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#40of 40 prop trading firms2027 edition

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TradeDay Review 2027Core Trading Conditions and Fees

TradeDay is a prop trading firm founded in 2020 and based in Chicago, Illinois, USA, funding traders up to $150,000 with a profit split of 80% - 95%.

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  • Founded 2020
  • Chicago, Illinois, USA
  • 3 min read

Key numbers

Max. funding
$150,000
Profit split
80% - 95%
Entry fee
From $99 per month
Founded
2020
tradeday.com
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TradeDay at a glance

Founded
2020
Headquarters
Chicago, Illinois, USA
Evaluation model
1-step evaluation (Quick Pay or Fast Pass)
Maximum allocation
$150,000
Profit split
80% - 95%
Entry fee
From $99 per month
Platforms
TradovateNinjaTraderRithmic
Markets
CME futures
Official website
tradeday.com

TradeDay review 2027: a simple rulebook after the 2.0 relaunch

TradeDay was founded in Chicago in 2020 by a team of futures industry veterans and is led by James Thorpe. It has always presented itself as a professional, education-minded firm. In May 2026 it relaunched its entire product range as TradeDay 2.0, replacing a grid of nine plans with a simpler structure and changing how the profit split is calculated. This review describes the firm as it stands for 2027.

What changed in 2.0

The earlier model offered three drawdown types, including a static option, and a split that depended on lifetime withdrawals, with the first $10,000 paid in full. The relaunch on 29 May 2026 retired the static option and the old split ladder. The split is now calculated for each account separately. Reviews written before that date describe a product that is no longer sold.

The evaluation

Evaluations are one step on accounts from $50,000 to $150,000. The firm's rulebook is unusually short. In effect there is one way to fail: breaching the maximum loss. There is no daily loss limit. A consistency rule applies in the evaluation, under which no single day may exceed 30% of the profit target, and it does not apply once funded. Evaluations are billed monthly, and no activation fee is charged on passing.

Two funded routes

After passing, the trader chooses how to be paid. Quick Pay allows a payout from the first day with no buffer to build, in exchange for a lower share of early profit, reported at 50%. Fast Pass requires a minimum of five trading days before the first payout and pays the standard share. The decision is a straightforward trade between speed and percentage.

Profit split

The split starts at 80% and rises with the profit withdrawn from the account, to 90% and then 95% at higher levels. The minimum payout request is $250. Payouts are processed quickly, often the same day.

Live accounts

TradeDay moves consistent traders to live accounts and, according to trader reports, allows full contract size there. This is one of the firm's distinguishing features.

Platforms

For most of its history TradeDay ran on Tradovate and NinjaTrader. In August 2026 it added Rithmic as a second route, which opens the firm to traders who use Rithmic-based platforms.

Rules and limits

All positions must be closed before the end of the session, and the platform closes them automatically to prevent accidental breaches. Swing trading is therefore not possible. Restrictions on certain metals contracts were introduced in early 2026. The monthly billing clock means slow evaluations cost more.

Education and support

The firm provides coaching content, market commentary and responsive support, and it replies to nearly every public review. Traders often mention clear communication.

Reputation

TradeDay holds a high average rating across more than a thousand public reviews, a smaller base than the largest futures firms. Independent safety grades are strong, and long-term clients report regular payouts without problems.

Pros and cons

  • Simple rules: one failure condition and no daily loss limit.
  • No funded consistency rule: it applies in the evaluation only.
  • Split: rises to 95%.
  • Live trading: a real path to live accounts.
  • Quick Pay cost: a 50% share on early day-one payouts.
  • No overnight holding: intraday only.

Who is TradeDay for?

TradeDay suits intraday futures traders who want the fewest possible rules and a credible path to live capital. Swing traders and those focused on metals should look elsewhere.

Verdict

TradeDay is easy to understand and well run. For 2027 the relaunch has made it simpler still. Choose between Quick Pay and Fast Pass with the split difference in mind.

This TradeDay review is part of our Top 40 Prop Trading Firms in 2027 ranking. To compare, read the Bulenox review and the Earn2Trade review.

See TradeDay for yourselfCheck current terms on the official site before you open an account.
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TradeDay vs peers: maximum starting allocation (usd thousands)

TradeDay vs peers: top profit split (%)

Live markets and charts

Live markets

Crypto

Forex

Crypto prices by CoinGecko. Forex figures are European Central Bank reference rates, updated once a day. The ticker is provided by TradingView.

Live forex chart

EUR/USD, one-hour candles. Chart by TradingView; you can switch to any other symbol inside it.

Risk warning: trading forex, CFDs, futures and crypto assets carries a high risk of losing money. This review is general information, not investment advice.