
TradeDay
Core Metrics
Frequently Asked Questions
Is TradeDay a legitimate prop firm?
TradeDay is a proprietary trading firm that provides funded accounts to traders who pass their evaluation challenge. PropMason tracks rule changes and community feedback to help traders make informed decisions. Always conduct your own due diligence before funding an account.
What is TradeDay's profit split?
TradeDay offers up to 95% profit split to funded traders. This means you keep 95% of all profits generated in your funded account. Check their current pricing page for the latest split terms, as firms occasionally update these figures.
How does TradeDay's drawdown rule work?
TradeDay uses a static drawdown — a fixed loss limit from your initial balance. Your account will be closed if losses exceed 2.67% of the applicable balance. Understanding your drawdown type is critical — trailing drawdown is generally stricter than static drawdown.
How much does TradeDay's evaluation cost?
TradeDay's evaluation challenge starts from $87. Note that the evaluation fee is typically non-refundable. Prices vary by account size — larger funded accounts require higher evaluation fees.
When can I withdraw profits from TradeDay?
At TradeDay, first payout is available after day one, and payouts are processed on-demand. Always verify the latest payout terms directly with the firm, as conditions may change. PropMason tracks rule changes so you can see if payout terms have been modified recently.
What trading platforms does TradeDay support?
TradeDay supports TRADOVATE, TRADINGVIEW for trading. TRADOVATE is widely used due to its robust EA (Expert Advisor) support and familiarity among prop firm traders.
How does PropMason track TradeDay's rule changes?
PropMason automatically monitors TradeDay's website and T&Cs for changes to key metrics including profit splits, drawdown limits, payout rules, and challenge pricing. When changes are detected — whether silently updated or officially announced — they are logged in our changelog so traders are never caught off-guard by unexpected rule changes.
Answers are auto-generated based on verified data. Always confirm current terms directly with TradeDay.
PropMason is an independent data library analyzing structural risks in proprietary trading. We do not provide financial advice. All data is sourced from publicly available terms and conditions. Verify all information at source.