Futures prop firm review
TradeDay review
TradeDay is a futures-focused evaluation firm that runs a one-step evaluation with an end-of-day drawdown and a short list of account sizes. It uses Tradovate as the default platform, publishes a clean rules page, and advertises a 90/10 split on funded accounts. Traders pick TradeDay when they want a compact, easy-to-read rule set and Tradovate out of the box; traders avoid it when they want broader platform choice or a wide catalog of account tiers.
TradeDay
20% off with PIPUp to 20% off with code PIP
Use code PIP for up to 20% off eligible evaluations. Applies to 4 eligible products.
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At a glance
Best-fit trader
Intraday futures traders who want an end-of-day drawdown, Tradovate by default, and a compact rule set.
Main rule to understand first
The end-of-day drawdown only adjusts against your closing balance, so open profits that retrace before the close do not raise the line, hitting the target can take longer than a trailing model.
Quick facts
| Firm | TradeDay |
|---|---|
| Account sizes | $25,000 – $150,000 |
| Drawdown type Drawdown adjusts against end-of-day balance only. Open profits during the session do not raise the line, so the drawdown is predictable but the target can take longer to reach than on a trailing model. Verify current rules before purchase. | End-of-day |
| Profit split | 90/10 |
| Payout cadence | bi-weekly |
| Min payout | $250 |
| Platforms | Tradovate, NinjaTrader, TradingView |
| News trading | Restricted, check firm rules |
| Copy trading | Restricted, check firm rules |
| Minimum trading days | 7 days |
| Country (HQ) | United States |
Pricing and PIP discount
Full-price evaluations, the PIP-adjusted price estimate, reset and activation fees, and the minimum out of pocket to reach a first payout.
| Account | Full price | With PIP | Reset | Activation | Min. out of pocket |
|---|---|---|---|---|---|
$25K Evaluation Target $1,500 · Max loss $1,500 · Daily loss $500 | $99 | $79 | $99 | - | $79 |
$50K Evaluation Target $3,000 · Max loss $2,000 · Daily loss $1,000 | $149 | $119 | $149 | - | $119 |
$100K Evaluation Target $6,000 · Max loss $3,000 · Daily loss $2,000 | $219 | $175 | $149 | - | $175 |
$150K Evaluation Target $9,000 · Max loss $4,500 · Daily loss $3,000 | $289 | $231 | $149 | - | $231 |
PIP price applied to the evaluation only. Reset and activation fees shown at full price. Minimum out of pocket assumes you pass on the first attempt. Always confirm at checkout, offers change.
Rule summary
Plain-English rules pulled from the firm's published policies. Always verify on the firm's site before purchase.
| Drawdown type Drawdown adjusts against end-of-day balance only. Open profits during the session do not raise the line, so the drawdown is predictable but the target can take longer to reach than on a trailing model. Verify current rules before purchase. | End-of-day (EOD) drawdown |
|---|---|
| Profit target Targets and limits scale with the account tier, see pricing. | $1,500 on the $25K Evaluation |
| Max loss | $1,500 on the $25K Evaluation |
| Daily loss limit | $500 on the $25K Evaluation |
| Consistency rule TradeDay does not publish a hard consistency percentage at payout time. The firm still reviews payout requests, check the current payout policy before requesting. | Not enforced |
| News trading | Restricted, check firm rules |
| Copy trading | Restricted, check firm rules |
| Scalping | Allowed |
| Overnight holds | Not allowed |
| Minimum trading days | 7 days |
| Inactivity limit | 14 days |
| Monthly evaluation fee | Evaluation access is billed monthly rather than as a single upfront fee. The monthly fee continues until you pass, reset, or cancel. |
Payouts
| First payout eligibility | After 10 trading days |
|---|---|
| Minimum payout | $250 |
| Maximum payout | Uncapped |
| Profit split | 90% trader / 10% firm |
| Payout cadence | bi-weekly |
| Payout methods | Bank wire, Rise |
Conditions to satisfy on payout request
- Minimum trading day count must be met before the first payout.
- Account must be in good standing with no rule breaches at payout review.
- Positions must be flat by end of day on payout-request sessions.
Common reasons payouts are rejected
- Breaching the end-of-day drawdown after a losing close.
- Trading through news windows that TradeDay marks restricted.
- Holding contracts past the daily close.
Payouts are reviewed by the firm before they are released. The evaluation is billed monthly, so factor the monthly fee into true cost calculations.
Who it fits / who should avoid it
Who TradeDay fits
- Traders who prefer an end-of-day drawdown and a compact rule set.
- Traders who are already set up on Tradovate and do not need platform choice.
- Intraday futures traders who want a 90/10 split and a clean payout cycle.
Who should avoid TradeDay
- You swing-trade and need to hold contracts overnight.
- You want a wide platform list or a large catalog of account tiers.
- You dislike monthly billing and prefer a one-time evaluation fee.
FAQs
Does TradeDay honor code PIP?
What kind of drawdown does TradeDay use?
Is TradeDay evaluation priced monthly or one-time?
Which platforms does TradeDay support?
Can I hold positions overnight at TradeDay?
Does TradeDay have a consistency rule?
Alternatives worth comparing
Not sure TradeDay fits? Here are three other futures prop firms worth comparing on rules and cost.
Hybrid drawdown
MyFundedFutures
Code PIP
current offer
US futures prop firm offering three program tiers, Starter, Expert, and Milestone, with end-of-day drawdown on the Expert and Milestone tracks and a one-step evaluation.
- Split
- 90/10
- Min payout
- $1000
- Accounts
- 6
Platforms/Tradovate, NinjaTrader, Rithmic
Trailing drawdown
Apex
80%
off with code PIP
High-profile US futures prop firm known for frequent promo cycles, trailing-drawdown evaluations, and a large catalog of account sizes.
- Split
- 90/10
- Min payout
- $500
- Accounts
- 7
Platforms/Tradovate, NinjaTrader, Rithmic
End-of-day drawdown
Take Profit Trader
40%
off with code PIP
US futures prop firm running a one-step evaluation with end-of-day drawdown and a 90/10 profit split after the initial withdrawal threshold.
- Split
- 90/10
- Min payout
- $250
- Accounts
- 4
Platforms/TopstepX, Tradovate, NinjaTrader
Change log
- Apr 15, 2026Offer update
Confirmed PIP discount at 20% off eligible evaluation accounts.
- Mar 25, 2026Rule change
Verified end-of-day drawdown model and monthly billing cadence still in effect.
- Feb 14, 2026Platform change
Re-verified Tradovate as the default platform and confirmed NinjaTrader and TradingView support.
Sources
- Partner: https://pipback.com/best-futures-prop-firms/(checked Apr 15, 2026, confidence high)
- Firm terms: https://tradeday.com/rules(checked Apr 12, 2026, confidence medium)
- Firm support: https://tradeday.com/faq(checked Apr 12, 2026, confidence medium)