Futures firms comparator

Suite 302, 2 Pembroke Street Upper, Dublin, Dublin 2, Ireland

2nd Floor, 412 S. Wells, Chicago, Illinois 60607, United States

Peter Brown, David Bhidey

James Thorpe

Ireland

United States

2024

2020

• US Wire Transfer: Free
• International Wire Transfer: $15/withdrawal
• Crypto L1: $2.5/withdrawal + estimated gas fees
• Crypto L2: Free

Funded Live Access
Up to 5 active Funded Live accounts per trader.
90% profit split on Funded Live.
Clear position scaling rules and structured account transition.

No Activation Fee
TradeDay 2.0 removes the activation fee that existed in the previous model.

• Standard and Expert: Every 14 calendar days from first trade on funded account. Minimum $100.
• Straight to Sim Live: Every 14 calendar days. Minimum 3% of account balance ($450 on $15K, $900 on $30K, $1,800 on $60K, $2,400 on $80K).

Day-one payouts on Quick Pay (no buffer). Requests submitted before 17:30 CT processed within 24 hours on business days. No frequency limit.

Standard and Expert

• $50,000 Account → $5,000
• $100,000 Account → $10,000
• $150,000 Account → $15,000

Straight to Live Sim

• $15K → $3,000
• $30K → $6,000
• $60K → $12,000
• $80K → $15,000

Withdrawals Structure

Withdrawals follow a tier-based structure, where the percentage of profits available for withdrawal increases with each payout:

• Payout 1 → 60% of the total profits (On Standrad and Expert only profits above the buffer count)
• Payout 2 → 70%
• Payout 3 → 80%
• Payout 4 → 90%
• Payout 5 and onwards → 100%

Fast Pass Funded Sim maximum per request: $1,500 (50K), $1,875 (100K), $2,250 (150K).

• Standard and Expert: $100
• Straight to Live Sim: 3% of balance

$250 minimum per payout request.

Link

Only available for evaluation accounts

Available on current plans. See challenges for reset price.

Profit Split Increase (+10%)

• Standard: 80% to 90%
• Expert and Direct to Sim Live: 90% to 100%

Remove Daily Drawdown (+10%)

• Only available for Expert account

EOD (End of Day Balance)

Two drawdown types available, both Trailing Maximum Drawdown:

Intraday TMD
Calculated in real time from unrealized profits during the session.

End of Day TMD
Calculated from realized profits at end of day (16:00 CT close). Follows account growth until frozen at the initial balance.

Funded Sim drawdown type matches the evaluation type purchased.

Standard and Expert Accounts
Tier-based withdrawal structure:

• Payout 1: 60% of amount above buffer zone
• Payout 2: 70%
• Payout 3: 80%
• Payout 4: 90%
• Payout 5+: 100%

Straight to Sim Live

• Base split: 90% trader / 10% firm
• 100% available with checkout add-on
• Same tier-based withdrawal (60→100% per payout)

Quick Pay Funded Sim

• 80% trader / 20% TradeDay above $4,000 gross profit
• 50% trader / 50% TradeDay below $4,000 gross profit
• Split evaluated per account

Fast Pass Funded Sim

• 80% trader / 20% TradeDay

Funded Live

• 90% trader / 10% TradeDay

In all accounts

5 active accounts across the Evaluation and Funded stages combined, and one Sim Live account

Up to 10 Evaluation accounts and 5 Funded Sim accounts simultaneously per trader. Up to 5 active Funded Live accounts per trader. Multiple Funded Sim accounts allowed. Single-member US LLC allowed. Multi-member LLC, S-corps and C-corps not allowed.

Standard Accounts

• $50,000 Account → $500
• $100,000 Account → $1,000
• $150,000 Account → $1,500

Expert Accounts

• $50,000 Account → $1,000
• $100,000 Account → $1,500
• $150,000 Account → $2,000

Unlimited

• Standard evaluation phase: 4 days to pass
• Expert evaluation phase: 3 days to pass

• Quick Pay: 5 trading days minimum (non-consecutive).
• Fast Pass: no minimum trading days.

Lifetime activation fee

No activation fee on TradeDay 2.0.

Fast Pass Funded Sim: 5 profitable days per payout; $150/$200/$250 minimum daily profit on 50K/100K/150K.

Fast Pass Funded Sim starts at 2/3/4 contracts for 50K/100K/150K, then adds one contract per $2,000 of EOD profit. Quick Pay limits are fixed by account size.

Montly fee

Monthly subscription. See challenges for current list prices and promotions for active discounts.

Allowed if using supported platforms: NinjaTrader, Tradovate, Tradingview, Jigsaw, Quantower. TradeDay does NOT expose Tradovate API. Own systems allowed (NOT purchased from third parties). If multiple users make same trades: All accounts closed.

Micro scalping not allow (trades executed within seconds to under a minute, targeting small profits, typically less than 3 points.

Scalping allowed EXCEPT: High-frequency ATS, >200 trades per day, trades in few seconds for 1-2 ticks, playing with sim matching engine.

Copy trading allowed but NOT enabled by default. Requires submission of a request for review and approval (case-by-case basis). Documentation needed: HTML trading history of master account with 3+ months history, displaying client's own name. Only permitted between accounts owned by the same user.

Allowed from a trader's own account into their TradeDay account, and between two of the trader's own TradeDay Funded Sim accounts. NOT allowed between Funded Live and Funded Sim, and NOT allowed between two different users. Compatible third-party tools: Tradesyncer (TDTC), Flowbots (tradeday), Expert Trading Programmers (TradeDay25OFF).

No inactivity rule. Funded accounts will NOT be closed for inactivity. Accounts remain active as long as trading parameters are respected.

TradeDay does not charge inactivity fees. However, Tradovate archives the account after 1 month without login.

• Standard: 30% consistency rule (applies to both Challenge and Funded stages)
• Expert: 40% consistency rule (applies to Funded stage only)
• Straight to Sim Live: 20% consistency rule

Quick Pay: 30% consistency in evaluation. Fast Pass: 45% consistency in evaluation and Funded Sim. Funded Live has no consistency rule.

• All or Nothing Approach: max leverage on single position using loss limits as stop-loss
• Tick or Micro Scalping: trades with <10 ticks movement
• Exploiting Favorable Fills (no slippage exploitation, tight brackets)
• Account Rolling
• Reverse Trading (opposite positions on separate accounts)
• Manipulating Gaps and Illiquid Markets
• Group Trading
• Account Management (third-party trading on your behalf)
• Latency Arbitrage

• Using bots/ATS purchased from third parties
• Systems generating >200 trades in a day
• Strategies trading in few seconds to capture only a few ticks
• Attempting to capture queue position advantage by playing with sim engine
• Spoofing and layering (per CME Group rules)
• Order splitting (multiple limit orders at same price simultaneously)
• Trading in illiquid markets to benefit from missed fills
• Exploiting lack of slippage in simulation (e.g., bracket orders in data releases)
• Trading outside best bid/offer
• Using external or slow data feed
• High-frequency trading or short-term trading
• Simultaneous opposite positions between accounts
• Multiple registrations with different names/emails
• Using VPN or VPS to mask location
• Hedging: Prohibited (trading long in one account and short in another for same product)
• Trading within 2% of price limit (Funded Live only, loss of account)
• Microscalping (positions held <5-10 seconds dominating profit)
• Trading Tier 1 news/data releases (2 min before/after, auto-liquidation)