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TradeDay: Reviews And Analysis

In-depth review of the TradeDay prop firm.How to pass the challenge, payout, leverage, rules, comparison, coupon, discount, promocode, and free trial and repeat.

TradeDay: Reviews And Analysis

TradeDay (ticker symbol: TBD), founded in 2020 and headquartered in Chicago, USA, specializes in futures trading as a proprietary trading firm. It attracts numerous investors by providing funding and supporting various trading instruments including equity futures, forex futures, agricultural futures, energy, and metals futures.

TradeDay (ticker symbol: TBD), founded in 2020 and headquartered in Chicago, USA, specializes in futures trading as a proprie

Key Features

  • Instruments: Equity futures, forex futures, agricultural futures, energy, and metals futures.
  • Maximum Account Balance: $250,000.
  • Profit Split: Up to 90%.
  • Cost: Monthly fees starting from $99.
  • Trading Platforms: Supported platforms include NinjaTrader, Tradovate, TradingView, and Jigsaw Trading.

Pros and Cons

Pros

  • Free trial available for system and platform testing.
  • Simple funding process with a single step.
  • Allows use of algorithms or bots for automated trading.
  • 100% profit split for the first $10,000 in profit, 90% thereafter.
  • No time limit to complete the challenge.

Cons

  • Unable to trade during major news releases.
  • Overnight positions not allowed.

TradeDay Prop Trading Goals and Rules

Regardless of the account size applied for, traders must adhere to uniform rules including minimum trading days and challenge duration. Specific rules include:

  • Minimum Trading Days: All accounts require trading for at least 7 days.
  • Challenge Duration: There is no maximum trading time limit, allowing traders flexibility.

Different profit targets and drawdown limits apply based on the account size.

TradeDay EA/Algos/Bots Support

TradeDay permits algorithmic and automated trading, provided traders use one of the supported platforms like NinjaTrader, Tradovate, TradingView, or Jigsaw Trading.

TradeDay Free Trial and Repeat

TradeDay offers a 14-day free trial and allows traders to repeat evaluations as needed.

TradeDay Trading Platforms and Hours

Traders can utilize major futures trading platforms including NinjaTrader, Tradovate, TradingView, and Jigsaw Trading. Positions must be closed 10 minutes before market close, with no holding of positions over weekends.

As a leading futures proprietary trading firm in the USA, TradeDay provides funding accounts up to $250,000 with a profit split of up to 90%. Traders must pass an evaluation and adhere to specific rules based on their chosen account size. Whether you're a novice or experienced trader, TradeDay offers diverse trading tools and flexible trading options.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.