TradeDay review

Yes. TradeDay LLC is a Chicago company founded in 2020 by named futures industry veterans, has paid traders since 2021 and claims over $10 million in payouts. It holds a 4.6 Trustpilot score from 1,443 reviews, though it rewards reviews with shop points and its terms give it wide discretion over accounts.

Yes. Payout denials appear in about 11% of its negative Trustpilot reviews and we found no complaints about late payments, while about a quarter of recent positive reviews describe a payout received. Denials the firm explained were tied to linked accounts, VPN use, restricted countries or prohibited practices.

Requests made before 5:30 pm CT are processed within 24 hours on business days, and reviewers often report approval within hours. Money is paid through Riseworks by bank wire or USDC, with a $250 minimum.

TradeDay states that 36% of evaluations were passed between January and June 2026, up from 23.7% it reported for August 2023. The figure is self-reported and covers the evaluation only, not how many funded traders get paid or reach Funded Live.

The ones that catch traders are funded-stage rules: Quick Pay funded accounts always trail intraday, payouts do not lower the drawdown line, and profit above $10,000 gross in a Funded Sim is forfeited. Microscalping under about 10 seconds, trading within 2% of a price limit and VPN use can also cost an account.

No, not the major releases. TradeDay auto-closes positions 2 minutes before and reopens 2 minutes after FOMC, CPI and NFP for all products, EIA inventories for energy and crop reports for grains. Other news is fine.

Only your own automated systems, run through supported platforms such as NinjaTrader, Tradovate or Quantower. TradeDay gives no API access, bans bots bought from third parties and bans strategies that place more than 200 trades a day.

Yes. TradeDay is a US company and most of its customers are American; US single-member LLCs can also be paid. About 80 other countries are excluded, and German citizens and Canadians outside Ontario are limited to Funded Sim.

TradeDay runs frequent site-wide sales announced with a code on its homepage, usually between 50% and 60% off the monthly price. Check the banner on tradeday.com for the current code before buying, since the offers change every few weeks.

TradeDay is owned and run by its co-founders, CEO James Thorpe and COO Steve Miley, through TradeDay LLC in Chicago. Thorpe previously ran Mercury Derivatives/Futures First, and Miley headed technical analysis at Merrill Lynch and Credit Suisse.

A failed evaluation can be reset for $45 to $250 or reset free at your next monthly renewal if the account is no longer under evaluation. A lost funded account cannot be reset; TradeDay reviews your history before letting you buy again, and losing a Funded Live account means a three-month cooling-off period.

Fast Pass is quicker to pass with 3 minimum days, but its funded account needs 5 profitable days, a 45% consistency ratio and caps each payout at $750 to $2,250. Quick Pay takes 5 days with a 30% consistency rule, then pays from day one with no funded consistency rule, at 50% until the account holds $4,000 profit.

It is a subscription. The evaluation price recurs every 30 days until you pass or cancel, and cancelling or a failed payment closes the evaluation at once. Billing stops when you pass, and there is no activation fee.