TradeDay Review 2026
A reliable prop trading firm for consistent traders.
the bottom line.
A top-tier firm with competitive conditions for disciplined traders. Excellent tracking record and scaling options.
Experienced traders seeking large capital and reliable payouts.
Beginners looking for zero-restriction evaluations.
TradeDay: The Institutional Path
TradeDay distinguishes itself by offering what it calls "direct institutional funding." Based in the USA and UK, they provide a very professional, non-gamified experience that appeals to traders who want to be treated like professionals. They offer a high level of educational support and mentorship, aiming to build a core group of long-term profitable traders rather than just selling evaluations.
Challenge Structure
Phase 1
Evaluation
Prove your trading skills by hitting the initial profit target while respecting the 3% daily drawdown.
Phase 2
Verification
A secondary test to confirm your consistency. You must complete at least 10 trading days.
Funded
Live Account
Trade with real capital and keep up to 90% of your profits.
Trading Rules & Parameters
Max Daily Drawdown
Maximum loss allowed in a single day.
3%
Max Total Drawdown
Maximum overall loss allowed on the account.
6%
Minimum Trading Days
Minimum active days required before passing.
10 days
News Trading
Trading during high-impact news events.
Allowed
Weekend Holding
Keeping trades open over the weekend.
Restricted
EA / Algorithmic Trading
Using automated trading robots or scripts.
Allowed
| Rule Name | Value | Trader Impact |
|---|---|---|
Max Daily Drawdown Maximum loss allowed in a single day. | 3% | Standard |
Max Total Drawdown Maximum overall loss allowed on the account. | 6% | Standard |
Minimum Trading Days Minimum active days required before passing. | 10 days | Restrictive |
News Trading Trading during high-impact news events. | Allowed | Friendly |
Weekend Holding Keeping trades open over the weekend. | Restricted | Restrictive |
EA / Algorithmic Trading Using automated trading robots or scripts. | Allowed | Friendly |
Payouts & Profit Split
Pros & Cons
The Good
- Direct institutional funding model
- 90% profit split for all traders
- High focus on education and mentorship
- Professional-grade multi-platform support
- Solid regulatory environment for the parent entity
The Bad
- Evaluation targets can be higher than competitors
- Focus is strictly on CME/futures markets
Who Is TradeDay Best For?
Compare TradeDay vs Other Top Firms
Frequently Asked Questions
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