TradeDay

Position limits: Position limits are 2 contracts (20 micros) on a 25K, 5 (50 micros) on a 50K, 10 on a 100K and 15 on a 150K, applied in the evaluation and the funded account alike.

Futures accounts are sized by contract limit and exchange margin rather than by a leverage multiplier, so no forex-style leverage figure applies.

Risk model: A trailing maximum drawdown of $1,000 (25K), $2,000 (50K), $3,000 (100K) and $4,500 (150K). The evaluation variant decides how it is measured - live equity on Intraday, the close on End of Day - but every funded account reverts to an intraday-calculated trailing drawdown. Consistency is 30% on the standard variants with a five-day minimum, or 45% on Risk Managed with a three-day minimum; the funded account has no consistency rule at all.

Evaluations are billed monthly with no activation fee, and the reset price matches the monthly fee. The same account size is sold at three different prices depending on how the drawdown is measured and how tight the consistency rule is - the Intraday version is cheapest, the End of Day version costs more, and the Risk Managed version costs the most while cutting the minimum trading days from five to three. Funded accounts carry no payout buffer, no milestones and no consistency rule, with a one-day minimum before a payout can be requested and a $250 minimum request. Accounts are available on both Tradovate and Rithmic, and TradeDay advertises Quick Pay processing.

Payout frequency: From day one - a minimum of one trading day, no payout buffer and no consistency rule on the funded account, with a $250 minimum request.

Profit split: 50% below $4k net profit · 80% above $4k · 90% in Funded Live

Maximum allocation: $150,000