TradeDay · Rules
TradeDay rules explained
A plain-English walk-through of TradeDay's drawdown, consistency, news, copy-trade, and payout rules, pulled from the firm's published policies and re-checked on Apr 15, 2026.
TradeDay
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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.
How the drawdown works
Drawdown is recalculated at the session close using that day's closing balance. Intraday swings don't shift the drawdown line, only losing sessions do. This gives discretionary traders more room to sit through heat before a trade resolves. 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.
Worked example, $25K Evaluation: starting balance $25,000, max loss $1,500, profit target $1,500. A losing session drops the drawdown line by the session loss; intraday swings don't move it. This gives you room to manage heat mid-session.
Full rule summary
| 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. |
What to check before buying
- Drawdown fits your style: Good for discretionary traders willing to sit through heat, less good if you want a hard intraday stop.
- Minimum trading days: You'll need at least 7 trading days before a payout is eligible.
- No overnight holds: Flatten every position by session close. If you trade a swing style, this firm may not fit.
- News trading restricted: Flatten ahead of high-impact US releases, holding through a restricted event is a common evaluation-killer.
- Max contracts per tier: Contract caps may apply, check the firm's current policy before sizing up.