TradeDay Review 2027 Fees, Features and Safety

This TradeDay review for 2027 looks at the Chicago, United States-based prop firm, founded in 2020, and covers the profit split of up to 90%, funding of up to $750,000, evaluation rules and payouts, so you can decide whether it fits the way you trade.

TradeDay overview (2027)

TradeDay is a futures proprietary trading firm based in Chicago that launched in 2020. It was founded by a group of futures industry veterans, including former exchange and brokerage executives, and that background shows in how the firm presents itself. TradeDay emphasises transparency, trader education and a straightforward evaluation, and it promotes itself as a firm built by people who have spent their careers in the futures markets.

The evaluation

TradeDay uses a single-step evaluation. Traders select an account size, commonly $50,000, $100,000 or $150,000, and must reach a profit target while observing the firm's rules.

The firm has offered a choice of drawdown types, which is uncommon among futures prop firms:

• Intraday trailing drawdown: follows the highest balance reached during the session, at a lower monthly price.
• End-of-day drawdown: updates only on closing balances, at a higher price.
• Static drawdown: a fixed limit that never moves, on a smaller contract allowance.

Being able to pick the drawdown model lets traders match the account to their style. A trader who lets profits run intraday may prefer end-of-day or static, while a scalper may accept the trailing option for the lower cost.

A consistency rule applies during the evaluation, requiring that no single day accounts for more than about 30% of total profit, and there is a minimum number of trading days. There is no time limit.

Funded accounts and profit split

After passing, traders receive a funded account. TradeDay's profit share is among the more generous: traders keep the large majority of profits, up to 90%, and the firm has offered 100% of an initial tranche on some terms. There is no activation fee after passing, which is a meaningful saving compared with competitors that charge one.

The consistency rule does not carry over to the funded stage in the same form, and traders can request payouts from the first day once the account is above the required balance. Processing is generally quick.

Live capital

TradeDay has stated that it moves successful traders onto live accounts with real capital, in line with its positioning as a genuine proprietary firm. The timing depends on performance.

Platforms

The firm supports Tradovate, NinjaTrader and TradingView, along with Rithmic-connected platforms for traders who prefer them. Market data is included in the subscription.

Markets

Traders can access futures listed on the CME Group exchanges, including equity indices, crude oil, gold, treasuries, currencies and agricultural products, in standard and micro sizes. Positions must be closed before the end of the trading day, and contract limits depend on the account.

Education and support

TradeDay places real weight on trader development. Members get access to daily market briefings, live webinars with experienced traders, educational courses and a community. The firm's staff are active in its member channels, and its founders appear regularly in sessions. For traders who value mentoring from people with institutional backgrounds, this is a distinctive benefit.

Fees

Evaluations are billed monthly. Prices depend on account size and drawdown type, with intraday trailing accounts starting from around $100 a month and end-of-day versions costing more. Resets are available for a fee. With no activation fee, the cost of becoming funded is easy to calculate.

Transparency

The firm publishes its rules clearly and has been open about how its business works. Its Chicago base and the public profiles of its leadership add to its credibility in a sector where many firms operate anonymously from offshore jurisdictions.

What to keep in mind

The 30% consistency rule in the evaluation requires steady accumulation of profit, and traders who rely on a few big days will find it challenging. End-of-day and static drawdown accounts cost more than the trailing version. TradeDay is smaller than the largest futures prop firms, with a lower public payout total. As elsewhere, funded accounts begin in a simulated environment.

Who is TradeDay best for?

TradeDay suits futures traders who want a reputable, US-based firm with a choice of drawdown models, no activation fee and strong educational support. It is well suited to traders who trade consistently day to day.

Traders who want many simultaneous accounts or the cheapest possible evaluation may prefer larger discount-driven competitors.

Pros and cons

• Pros: founded by futures industry veterans, choice of intraday, end-of-day or static drawdown, no activation fee, high profit share, payouts from day one on funded accounts, strong education and community, transparent rules.
• Cons: 30% consistency rule in the evaluation, higher price for end-of-day drawdown, monthly subscription, smaller scale than the biggest rivals, futures only.

TradeDay review: verdict for 2027

TradeDay brings professional futures experience and a transparent approach to prop trading. Its flexible drawdown choice and lack of an activation fee are real advantages. For serious futures traders, it is a trustworthy and well-run option.

Compare this TradeDay review with all 35 prop firms in our 2027 list, and confirm the latest terms on the official TradeDay website before you open an account.