TradeDay Launches Three New $25K Account Options in Quick Pay and Fast Pass Programs

TradeDay has expanded its product range with the introduction of three new $25K account options. These additions are integrated into the Quick Pay and Fast Pass ranges, offering different drawdown structures and consistency rules to suit various risk profiles.

New Evaluation Account Specifications

The new options feature the following technical specifications during the evaluation phase:

• Quick Pay Intraday ($100/month): $1,500 profit target, $1,000 intraday trailing drawdown, 30% consistency rule, and a five-day trading minimum.
• Quick Pay End of Day ($120/month): $1,500 profit target, $1,000 end-of-day (EOD) trailing drawdown, 30% consistency, and five minimum trading days.
• Fast Pass End of Day ($130/month): $1,500 profit target, $1,000 EOD trailing drawdown, 45% consistency rule, and a reduced minimum evaluation period of three days.

All these accounts maintain a position limit of two standard contracts or 20 micro contracts during the evaluation.

Payout Conditions and Funded Accounts

Rules for funded accounts differ significantly between the two programs. Quick Pay funded accounts do not require an activation fee or a payout buffer, allowing traders to request withdrawals from the first profitable day, provided a $250 minimum is met.

In contrast, Fast Pass funded accounts require the trader to complete at least five trading days with minimum profits of $100 each. Additionally, this program establishes a maximum payout limit of $750 per payment cycle.