TradeDay rules by account size (25K, 50K, 100K, 150K): Quick Pay and Fast Pass targets, trailing drawdown, consistency, Funded Sim payouts and Funded Live

All figures come from tradeday.com (the pricing cards and FAQ on the home page, and the How It Works page) and TradeDay's help center at tradeday.freshdesk.com, which tradeday.com links to, read in English on 15 October 2026. TradeDay's current lineup launched as TradeDay 2.0 on May 29, 2026; its launch post says traders already in older programs continue under their current account structures and rules, so this guide covers only the current Quick Pay and Fast Pass accounts. The pricing cards show the same figures for Tradovate and Rithmic. Where two TradeDay pages give different figures for the same thing we say so below rather than pick one.

What this means for you: Every TradeDay figure here is from tradeday.com or TradeDay's help center; anything we worked out ourselves is tagged Ours.

Both evaluations have the same profit targets, trailing max drawdowns and position limits by size. Quick Pay asks you to trade for a minimum of 5 trading days (if you reach the profit target early, keep trading), reach the profit target and be consistent: no day greater than 30% of your total profits. Fast Pass uses a 45% consistency figure and calculates all drawdowns at End-of-Day; its minimum trading days are worded differently on different TradeDay pages (see below). The help center calls Quick Pay TradeDay's core evaluation program. The only rule that fails the evaluation is the maximum drawdown: the objectives article says TradeDay has just one rule - Don't break the Maximum Drawdown Limit! Accidental breaches of the permitted times, permitted products and position limit guidelines do not fail you, but traders found to be abusing them lose their account. Contracts and micros can be combined up to the position limit, with micros capped at 50 lots.

What this means for you: Size sets the target, drawdown and contract limit; the path decides minimum days, consistency and how payouts work.

Consistency is measured as a day's profit and loss as a percentage of your total profit to date, not of the profit target. A day above 30% (Quick Pay) or 45% (Fast Pass) does not fail the evaluation, but your profit target increases until that day falls back within the limit. TradeDay's own example: the profit target is $3000 x 30% = $900, the most you should make in one day if you want every day marked consistent when you reach the target. If a trader reaches the $3,000 target with $1,200 of it made in one day, they keep trading until total profits reach $4,000, when the $1,200 day is 30% of the total.

What this means for you: A big day does not fail you; it means trading longer until that day is within 30% (Quick Pay) or 45% (Fast Pass) of your total profit.

An Intraday trailing max drawdown is calculated from unrealized profits in real time, so it trails the highest balance reached during the day even if the trade later loses. An End of Day trailing max drawdown is calculated from the realized end-of-day balance at the 16.00 CT futures market close. Both trail your account growth until they reach the starting account balance, and both are enforced in real time: you cannot go below the limit with an open position during the session. TradeDay's example: on a $100k evaluation the TMD starts at $97,000, and when the balance reaches $103,000 the TMD is at $100,000, where it freezes. Quick Pay lets you choose Intraday or End of Day for the evaluation, but all Quick Pay Funded Sim accounts have an intraday drawdown, regardless of the drawdown had on the evaluation, which is why the End of Day Quick Pay card is labelled End of Day (Intraday Funded Drawdown). Fast Pass Funded Sim accounts keep the End of Day drawdown. The drawdown article adds: If you have an open position and you touch the limit, your positions will be liquidated, the trading shut off, and you will have failed the evaluation, or lost your funded trading account. On an End of Day account the limit only moves up at the close, but you must never let your equity fall below the active drawdown level at any point during the day; doing so still triggers auto-liquidation. TradeDay's Intraday example: a 100K account starts with the TMD at $97,000; equity peaks at $101,000 during the day (open profit +$1,000), which moves the TMD up to $98,000, and when the trader finishes the day flat at $100,000 the TMD stays at $98,000.

What this means for you: On either drawdown type, letting equity touch the limit with an open position ends the evaluation; Intraday also counts open profit when it moves the limit up.

Traders must exit all positions 10 minutes before the close and cannot hold positions when the market closes; TradeDay can liquidate open positions at 3:50 pm CT (4:50 pm ET) only, so products with other closing times are your responsibility. Do not rely on TradeDay to manage your orders: if you breach a drawdown limit because the software did not liquidate your position or prevent orders from being filled, TradeDay will not reset the account. Trading over TradeDay's tier 1 economic data releases is not allowed: open positions are auto-liquidated 2 minutes before and markets reopen 2 minutes after. Tier 1 covers FOMC minutes and the FOMC interest rate decision statement (1:00 PM CT, 2:00 PM ET) and US CPI and the US employment report (7:30 AM CT, 8:30 AM ET) for all products, plus EIA inventories for oil or gas contracts and crop production reports for ags. None of the TradeDay pages we read lists a daily loss limit set by TradeDay; the objectives article says TradeDay has just one rule - Don't break the Maximum Drawdown Limit! Tradovate users can set their own Daily Loss Limit, Weekly Loss Limit or profit triggers in the platform's risk settings; once a daily limit has been set, it cannot be overridden or adjusted by TradeDay's team, and the lockout stays until the trading session ends. Automated systems must run on a supported platform, and algos or bots bought from a third party are forbidden.

What this means for you: Be flat 10 minutes before the close and away from tier 1 releases; none of TradeDay's pages lists a daily loss limit, so any daily stop is yours to set.

TradeDay evaluations are a monthly subscription: the first payment is taken on sign-up and recurs every 30 days until you pass or cancel, and the subscription includes one evaluation. There is no time limit to pass, and monthly billing stops once you pass. The pricing cards show a struck-through list price next to the price shown; on the 50K that is $59 per month on the Intraday card ($131 list price struck through); $79 per month on the End of Day card ($175 list price struck through); the help center price table lists $125 Intraday and $175 End of Day. Fast Pass 50K shows $95 ($189 struck through). If you break the drawdown you can buy a reset, or wait for the next subscription payment, when a free reset is applied if your dashboard status is 'NOT BEING EVALUATED'; a reset does not change your billing date. On the 50K a reset costs $59 (Intraday); $79 (End of Day) and $95 on Fast Pass. There is no activation fee: TradeDay no longer has an activation fee. You can hold up to 10 accounts at once, up to 5 active Funded Sim accounts and up to 5 Funded Live accounts, all on one broker, and while you have an active Funded Live account you will not be able to purchase additional accounts; TradeDay announced the higher limits (up from 6 evaluation and 3 Funded Sim accounts) on X on 8 September 2026.

What this means for you: You pay monthly until you pass or cancel, with no activation fee; check the card price on the day you buy, because TradeDay's pages list different prices.

After you pass, the Quick Pay Funded Sim account has an intraday trailing max drawdown of the same amount as the evaluation (Trailing Max Drawdown: $2,000 (calculated intraday) on the 50K), no milestones, no consistency requirement and no payout buffer. You can request a payout after 1 day of trading and withdraw any time the balance is positive; the minimum payout request is $250. The split depends on current profit in each account: payouts are split 50/50 below the $4,000 current profit level and 80/20 above it, but only if the payout still leaves more than $4,000 in current profit. TradeDay's example: with $6,000 current profit on a 50K, a $3,000 request pays 80% of $2,000 ($1,600) plus 50% of $1,000 ($500), $2,100 in total. The drawdown trails on gross profits (current profits plus payouts), so it keeps trailing even when you take payouts. The payout policy's 50K example: on Day 0 the balance is $50,000 and the TMD $48,000; a +$500 day moves the TMD to $48,500, and after a $500 payout the balance is back at $50,000 while the TMD stays at $48,500. A payout lowers the balance but not the TMD, so that account has $1,500 of room left instead of the $2,000 it started with (our arithmetic). Withdrawals go through Riseworks: US bank wires are free, international bank wires cost $15 per withdrawal, L1 crypto $2.5 per withdrawal plus estimated gas fees, and L2 crypto is free. Quick Pay Funded Sim traders are reviewed at $10,000 gross profit in each of their funded accounts for a move to Funded Live: the account is paused at the 4:30pm CT (5:30pm ET) End of Day run, and profits above $10,000 are removed and not eligible for payout. Once approved for Funded Live, the transfer may take up to 10 business days.

What this means for you: Quick Pay pays from day one, but a payout does not move the drawdown back down, and below $4,000 current profit the split is 50/50.

Fast Pass Funded Sim accounts keep the End of Day drawdown and have no milestones and no payout buffer, but position limits restart lower: 1 contract on the 25K, 2 on the 50K, 3 on the 100K and 4 on the 150K, scaling up by 1 contract for every $2,000 of profit calculated at End of Day. To request a payout the balance must be above the starting balance, you must show a net profit since the previous payout, complete at least 5 individual profitable trading days ($100, $150, $200 or $250 a day on the 25K, 50K, 100K and 150K) and request at least $250. Every payout is capped at 50% of the account balance (TradeDay's worked example applies this to the profit, not the full balance: a 50K account at $6,000 profit ($56k) qualifies for 50% of that, up to the payout cap). For accounts opened on and after July 26 2026 it is also capped at $750, $1,500, $1,875 or $2,250 by size, and no single day can make up more than 45% of your total gross profits; accounts opened before July 26 2026 have no Funded Sim consistency objective and caps of $2,000, $2,500 and $3,000 on the 50K, 100K and 150K. After a payout request, do not resume trading until you have received your payout; Day 1 of the next cycle begins at the start of the following trading session. On the first payout request the trailing max drawdown moves up to the starting balance and stays fixed there. All Fast Pass Funded Sim payouts are 80/20, and the account moves to Funded Live on your fifth payout request, or earlier if TradeDay sees consistency.

What this means for you: Fast Pass pays 80/20 from the first payout but needs five profitable days per payout, starts at a lower contract limit and caps each payout.

Funded Live accounts trade the live markets, and all withdrawals are split 90/10 in the trader's favour. You pay the professional market data fee of $156 per month, per Exchange, plus your trading commissions. A Fast Pass Funded Live account starts at a $0 balance with the same position limits as the Funded Sim; TradeDay's 50K example uses a $1500 TMD, so you grow the account to $2000 to lock in a $500 slippage buffer before withdrawing. A Quick Pay Funded Live account carries over the Funded Sim balance, with limits set by the balance brought over: $0–3K gets 2 minis (20 micros) and a $500 slippage limit, $3K–6K gets 3 (30) and $750, and $6K–10K gets 4 (40) and $1,000. On Quick Pay, payouts from the required buffer amount are split 50% and profit above the buffer gets the 90% split. Each trader can hold up to 5 Funded Live accounts, and losing one starts a 3-month cooling-off period before new evaluations.

What this means for you: Funded Live pays 90/10 but adds a $156 per month per exchange data fee, a buffer before withdrawals and a cooling-off if you lose the account.

TradeDay's Automated, Algo and Bot Trading help article (modified 28 November 2025, read on 18 October 2026) says automated trading systems are allowed on TradeDay's supported platforms (NinjaTrader, Tradovate, TradingView, Jigsaw and Quantower); TradeDay does not expose the Tradovate API for direct ATS connection; algos and bots purchased from a third party are forbidden, and if multiple users make the same trades the accounts are shut down. In the firm's words: to use an automated trading system you must use one of the platforms TradeDay supports; TradeDay does not make platform APIs available to traders; TradeDay does not evaluate systems you have purchased from third parties; and asks traders to read its prohibited trade practices so an ATS is not in breach. On copying, the Can I have multiple accounts? Can I use copy trader? article (modified 22 September, read on 18 October 2026) says copy trading is allowed across Evaluation and Funded Sim accounts (2 to 10 total) and between up to 5 Funded Live accounts; not between Funded Live and Evaluation or Funded Sim; trade copiers are allowed from your personal accounts into TradeDay. You also cannot have active trades simultaneously across a Funded Live account and an Evaluation or Funded Sim account, whether or not the trades are being copy-traded.

What this means for you: Bots OK on TradeDay's supported platforms if you built them; no third-party purchased bots; copy only within Eval/Sim or within Live.

These are TradeDesk HQ calculations from the TradeDay figures above, not figures TradeDay publishes. Target ÷ drawdown is 1.5 on the 25K ($1,500 ÷ $1,000) and the 50K ($3,000 ÷ $2,000), and 2.0 on the 100K and 150K. If you finish exactly at the profit target, the consistency rule's largest single day is $450, $900, $1,800 and $2,700 on Quick Pay (30%; the 50K $900 is TradeDay's own example) and $675, $1,350, $2,700 and $4,050 on Fast Pass (45%); a bigger day does not fail you, it raises the target. Because the trailing max drawdown stops at the starting balance, it stops trailing once the balance reaches $26,000, $52,000, $103,000 or $154,500 (TradeDay gives the 100K figure itself); on an Intraday drawdown that is peak equity including open profit, on End of Day the closing balance. With the 50-lot micro cap, the micro limit is 20 on the 25K and 50 on the 50K, 100K and 150K, so on the 100K and 150K micros stop at 50 although the contract limits are 10 and 15. Fast Pass Funded Sim payouts need five profitable days of at least $100, $150, $200 or $250, so at least $500, $750, $1,000 or $1,250 across the five qualifying days; losing days in between still count against the net profit needed since the previous payout. The Quick Pay $4,000 current profit level for the 80/20 split and the $10,000 gross profit Funded Live review are the same dollar figures on every size: $4,000 is 4×, 2×, 1.33× and 0.89× the 25K, 50K, 100K and 150K drawdown, and $10,000 is 10×, 5×, 3.33× and 2.22×. The losing-trade ladder at the top of this page uses CME contract point values (MNQ $2, MES $5, NQ $20 and ES $50 per point), not TradeDay figures, and its TOO TIGHT, WORKABLE and COMFORTABLE tags are a TradeDesk HQ rule of thumb: the drawdown is used up within 5 losing trades, within 6 to 9, or not before trade 10.

What this means for you: These ratios show how much room each size's limits leave; our arithmetic, not TradeDay figures.

(a) Prices: the pricing cards show list prices of $131, $240 and $360 for Quick Pay Intraday 50K, 100K and 150K, $400 for the 150K Quick Pay End of Day, and $189, $350 and $530 for Fast Pass 50K, 100K and 150K, while the help center account-size table lists $125, $230, $350, $395 and $180, $320, $480. (b) Resets: the help center reset table lists $96 and $144 for 100K and 150K Quick Pay Intraday and $165 and $250 for Fast Pass, while the cards say $108, $162, $175 and $265; the 25K and 50K figures and the whole Quick Pay End of Day column agree. (c) Fast Pass minimum days: the cards and two rules articles say 3 minimum trading days, while the Fast Pass article, the How It Works page and the home page FAQ say there is no minimum on Fast Pass, and the Fast Pass article and the home page FAQ add that you can pass in 3 days. (d) The Fast Pass payout policy and the cards give a $1,875 payout cap on the 100K; the Fast Pass overview article says $1,850. (e) The Quick Pay payout policy says requests submitted before 5:30 pm ET are processed by the next business day, and lower down that requests received before 5:30 pm CT are processed within 24 hours; the Quick Pay overview gives 5:30pm with no time zone. (f) The Fast Pass Funded Live article says the account gets the same End-of-Day drawdown from the original evaluation tier, but its 50K example uses a $1500 TMD, not the $2,000 evaluation figure. (g) The passed-evaluation onboarding article still lists Pay The Activation Fee as step 1, done automatically, while the cards and the fees article say there is no activation fee. (h) The home page pricing header says Up to 60% off!, while the banner says Now up to 55% OFF! and the cards are labelled 55% OFF and 50% OFF. (i) The cards word the Quick Pay split threshold as $4k net profit; the payout policy uses current profit and pays 80/20 only if the payout leaves more than $4,000. (j) The Fast Pass overview says the account will be moved to Funded Live after your fifth payout, while lower down and in the route-to-Funded-Live article it moves on your fifth payout request.

What this means for you: Where TradeDay's pages disagree, trust what your dashboard and checkout show and ask TradeDay support.

Commissions, platform setup, the permitted products list, the full prohibited trade practices, the CoPilot membership and accounts bought before TradeDay 2.0, which keep their original rules. Rules change; check tradeday.com and the help center before you buy.

What this means for you: Commissions, platforms and prohibited practices are not covered here; read them on TradeDay's help center before you trade.

• tradeday.com home page (pricing cards and FAQ)
• How It Works
• What is Quick Pay?
• What is Fast Pass?
• Differences between each account size (price table)
• Objectives and rules of the Quick Pay and Fast Pass evaluation
• What is the consistency objective?
• Minimum number of trading days objective
• What is the maximum drawdown rule?
• End of Day vs Intraday trailing max drawdown
• Permitted trading times guideline
• Why TradeDay bans tier 1 news and data release trading
• Can I access risk settings? (Tradovate self-set limits)
• How does monthly billing work? (reset table)
• What happens when the subscription renews?
• Are there any fees when I am funded?
• Multiple accounts
• Process after completing the evaluation
• Quick Pay Funded Sim payout policy
• Quick Pay Funded Sim: path to live trading
• Fast Pass Funded Sim payout policy
• Fast Pass Funded Sim: route to Funded Live
• Quick Pay and Fast Pass Funded Live trading rules
• Funded Sim vs Funded Live account
• Automated, Algo and Bot Trading
• Position limits, contracts vs micros (50-lot micro cap)
• TradeDay 2.0 launch post (blog)
• TradeDay on X (official account): higher account limits
• Can I have multiple accounts? Can I use copy trader?

Last checked 2026-10-15.