The Trading Pit Futures is generally more cost-effective for high-volume traders due to its significantly lower commissions and one-time fee structure, whereas TradeDay offers a lower barrier to entry for those who can pass quickly, though its monthly subscription model penalizes slower traders.
Entry price
The financial commitment starts with the purchase of the evaluation. The Trading Pit Futures uses a one-time fee model, while TradeDay operates on a monthly subscription basis, which acts as a "time tax."
- $50,000 account: The Trading Pit Futures costs $99 (one-time). TradeDay costs $62 (Quick Pay) or $85 (Fast Pass) per month.
- $100,000 account: The Trading Pit Futures costs $189 (one-time). TradeDay costs $115 (Quick Pay) or $149 (Fast Pass) per month.
- $150,000 account: The Trading Pit Futures costs $289 (one-time). TradeDay costs $175 (Quick Pay) or $225 (Fast Pass) per month.
For TradeDay, if you take more than two months to pass, the cost already exceeds The Trading Pit Futures. Additionally, The Trading Pit Futures limits the evaluation to 30 days, forcing a reset if not completed, while TradeDay allows unlimited time as long as you keep paying the subscription.
What you pay while trading
The "hidden" cost of every click is much higher at TradeDay. Over hundreds of trades, this difference can evaporate your profit buffer.
- Commissions (Standard Contracts): The Trading Pit Futures charges $0.50 per side (typical total cost $2.12-$2.67 including fees). TradeDay charges $2.38 per side for Equity Indexes.
- Commissions (Micros): The Trading Pit Futures charges $0.20 per side (total $0.56-$0.92). TradeDay charges $0.81 per side.
- Market Data: Both firms provide Level 1 data for free. However, for Level 2 (Depth of Market), The Trading Pit Futures charges between $16 and $41 per month, while TradeDay charges a flat $49 per month for the full package.
What mistakes cost you
A mistake that breaches a rule has a direct price tag: the cost of a reset.
- Reset Cost: At The Trading Pit Futures, a reset for a $100K account costs $149. At TradeDay, it ranges from $110 to $140 depending on the plan.
- The "Inactivity" Cost: The Trading Pit Futures has a strict 21-day inactivity rule. Forgetting to trade means losing the entire account value. TradeDay does not have an inactivity fee, though the broker may archive the account after 30 days.
- Drawdown Type: Both firms use a Trailing Drawdown. However, TradeDay allows you to choose an "End of Day" version in some plans, which is "cheaper" in terms of risk because it doesn't penalize you for unrealized profits during the day, unlike the "Intraday" version which can blow an account on a single retracement.
What it costs to get paid
Getting your money out also involves costs, either in fees or in "time" requirements.
- Activation Fees: Both The Trading Pit Futures (for Prime accounts) and TradeDay (2.0 model) currently charge $0 for activation, which is a significant saving compared to other competitors.
- Withdrawal Minimums: The Trading Pit Futures has a lower threshold of $100, whereas TradeDay requires at least $250.
- The "Buffer" Cost: The Trading Pit Futures requires you to have 5 winning days of at least $200 each before the first withdrawal. This is a "time cost" that prevents immediate access to profits. TradeDay Quick Pay allows day-one payouts with no buffer, though Fast Pass requires 5 profitable days.
- Payout Fees: TradeDay is cheaper for US residents (Free wires), but international traders pay $15 per withdrawal. The Trading Pit Futures does not specify a payout fee but uses Rise and Crypto, which carry their own transaction costs.
Where each one hides its cost
The Trading Pit Futures hides its cost in the 40% consistency rule. If you have one exceptionally good day, you cannot simply stop; the excess profit is added to your target, forcing you to trade more and risk your balance for longer. They also cap withdrawals at 50% of your profit buffer up to certain amounts (e.g., $3,500 for a $100K account), meaning you can't withdraw your full balance at once.
TradeDay hides its cost in the monthly subscription and the higher commissions. A scalper making 20 trades a day will pay roughly $40 more per day in commissions at TradeDay than at The Trading Pit Futures. Over a month, that is an extra $800 in costs.
Cheapest for whom
- The Trading Pit Futures is the cheapest option for high-frequency traders and scalpers who need low commissions, and for patient traders who don't want the pressure of a monthly subscription.
- TradeDay is the cheapest for swing traders or those who trade infrequently (where commissions matter less) and are confident they can pass the evaluation in under 30 days to take advantage of the lower initial monthly fee.
Frequently asked questions
Which firm is cheaper to start an evaluation, The Trading Pit Futures or TradeDay?
TradeDay is cheaper for the initial purchase, with prices starting at $62 for a $50K account, compared to the $99 charged by The Trading Pit Futures. However, because TradeDay is a monthly subscription, it becomes more expensive than The Trading Pit Futures if you do not pass the evaluation within the first month or two.
Between The Trading Pit Futures and TradeDay, which has lower trading commissions?
The Trading Pit Futures has significantly lower commissions, charging only $0.50 per side for standard contracts and $0.20 for micros. In contrast, TradeDay charges $2.38 per side for standard equity index contracts and $0.81 for micros. This makes The Trading Pit Futures much more economical for active traders who place many orders.
Does The Trading Pit Futures or TradeDay offer a better deal on market data?
Both firms provide Level 1 data for free. For Level 2 data, The Trading Pit Futures offers more flexibility with packages starting at $16 per month, while TradeDay charges a flat $49 per month. Therefore, The Trading Pit Futures is generally cheaper for traders who only need specific data feeds.
Which firm allows you to withdraw profits sooner, The Trading Pit Futures or TradeDay?
TradeDay allows for faster withdrawals through its Quick Pay model, which offers day-one payouts with no profit buffer required. The Trading Pit Futures is slower, as it requires a minimum of 5 winning days where you must earn at least $200 per day before you are eligible for your first payout.





















