Tradeday Review 2026
TradeDay is a Chicago-based futures prop firm founded in 2020 that stands out from every competitor with a single structural choice: when you purchase an evaluation account, you choose your drawdown model — EOD trailing, Intraday trailing, or Static. No other major futures prop firm offers all three at once. This choice is paired with a progressive profit split that gives traders 100% of their first $10,000 in withdrawals, 80% thereafter, scaling to 95% at $100,000 cumulative profits. The funded account has no consistency rule — a significant advantage for traders with aggressive winning days. Payouts are processed the next business day via Rise.
Three Drawdown Models
EOD Trailing is the most forgiving: the floor updates only at the end of each trading session based on the highest closing balance. Intraday Trailing uses a real-time floor that follows peak unrealised equity tick by tick — the most aggressive model, priced lower to reflect the increased difficulty. Static Drawdown sets a permanent floor that never moves regardless of profits — the safest possible structure for conservative traders. The monthly subscription pricing differs across models, with Intraday typically 20 to 30% cheaper than EOD for the same account size.
Profit Split and Payouts
The progressive split — 100% of first $10,000, 80% to $100,000, 95% beyond — is among the most trader-friendly structures in the industry for long-term funded traders. Next business day payout processing via Rise is operationally superior to firms using weekly or bi-weekly cycles. Minimum of seven trading days must be completed before payout eligibility. The funded account has no consistency rule, meaning a single large winning day does not disqualify or extend the payout cycle.
Rules and Platforms
One hard rule in evaluation: do not breach maximum drawdown. All other requirements are objectives that adjust targets but do not fail the account. News trading is allowed. EA and automated trading are permitted. Full-size Gold and Silver were restricted in February 2026 — micro contracts remain available. Platforms supported include Tradovate, NinjaTrader, TradingView, and Jigsaw — one of the broader platform selections in the industry. Monthly subscriptions with no time limit.
