Introduction to TradeDay
TradeDay stands as an innovative proprietary trading firm, providing a robust platform for traders to explore and excel in various financial markets. Dedicated to empowering traders globally, TradeDay offers an inclusive environment for individuals to showcase their trading prowess and qualify for substantial funding based on their performance. The firm distinguishes itself through its intuitive trading platform, offering access to a diverse range of assets, including forex, commodities, indices, and cryptocurrencies. TradeDay’s emphasis on trader growth is evident through its provision of significant capital, advanced trading tools, and comprehensive educational resources. Additionally, TradeDay fosters a supportive community and provides personalized guidance, making it an appealing choice for traders seeking opportunities within funded trading prop firms to elevate their trading careers and achieve their financial objectives.
Pros
- ✓ Trade Using TradingView
- ✓ Offers 1-Step Evaluation
- ✓ Copy Trading Allowed
- ✓ Responsive Customer Support
Cons
- ✗ Equity-based Drawdown
- ✗ News Trading Not Allowed
- ✗ No Weekend & Overnight Holding
| Firm Details | |
|---|---|
| Year Founded | 2020 |
| Maximum Balance | $250,000 |
| Tradeable Assets | Equity Futures, Forex Futures, Agricultural Futures, Energy Futures, Metals Futures |
| Challenge Type | One-Step Evaluation |
| Trading Platforms | NinjaTrader, TradeStation, Jigsaw Daytradr |
| Trading Hours | ❌ |
| Copy Trading | ✅ |
| News Trading | ❌ |
| EAs | ✅ |
| Trust Pilot Rating⭐ | 4.6 / 5.0 |
| Trust Pilot Reviews | 275 |
| Payment Types | Wire Transfer, PayPal |
Challenges Options
TradeDay offers traders the opportunity to overcome various challenges in their trading journey. The firm acknowledges the difficulties and risks associated with trading and aims to provide the necessary support and guidance to traders. They understand that trading is not easy, and the potential to lose money is real. However, TradeDay boasts over 80 years of industry experience and a team of successful traders who have trained and mentored numerous aspiring traders.
TradeDay emphasizes the importance of experience and leverages their knowledge to help traders succeed. They offer a comprehensive evaluation program based on the principles of successful trading, focusing on profitable strategies, risk management, and discipline. Traders who pass the evaluation can get funded and trade in live markets from day one.
The firm provides a learning environment and mentoring opportunities, with courses, education resources, and a dedicated trader development area. They offer a platform that allows traders to learn and trade from various devices, from mobile phones to desktops.
TradeDay welcomes traders at all levels, from beginners to advanced, and offers a clear path to becoming a funded trader. They also highlight their attractive payout structure, allowing traders to keep the first $10,000 they make and 90% of profits thereafter without restrictions on withdrawals.
Overall, TradeDay aims to increase traders’ chances of success, remove risks to personal capital, and provide a supportive community for traders to thrive.
| Two Step Rules | |
|---|---|
| Profit Target Step 1 | 6% |
| Profit Target Step 2 | 6% |
| Max Daily Loss | 2% |
| Max Daily Drawdown | ❌ |
| Max Loss | ❌ |
| Max Drawdown | 3% – 4% |
| Min Trading Days Step 1 | 5 |
| Min Trading Days Step 2 | ❌ |
| Max Trading Days Step 1 | ❌ |
| Max Trading Days Step 2 | ❌ |
| Profit Split | 90% |
Challenge Pricing
| Account Size | 1 Step | 2 Step |
|---|---|---|
| $10,000 | $99/month | ❌ |
| $25,000 | $125/month | ❌ |
| $50,000 | $165/month | ❌ |
Make TradeDay.com your compass in the world of trading. TradeDay.com stands tall with its blend of advanced technology, unwavering support, and a steadfast commitment to trader success. Access diverse markets and competitive leverage, paving the way for extensive growth and exploration within the trading domain.
What sets TradeDay.com apart is its personalized guidance. It offers tailored mentorship, comprehensive educational resources, and robust risk management strategies, all crafted to nurture individual trader potential and foster continuous progress.
Opt for TradeDay.com to embark on an enriching and transformative trading journey. Align with a platform dedicated to fueling your ambitions and equipped with the tools and expertise necessary to thrive in the dynamic financial markets.
Trust TradeDay.com as your ally, guiding you toward significant milestones and transforming your trading aspirations into tangible successes in the funded trading landscape.
Introduction To TradeDay Funded Trading Program:
TradeDay is a prominent online platform that offers a funded trading program for aspiring traders. In this comprehensive review, we will delve into the various aspects of TradeDay’s funded trading program, evaluating its features, benefits, and overall effectiveness.
Program Overview:
TradeDay’s funded trading program aims to provide traders with the opportunity to showcase their skills and receive funding to trade in the live markets. The program is open to traders of all levels, from beginners to advanced, offering a clear path to becoming a funded trader.
TradeDay Funded Trading Program’s Evaluation Process:
To become a funded trader with TradeDay, participants must undergo the Evaluation Challenge program. This evaluation assesses fundamental trading skills, including the development of a profitable strategy, risk management, and discipline. While the evaluation may pose a challenge, TradeDay equips participants with the necessary tools and resources to succeed, allowing individuals to progress at their own pace.
Funding and Profit Sharing:
Upon successful completion of the evaluation, traders gain access to TradeDay’s funded trading accounts. The program offers attractive benefits, such as keeping the first $10,000 in profits and receiving 90% of the profits thereafter. Notably, there are no restrictions on the withdrawal of funds, providing traders with the flexibility to manage their earnings effectively.
Support and Guidance:
TradeDay understands the importance of guidance in achieving trading success. The platform offers comprehensive support, including educational resources, mentoring sessions, daily morning meetings, live streams, and a dedicated trader development area. Traders also have access to a vibrant community, where they can engage in live trading room chats and forums to seek advice and share experiences.
TradeDay Funded Trading Program – Platform and Tools:
TradeDay provides a high-performance trading platform that is stable, fast, and accessible across various operating systems, including iOS, macOS, Windows, and Android. The platform offers real-time market data, 24-hour market commentary, and technical analysis research from MarketChartist, a renowned provider of institutional-grade research. These tools empower traders with valuable insights to make informed trading decisions.
Membership Fee and Value:
TradeDay operates on a monthly membership fee structure. While some may question the fee, it grants traders access to the platform’s virtual trading room, simulated trading environment, live market data, research resources, and expert support. The monthly fee is waived for funded traders, making it a worthwhile investment for those serious about their trading journey.
Conclusion:
TradeDay Funded Trading Program offers a comprehensive and supportive environment for traders seeking to hone their skills and secure funding for trading activities. With its robust evaluation process, attractive profit-sharing model, and extensive support resources, TradeDay provides traders with the tools and guidance necessary to increase their chances of success in the markets. Whether you’re a beginner or an experienced trader, TradeDay offers a promising opportunity to pursue your trading aspirations.
