TradeDay has implemented significant changes to its Fast Pass accounts, specifically affecting the Funded Sim stage. These updates introduce new payout limits and an adjusted consistency rule for new users.
New Funded Sim Conditions
Moving forward, new accounts reaching the Funded Sim stage must adhere to a 45% consistency rule. Additionally, maximum payout request limits have been established based on account size:
- 50K Accounts: Maximum payout of $1,500.
- 100K Accounts: Maximum payout of $1,875.
- 150K Accounts: Maximum payout of $2,250.
Impact on Current Users and Evaluations
The firm has detailed how these measures will be applied to traders already operating with the platform:
Existing Accounts
Existing active evaluations and Funded Sim accounts will remain under their previous rules, meaning they will not be affected by the new consistency restrictions or payout limits.
Subscriptions and Resets
- Subscriptions not currently in the evaluation phase will be cancelled.
- Failed active evaluations can no longer be reset.
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