharing model.
TradeDay’s bonuses and discounts
Although there There are some appealing bonuses and discounts for TradeDay’s traders. TradeDay bonus:
- 20% Discount: Use the code "MATCH" to get 20% off the monthly subscription fee for any evaluation program;
- 14-Day Free Trial: Traders can try out educational resources and the simulated trading platform for free before committing;
- First $10,000 Profit: Keep 100% of your first $10,000 in profits after getting funded.
These benefits help reduce costs and increase earning potential for traders.
What instruments & symbols can I trade on TradeDay?
TradeDay specializes in futures trading, offering access to various instruments across major exchanges. TradeDay’s tradable assets:
Asset Class | Contract Name | Contract Code | Tick Size | Data Feed |
Equity Index Futures | E-mini S&P 500 Futures | ES | $12.50 | CME |
Micro E-mini S&P 500 Index Futures | MES | $1.25 | CME | |
E-mini Nasdaq-100 Futures | NQ | $5.00 | CME | |
Micro E-mini Nasdaq-100 Index Futures | MNQ | $0.50 | CME | |
E-mini Russell 2000 Index Futures | RTY | $5.00 | CME | |
Micro E-mini Russell 2000 Index Futures | M2K | $0.50 | CME | |
E-mini Dow ($5) Futures | YM | $5.00 | CBOT | |
Micro E-mini Dow Jones Industrial Average Futures | MYM | $0.50 | CBOT | |
FX Futures | Australian Dollar Futures | 6A | $5.00 | CME |
British Pound Futures | 6B | $6.25 | CME | |
Euro FX Futures | 6E | $6.25 | CME | |
Micro Euro FX Futures | M6E | $1.25 | CME | |
Bond Futures | 2-Year T-Note Futures | ZT | $7.81 | CBOT |
10-Year T-Note Futures | ZN | $15.63 | CBOT | |
Energy Futures | Crude Oil Futures | CL | $10.00 | NYMEX |
Micro Crude Oil | MCL | $1.00 | NYMEX | |
Metals Futures | Gold Futures | GC | $10.00 | COMEX |
Micro Gold Futures | MGC | $1.00 | COMEX | |
Agricultural Futures | Corn Futures | ZC | $12.50 | CBOT |
Soybean Futures | ZS | $12.50 | CBOT |
This diverse range of instruments allows traders to capitalize on opportunities across various sectors and implement diverse trading strategies.
TradeDay payment methods
TradeDay offers flexible and secure payment options for both account funding and profit withdrawals. TradeDay’s payment methods:
Transaction Type | Available Methods | Minimum deposit/withdrawal |
Account Funding | Credit/Debit Cards, PayPal | $80 |
Profit Withdrawals | Bank Transfer/Wire Transfer, Crypto | $250 |
Key points to note:
- Minimum withdrawal amount: $250;
- No restrictions on withdrawal frequency;
- Payouts are usually processed within one business day.
TradeDay prioritizes the security and efficiency of financial transactions. They employ industry-standard encryption and security measures to protect traders' financial information.
TradeDay prop firm commission & costs
Understanding the commission structure and costs associated with trading at TradeDay is crucial for managing your trading capital effectively. TradeDay’s commissions:
Asset Class | Contract | Code | Commission |
Equity Index Futures Contracts | E-mini S&P 500 Futures | ES | $2.34 |
Micro E-mini S&P 500 Index Futures | MES | $0.77 | |
E-mini Nasdaq-100 Futures | NQ | $2.34 | |
Micro E-mini Nasdaq-100 Index Futures | MNQ | $0.77 | |
E-mini Russell 2000 Index Futures | RTY | $2.34 | |
Micro E-mini Russell 2000 Index Futures | M2K | $0.77 | |
Nikkei/USD Futures | NKD | $3.11 | |
E-mini Dow ($5) Futures | YM | $2.34 | |
Micro E-mini Dow Jones Industrial Average | MYM | $0.77 | |
Australian Dollar Futures | 6A | $2.56 | |
British Pound Futures | 6B | $2.56 | |
Canadian Dollar Futures | 6C | $2.56 | |
Euro FX Futures | 6E | $2.56 | |
Micro Euro FX Futures | M6E | $0.66 | |
Japanese Yen Futures | 6J | $2.56 | |
Swiss Franc Futures | 6S | $2.56 | |
New Zealand Dollar Futures | 6N | $2.56 | |
Bond Futures Contracts | 2-Year T-Note Futures | ZT | $1.61 |
5-Year T-Note Futures | ZF | $1.61 | |
10-Year T-Note Futures | ZN | $1.76 | |
U.S. Treasury Bond Futures | ZB | $1.83 | |
Ultra Bond Futures | UB | $1.91 | |
Ultra Note Futures | TN | $1.76 | |
Energy Futures Contracts | Crude Oil Futures | CL | $2.46 |
Micro Crude Oil | MCL | $0.92 | |
E-mini Crude Oil Futures | QM | $2.16 | |
E-mini Natural Gas Futures | QG | $1.46 | |
Henry Hub Natural Gas Futures | NG | $2.56 | |
Metals Futures Contracts | Platinum Futures | PL | $2.56 |
Copper Futures | HG | $2.56 | |
Gold Futures | GC | $2.56 | |
Micro Gold Futures | MGC | $0.92 | |
Silver | SI | $2.56 | |
Micro Silver | SIL | $1.42 | |
Agricultural Futures Contracts | Lean Hog Futures | HE | $3.06 |
Live Cattle Futures | LE | $3.06 | |
Soybean Futures | ZS | $3.06 | |
Corn Futures | ZC | $3.06 | |
Soybean Oil Futures | ZL | $3.06 | |
Soybean Meal Futures | ZM | $3.06 | |
Chicago SRW Wheat Futures | ZW | $3.06 |
Does TradeDay offer vast educational resources?
TradeDay's Knowledge Base offers a comprehensive collection of articles, providing answers to all your TradeDay-related questions.
It covers various topics to help traders learn best practices and strategies, making it a valuable resource for enhancing trading skills.
If you can't find the information you need, TradeDay encourages you to submit a support ticket for further assistance. Needless to say that the firm’s educational resources are far limited compared the rivals.
TradeDay Trust scores on Trustpilot
TradeDay, a proprietary trading firm, holds a high trust score of 4.6 on Trustpilot, reflecting its strong reputation among users.
The firm offers a unique evaluation program tailored to futures traders, focusing on consistent profitability and risk management.
With flexible trading plans, simulated environments, and no requirement for traders to risk personal capital, it is seen as an accessible platform.
The positive reviews also highlight TradeDay's supportive community and educational resources for traders aiming to improve their skills.
TradeDay prop firm customer support
TradeDay prop firm offers robust customer support to ensure that traders have a seamless experience.
Their customer support is accessible through various channels, including live chat and a ticketing system, allowing clients to receive prompt assistance. TradeDay support options:
- Live Chat: Instant support for immediate inquiries, available during business hours for real-time assistance;
- Ticket System: A structured method for submitting questions or issues that require detailed attention, ensuring that all inquiries are tracked and addressed efficiently;
- Email: support@tradeday.com; 24 hours, 7 days a week;
- Phone call (sales): +1 (872) 222 7850 Mon-Fri 9 am - 4 pm CT.
By providing these channels, TradeDay aims to enhance user satisfaction and ensure that traders can resolve their issues quickly and effectively.
TradeDay social media channels
TradeDay prop firm maintains an active presence across various social media platforms. According to the image you shared, they have profiles on:
- Facebook;
- Instagram;
- X;
- LinkedIn.
You can connect with them on these channels to keep up with their latest news and updates.
Expert suggestions
TradeDay's $4,500 drawdown limit for the $250k challenge makes it an attractive option for traders seeking large capital with manageable risk.
The ability to receive payouts via multiple methods, such as crypto or bank transfers, adds another layer of convenience for traders.
The firm also stands out for its 4.6 Trustpilot score, a testament to its reliability and trader satisfaction.
