TradeDay Prop Firm Review – What You Need to Know in 2025
TradeDay launched in 2020. It is based in Illinois, USA. James Thorpe and Steve Miley run it. They stand out with strong mentoring from experts. They focus on futures trading.
TradeDay Best suited for:
- People who want daily payouts:
- Traders seeking expert guidance:
- Day traders who like simple rules:
Pros of TradeDay
Pros
Profit split up to 95%:- Payouts from day one:
- Three challenge types:
- Mentoring included:
- Many platforms to choose from:
- No extra fees for funded traders:
Cons
How Does TradeDay Work? (Step-by-Step Guide)
- Pick an account size and challenge type
- Trade in the evaluation to hit profit targets
- Pass the evaluation with good risk control
- Get your funded account right away
- Trade and ask for payouts any time
TradeDay Account Types & Funding Options
- Account sizes of $50,000, $100,000, or $150,000:
- EOD evaluation, static evaluation, or intraday evaluation:
- Fees from $59 per month:
Profit Targets & Payouts
- Profit targets from $1,500 to $9,000 based on account
- Payouts happen daily
- Payouts processed fast from day one
- Daily drawdown from $500 to $4,000
- First payout after any profit day
Leverage & Trading Conditions
- Futures margin for trades
- No commissions for funded accounts
- Fast execution on platforms
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Day trading
- Using futures contracts
Restricted Trading Strategies
Holding trades overnight- Trading outside permitted times
- High-frequency trading
How Long Does It Take to Get Funded by TradeDay?
- No time pressure to pass
- Funding happens soon after you pass
- Account setup is quick
How Long Has TradeDay Been Around?
TradeDay started in 2020. It has grown fast with thousands of traders. They add new webinars and community tools often.
Who Owns TradeDay? (Founder & Company Background)
James Thorpe is CEO and co-founder. Steve Miley is co-founder. The company is TradeDay LLC in Illinois, USA. They have no regulation listed.
What Can You Trade with TradeDay? (Supported Markets & Assets)
You can trade futures. These include indices, energy, and metals. They use exchanges like CME and NYMEX. Platforms are NinjaTrader, Tradovate, TradingView, and Jigsaw.
Does TradeDay Offer Education & Trader Support? (Learning Resources & Coaching)
They offer courses and ebooks. They have daily webinars and Discord. Mentoring is available from experts. No coaching programs listed.
How Good is TradeDay’s Customer Support? (Response Time & Availability)
Traders can use email or phone. Support is open 24 hours a day. They help fast with questions.
Is TradeDay a Scam or a Legit Prop Firm?
TradeDay is legit. It is registered in Illinois. They have a real team of experts. They partner with platforms for trading.
User Reviews & Community Feedback on TradeDay
- Traders on Discord share tips. Many like the mentoring. On YouTube, they talk about quick funding.:
Alternatives to TradeDay – How It Compares
- Topstep – strict rules and coaching:
- Take Profit Trader – flexible plans:
- Apex Trader Funding – many account sizes:
Final Verdict – Should You Trade with TradeDay?
TradeDay is great for futures traders. It has high splits and daily payouts. The mentoring helps you improve. It is a good pick in 2025 for day traders.
