TradeDay Review (2026)
TradeDay (founded 2020) stands out for two things: the only major firm to offer static drawdown on funded accounts as a standard option, and day-one payouts. The June 2026 FastPass/QuickPay restructuring sharpened the product into two clearly differentiated paths.
| Founded / HQ | 2020 · US |
| Model | FastPass (EOD) / QuickPay (intraday) · static DD on funded |
| Drawdown | EOD (FastPass) / Intraday (QuickPay) / Static (funded) |
| Profit split | FastPass 80→90% · QuickPay 50→80→90→95% |
| Eval price (50K) | $105 monthly |
| Activation fee | None |
| Payout speed | Day-one · next business day (Rise) |
| Consistency rule | 45% FastPass eval / 30% QuickPay eval · none funded |
| Daily loss limit | None |
| Max accounts | 6 eval / 3 sim + 1 live |
| Max contracts (50K) | 5 mini / 50 micro |
| Instant funding | No |
| Algos / EAs | Yes |
| US traders | Allowed |
| Platforms | Tradovate, NinjaTrader, TradeDayX, CQG |
FastPass uses an EOD trailing drawdown during evaluation, a 45% consistency rule that is removed once funded, and an 80% split in Funded Sim rising to 90% in Funded Live. Minimum 3 trading days to pass. This is the more beginner-friendly path with a solid economics floor.
QuickPay uses intraday trailing drawdown, a 30% consistency rule, and — critically — starts at a 50% profit split. That 50% floor is not a temporary quirk; it is where you begin, and you step up through tiers (50→80→90→95%) by building your account. For a trader used to 80–90% splits from day one, the early QuickPay economics are materially worse. QuickPay is competitive on eval price, not on economics. Choose it only if the lower upfront cost is genuinely the deciding variable — not because the 95% ceiling looks attractive.
On funded accounts TradeDay offers a static drawdown option: the floor is set at a fixed dollar amount below the starting balance and never trails upward, regardless of how much the account grows. A profitable run that builds $20,000 above starting balance doesn't bring the floor any closer to current equity. This is unique in a material way — every other major firm's trailing mechanism means a strong run can leave you with less buffer than when you started. Algos are explicitly permitted, which pairs well with the predictability of a static floor.
Payouts process day one of a funded account via Rise, typically arriving the next business day. There is no daily loss limit. One nuance: profits within the buffer zone pay at a 50/50 split rather than the standard trader-favoured rate. Once the account is above the buffer threshold, normal split rates apply.
TradeDay's static drawdown is a genuine differentiator — the only funded environment where a profitable period doesn't mechanically erode your cushion. For most traders, FastPass is the right path: EOD drawdown, 80% floor from day one, consistency rule removed once funded. QuickPay's 50% starting split makes the early funded stage a poor deal economically — it only makes sense if the lower eval fee is the hard constraint. For systematic traders who want algo permission and a predictable floor, TradeDay is the strongest structural argument in the market.