Trade Day Rules

Trade Day's plans state a maximum drawdown of 3% to 4% of the account size (drawdown type: trailing and end-of-day), across 12 plans. A consistency rule applies: 30% in the Quick Pay evaluation and 45% in the Fast Pass evaluation (a bigger day raises the target, not a fail); none on Quick Pay Funded Sim; 45% on Fast Pass Funded Sim accounts opened on or after July 26 2026. News trading is conditional: no trading from 2 minutes before to 2 minutes after tier 1 releases (FOMC, US CPI, Non-Farm Payrolls, EIA inventories for oil and gas, crop reports for ags); accidental breaches do not fail the account, abuse loses it.

Trade Day's plans state a maximum drawdown of 3% to 4% of the account size (drawdown type: trailing and end-of-day), across 12 plans.

A daily loss limit figure is not recorded in the plan details we hold. The firm may still set one, so check its rules page rather than assuming there is none.

Dollar amounts are the published percentage applied to the account size.

In Trade Day's words

Plan figures: “Price | $120 | $175 | $285 | $395 |” tradeday.freshdesk.com/…/103000304248-what-are-the-differences-between-each-account-size-

A consistency rule caps how much of your total profit a single trading day may account for. Here is what Trade Day states.

In Trade Day's words

Consistency rule: “The consistency percentage for QuickPay accounts is 30%.” tradeday.freshdesk.com/…/103000008849-what-is-the-consistency-objective-

In Trade Day's words

Minimum trading days: “For QuickPay accounts the minimum number of trading days is 5.” tradeday.freshdesk.com/…/103000008850-what-is-the-trade-for-a-minimum-number-of-days-objective-

Time limit: “There is no upper time limit, but we need to see a minimum number of days worth of trading data in order to complete this objective.” tradeday.freshdesk.com/…/103000008850-what-is-the-trade-for-a-minimum-number-of-days-objective-

In Trade Day's words

News trading: “TradeDay will auto-liquidate all open positions 2 minutes before TradeDay's tier 1 economic data releases , and open markets back up to trade 2 minutes after these releases.” tradeday.freshdesk.com/…/103000081072-can-i-trade-news-or-data-releases-

Expert advisors and automated trading: “Algos and Bots purchased from a third party and employed by the trader are forbidden.” tradeday.freshdesk.com/…/103000085101-automated-algo-and-bot-trading

Copy trading: “Traders can use a copy trader to copy trades from their personal account elsewhere into their TradeDay evaluation and Funded accounts.” tradeday.freshdesk.com/…/103000354796-multiple-accounts

Hedging: “Hedging is prohibited at TradeDay (the practice of simultaneously going long in one account and short in another account for the same product).” tradeday.freshdesk.com/…/103000121031-prohibited-trade-practices

High-frequency and latency arbitrage: “Using automated trading systems designed to scalp at an extremely high frequency. We do not allow strategies that produce more than 200 trades in a day.” tradeday.freshdesk.com/…/103000121031-prohibited-trade-practices

In Trade Day's words

Weekend holding: “Exit all positions 10 minutes before the close. No holding positions when the market closes.” tradeday.freshdesk.com/…/103000018874-what-is-the-permitted-trading-times-guideline-

Overnight holding: “Overnight trading is allowed, but any open positions must be closed before the market closes the next day.” tradeday.freshdesk.com/…/103000018874-what-is-the-permitted-trading-times-guideline-

Trading hours: “For CME products, a trading session is defined from the opening of the market at 5 pm CT through to the close the next day.” tradeday.freshdesk.com/…/103000018874-what-is-the-permitted-trading-times-guideline-

Fast Pass Funded Sim position limits start at 1 to 4 contracts by size and rise by 1 contract for every $2,000 of profit, calculated at end of day.

In Trade Day's words

Scaling plan: “your limit scales up by 1 contract for every $2,000 of profit, calculated at End of Day.” tradeday.freshdesk.com/…/103000405229-what-is-fast-pass-

Largest account size: “Quick Pay comes in four account sizes, and each is available with either an Intraday or End of Day trailing drawdown” tradeday.freshdesk.com/…/103000405228-what-is-quick-pay-

In Trade Day's words

Maximum number of accounts: “Traders can have up to 10 accounts at any one time.” tradeday.freshdesk.com/…/103000354796-multiple-accounts

Prohibited instruments: “TradeDay only allows its traders to trade the CME Group futures products, specifically those listed on the CME, CBOT, COMEX, and NYMEX.” tradeday.freshdesk.com/…/103000008862-what-are-the-permitted-products-guidelines-

Account sharing: “You agree that access to the Account will be limited to the User which subscribed under such account.” www.tradeday.com/…/terms-and-conditions

Inactivity: “If a user does not log into their Tradovate account for more than one calendar month, Tradovate will automatically archive the account.” tradeday.freshdesk.com/…/103000008899-are-there-any-inactivity-fees-or-minimum-trading-requirements-

Resets: “Or, wait for your next subscription payment to go through, and we will reset you for free at that time.” tradeday.freshdesk.com/…/103000008847-what-are-the-objectives-and-rules-of-the-quick-pay-and-fast-pass-evaluation-

These were not stated on the pages of Trade Day's site we read. They may be published somewhere we did not look, which makes them the questions to put to its support desk before paying.