📋 In This Review
📊 Firm Overview
Updated Jul 2026Account Sizes
$50K – $150K
Min Eval Fee
$62 (one-time)
CEO / Founder
James Thorpe & Steve Miley
Profit Split
50–90%
Payout Time
24 Hours
DD Type
Trailing (Intraday)
Markets
Futures (CME Group)
News Trading
Restricted
Overnight Hold
No
Scaling
Not disclosed
Exclusive Discount
TDNEW
50% off all evaluation accounts
🔬 SPR Intelligence Analysis
Proprietary MetricsDifficulty Score Based on profit target, drawdown type, min days and restrictions. 10 = extremely hard to pass.
5.8/10
Average difficulty — trailing (intraday) drawdown
Value Score Lower = better value. Industry average ~$7.00 per $1K.
$1.24 per $1K funded
$62 (one-time)
vs ~$7.00 avg across all tracked firms
Best Trader Profile Trading styles most likely to succeed given this firm's specific rule set and drawdown type.
Day Trader
Scalper
Intraday Futures Trader
TradeDay suits disciplined intraday futures traders comfortable with CME contracts and monthly billing, not swing traders or metals specialists.
📰 Firm Updates & News
Live Feed2026-05-29
TradeDay 2.0 officially launched — nine-account grid replaced by two routes: Quick Pay and Fast Pass Platform
2026-05-29
Activation fee eliminated entirely; funded transition now free across all account sizes Rule
2026-02-28
TradeDayX retired after ProjectX went exclusive to Topstep; TradeDay rebuilt its evaluation platform on a Tradovate-based stack Platform
2026-02-11
Full-size Gold, Silver, Copper, and Platinum trading restricted across all account types Rule
2026-01-20
Official prohibited countries list updated on TradeDay's compliance page Alert
🛡️ Is TradeDay Legitimate?
✓ Legitimate
Registered In
United States (Illinois)
Operating Since
2020
Reported Payouts
$10M+ verified
Regulation
Prop Model
⚠ Red Flags to Know
50+ countries banned — confirm eligibility first
Metals trading restricted since Feb 2026
Monthly subscription — cost compounds if eval isn't passed quickly
News trading restricted; exact time window not officially disclosed
📋 Challenge Rules
1️⃣ 1-step
🧮 Challenge Fee Calculator
Select account size to see full cost breakdown:
✅ Pros & Cons
✅ Pros
Day-one payouts on Quick Pay accounts
No daily loss limit — only trailing max drawdown
Choice of Intraday or End-of-Day drawdown calculation
Institutional founder pedigree (Merrill Lynch, Credit Suisse)
$10M+ in verified payouts since 2020
Currently 50% off — lowest pricing in firm history
❌ Cons
Pakistan and 50+ other countries fully restricted
Monthly subscription cost compounds if eval takes time
Full-size metals (gold, silver, copper, platinum) banned since Feb 2026
Only 3 account sizes after 2026 lineup cut ($50K–$150K)
News trading restricted around high-impact releases
🎯 Who Is This Firm For?
✅ Ideal For
Day traders and scalpers trading CME futures
Traders wanting no-buffer, day-one payouts
Traders who want a choice of drawdown calculation
❌ Not Ideal For
Traders based in Pakistan or other restricted countries
Swing traders needing multi-day or weekend holds
Gold, silver, or metals-focused traders
⚖️ Our Verdict
★★★★☆ 4.3/5
TradeDay has built a credible six-year track record in the futures prop space, backed by founders with genuine institutional pedigree and over $10 million in disclosed payouts. The single-step evaluation, no daily loss limit, and day-one payout structure make it approachable for disciplined intraday traders. However, the February 2026 metals restriction, unclear overnight/weekend rules, and one of the industry's longest restricted-country lists — which excludes Pakistan entirely — mean this firm isn't accessible or suitable for every trader. For CME futures day traders in eligible countries, TradeDay remains a solid, transparent choice.
✓ Recommended for Day Trader, Scalper, Intraday Futures Trader
❓ Frequently Asked Questions
Nothing changes. Existing evaluations and funded accounts are grandfathered on their original rules. The Quick Pay/Fast Pass structure only applies to new purchases made after May 29, 2026.
Below $4,000 net profit you're on a 50/50 split; above it, 80/20. If you're near the line, it's usually worth trading a bit further to clear $4,000 before requesting, since the split resets per account rather than tracking lifetime withdrawals.
It's trailing, not fixed — the $2,000/$3,000/$4,500 drawdown floor rises with your peak balance until it locks at the starting balance. It never resets downward once locked, but it does tighten as you profit, so a big open gain still needs risk management behind it.
This needs direct confirmation from TradeDay's Prohibited Trade Practices page before you commit — automation policies vary by firm and change often, and getting this wrong risks the account. I'd rather point you to verify this live than give you a stale answer.
Yes, contract limits are hard caps tied to account size (5 contracts on $50K, 10 on $100K, 15 on $150K for Quick Pay), and Fast Pass funded accounts start even lower and scale up only as profit grows — so a strategy built around larger size upfront needs the bigger account tier, not just a higher profit target.
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