Daytraders
70% Off Evals
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📖 Introduction: DayTraders.com is a flexible and trader-focused proprietary firm offering both static and trailing drawdown account types across a wide range of sizes. With in-house and Rithmic platform support, traders can choose what suits them best while enjoying minimal restrictions and generous rules.
🔥 Key Features That Set DayTraders Apart:
- Flexible Account Types: Choose between Static and Trailing drawdown models.
- Platform Options: Trade on their in-house DayTraders platform or third-party platforms via Rithmic.
- Generous Profit Split: Enjoy a 100% profit split on simulated Pro Accounts (subject to limits).
- No Restrictive Time Windows: Request payouts any day as long as requirements are met.
- Evaluation Made Simpler: Only 4 minimum trading days required to pass the evaluation.
- Live Funded Potential: After 3 Pro payouts, traders are reviewed for potential transition to live funded accounts.
Policy | Details |
---|---|
Profit Split | 100% of simulated profits go to the trader (Pro Account). |
First Payout Eligibility | After completing 8 qualifying trading days with minimum daily profits met. |
Payout Frequency | No fixed windows — payouts can be requested any day after eligibility. |
Minimum Payout Request | $500 per request (Pro Accounts only). |
Maximum Payout Per Request | Varies by account size, from $1,000 (25k) up to $5,000 (300k). |
Max Total Payout Per Pro Account | 3 payouts per Pro Account (before being considered for live funding). |
Max Total Payout Per Trader | $75,000 across all Pro Accounts combined. |
Payout Methods | Deel, Plane |
Taxes | US traders receive a 1099-NEC; non-US submit a W-8BEN. Traders are independent contractors. |
Example Calculations:
✔ On a 50k account, if your balance is $52,600, you may request a payout of up to $2,000.
✔ A 100k account with a balance of $103,100 is eligible for up to $3,000 per payout request.
📜 Evaluation Phase Rules:
- Profit Target & Drawdown: Your goal is to hit the profit target without violating the trailing drawdown. Drawdown is monitored live and includes unrealized losses.
- Minimum Trading Days: You must complete 4 trading days, though they do not need to be consecutive.
- Consistency Rule (50%): No single day's profit can exceed 50% of total evaluation profit. Slight overages (e.g. 51%) are permitted with variance.
- Minimum Daily Simulated Profit: Each day must hit a minimum profit threshold to count.
- No Hedging: You cannot hold both long and short positions simultaneously during the evaluation.
- No High-Frequency Trading: HFT is strictly prohibited on all accounts.
- DCA (Dollar-Cost Averaging): Allowed.
- News Trading: Permitted, but traders should use caution due to volatility.
- Evaluation Account Limit: You may have up to 15 active evaluation accounts at once.
- Inactivity Rule: Place at least one trade per month to keep accounts active.
✅ Pro Account Rules:
- Minimum Trading Days: Must complete at least 8 qualifying trading days.
- 30% Consistency Rule: No single day’s profit can exceed 30% of total simulated profit in the payout cycle.
- Minimum Daily Simulated Profit Threshold: Same as evaluation account levels (see above).
- Drawdown: Same as the evaluation phase (Static or Trailing depending on account).
- DCA Allowed: Yes.
- News Trading Allowed: Yes, but use caution.
- No Hedging or HFT: Same as evaluation — still prohibited.
- Max Pro Accounts: Up to 5 active Pro Accounts at a time.
- Inactivity Rule: One trade per month minimum to keep account active.
🔄 Evaluation Reset Policy:
- If your evaluation account fails, you can purchase a new one — resets are not automatic.
- DayTraders does not offer a “reset” function like some other firms. Instead, traders must re-purchase the evaluation account after a failure.
- You may hold up to 15 evaluation accounts at once, in any mix of Static or Trailing options.
🧾 Refund Policy:
❌ No refunds are provided under any circumstances, including:
- Failing an evaluation
- Purchasing the wrong account type or size
- Technical or data-related issues
- Deciding not to continue
- All purchases are final and non-refundable, as stated in their terms of service.
🏆 DayTraders.com has rapidly grown in popularity for its 100% profit payout structure, transparent rules, and easy-to-understand Pro account system. With no hidden fees and an intuitive dashboard, many traders feel confident trusting DayTraders with their journey to funded status.
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