Tradeday
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📖 Introduction: TradeDay is a US and UK-based trading education and evaluation firm founded in 2020 by industry veterans James Thorpe and Steve Miley. With a combined 60+ years of international trading experience, the team behind TradeDay created a platform designed for serious traders who value transparency, consistency, and long-term growth.
🔥 Key Features That Set TradeDay Apart:
- One Rule Only – Don’t break the Trailing Maximum Drawdown. It’s that simple.
- Unmatched Payout Policy – Industry-leading profit split tiers with no hidden restrictions.
- No Rule Switch-Ups – The rules in the Funded Account are the same as the Evaluation.
- Trusted & Transparent – Established in 2020 and processing daily payouts since.
- Educational Resources – Daily research, live commentary, and strategy development tools through their CoPilot program.
Policy | Details |
---|---|
First Payout Eligibility | Day 1, after clearing the buffer (based on your drawdown amount). |
Payout Frequency | Anytime after buffer is cleared. Requests submitted before 5:30pm CT are processed within 1 business day. |
Profit Split | 80% up to $50k lifetime profit, 90% from $50k–$100k, and 95% after $100k. Buffer zone profits can be withdrawn at a 50/50 split. |
Minimum Withdrawal | $250 |
Withdrawal Methods | Bank Wires (Free for US, $15 Intl), L1 Crypto ($2.50 + gas), L2 Crypto (Free). |
Buffer Zone Requirement | You must exceed your max drawdown amount (by tier) to access your first payout. See example below. |
Example: First Payout Requirement
$100k Account: Starting balance is $100,000. Trailing Max Drawdown is $3,000. To request your first payout, you must grow the account to $103,000 (clearing the buffer).
Live Funded Accounts: Start at $0, so you must reach $3,000 to clear the buffer before your first payout.
📜 Evaluation Rules:
- Trade at least 7 days (non-consecutive).
- Hit the profit target (based on account size).
- Be consistent: no single day’s PnL can exceed 30% of total profits.
- Do not break the Maximum Drawdown Rule.
🚨 Funded Sim & Funded Live Rules:
- Same rules as Evaluation, including Max Drawdown and product/position/time limits.
- No slippage rule in Funded Sim; it applies only in Funded Live.
- Funded Sim traders are assessed at $5,000 profit (gross). They may either move to Funded Live or receive an extension.
- Funded Live traders must pay for pro data feed ($140/month) and are subject to additional slippage controls.
- Funded Sim or Live accounts must avoid Tier 1 economic release windows.
- No consistent violations of permitted times, products, or position sizes.
🔄 Evaluation Reset Policy:
- If you break a rule during the Evaluation:
- You may purchase a reset (retake).
- Or, if you wait for your next billing cycle, your account will be reset for free (courtesy reset).
💸 Refund Policy:
- There are no refunds once an Evaluation has started. Reset fees are charged separately and do not impact your subscription billing.
🏆 TradeDay has earned its reputation by keeping the rules consistent, offering unmatched transparency, and treating traders like professionals. The Funded Sim option gives you a low-cost, low-pressure entry into funded trading, while the Live option offers direct market access.
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