TradeDay rules: drawdown, consistency, news trading, EAs and payouts
What TradeDay publishes on drawdown, loss limits, consistency, news trading, EAs, weekend holding and payouts across 3 products. Every value below is read from TradeDay’s own website; rows we could not confirm say so.
Rules at a glance
| Rule | TradeDay | Source |
|---|---|---|
| Drawdown type | Varies by product
| Checked Oct 15, 2026Firm’s wording“The Evaluation Quick Pay comes in four account sizes, and each is available with either an Intraday or End of Day trailing drawdown”“The Trailing Maximum Drawdown (TMD) for all Funded Sim Quick Pay accounts are calculated intraday.” |
| Daily loss limit | None None (single rule: trailing maximum drawdown) | Checked Oct 15, 2026Firm’s wording“ONE RULE.ONE WAY TO FAIL Maximum Drawdown Don’t exceed the maximum drawdown.” |
| Maximum loss | $1,000 (25K) / $2,000 (50K) / $3,000 (100K) / $4,500 (150K) |
Firm’s wording“| Trailing max drawdown | $1,000 | $2,000 | $3,000 | $4,500 |”“Fast Pass Evaluations ... Maximum Drawdown | $1,000 | $2,000 | $3,000 | $4,500” |
| Consistency rule | Varies by product
|
Firm’s wording“Third, stay consistent: no single day can account for more than 30% of your total profits.”“For accounts opened on and after July 26 2026, accounts must satisfy the consistency objective: no single day can make up more than 45% of your total gross profits” |
| News trading | Allowed with conditions restricted |
Firm’s wording“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.” |
| Expert Advisors (EAs) | Allowed with conditions restricted | Checked Oct 14, 2026 · product page capture |
| Weekend holding | Not allowed not allowed | Checked Oct 15, 2026Firm’s wording“Exit all positions 10 minutes before the close. No holding positions when the market closes.” |
| Profit split | Varies by product
|
Firm’s wording“Profit splits on Funded Sim accounts are tiered based on current profit in the account. Below the $4,000 current profit level, payouts are split 50/50. Above $4,000, the split improves to 80/20 in your favour, but only if the payout still leaves more than $4,000 in current profit in the account after the withdrawal.”“Withdrawals from Funded Live accounts are subject to a 90/10 profit split, with you keeping 90%.”“There will be an 80/20 profit split.” |
| Payout frequency | Varies by product
|
Firm’s wording“You can request your first payout after just one day of trading, and you can withdraw at any time as long as your account balance is positive.”“traders must meet the following conditions before requesting a payout and for subsequent payout requests.”“The trader must complete a minimum of 5 individual profitable trading days (days do not need to be consecutive)” |
| Platforms | Tradovate, NinjaTrader, TradingView, Jigsaw, R|Trader Pro, Quantower, ATAS, MotiveWave, Bookmap, Sierra Chart, EdgeProX, Finamark, VolFix, WealthCharts, MultiCharts, Overcharts | Checked Oct 15, 2026Firm’s wording“CQG Platforms - Tradovate - NinjaTrader - TradingView & Jigsaw ... Rithmic Platforms ... R|Trader Pro - Quantower - Rithmic - ATAS - Motivewave - BookMap - Jigsaw - Rithmic - Sierra Chart - EdgeProX - Finamark - Volfix - WealthCharts - Multicharts - Overcharts” |
Rules by product
| Product | Phases | Profit target | Min. trading days | Drawdown | Profit split | Checked |
|---|---|---|---|---|---|---|
| Quick Pay - Intraday | 1 | 6% | 5 | Trailing (intraday) | 50% (Funded Sim, below $4,000 current profit) · 80% (Funded Sim, above $4,000 current profit and the payout leaves more than $4,000) · 90% (Funded Live) | Oct 14, 2026 |
| Quick Pay - End of Day | 1 | 6% | 5 | End-of-day trailing | 50% (Funded Sim, below $4,000 current profit) · 80% (Funded Sim, above $4,000 current profit and the payout leaves more than $4,000) · 90% (Funded Live) | Oct 14, 2026 |
| Fast Pass - End of Day | 1 | 6% | not confirmed | End-of-day trailing | 80% | Oct 14, 2026 |
Our take
TradeDay sells Quick Pay on speed: a payout request after one funded day, a $250 minimum and no buffer. What decides your take-home is the split. Below $4,000 of current profit, Quick Pay pays 50/50. TradeDay's own example: with $6,000 of profit on a 50K, a $3,000 request pays $2,100, because only the first $2,000 sits above the $4,000 line at 80/20.
The second trap is the drawdown. Choosing the End of Day evaluation doesn't carry over: every Quick Pay Funded Sim account trails intraday. TradeDay calculates that line on gross profit, payouts included, so it keeps trailing after you withdraw. At $10,000 of gross profit the account is paused for a Funded Live review, and profit above $10,000 is removed.
Fast Pass is the other route. It pays 80/20 and stays end-of-day trailing once funded. Each payout needs 5 profitable days, and accounts opened from 26 July 2026 must keep any single day at or below 45% of gross profit.
Every evaluation has one risk rule: the trailing maximum drawdown, $1,000 to $4,500 by size. Quick Pay adds 5 minimum days and a 30% consistency cap. TradeDay auto-liquidates open positions 2 minutes before its tier 1 data releases and wants you flat 10 minutes before the close.
Pick Fast Pass if you can bank 5 profitable days before the first payout. Choose Quick Pay only if an early, small withdrawal matters more than the split.
Sources
- tradeday.com/how-it-works — checked Oct 15, 2026
- tradeday.freshdesk.com/en/support/solutions/articles/103000008813-which-trading-platforms-does-tradeday-use- — checked Oct 15, 2026
- tradeday.freshdesk.com/en/support/solutions/articles/103000018874-what-is-the-permitted-trading-times-guideline- — checked Oct 15, 2026
- tradeday.freshdesk.com/en/support/solutions/articles/103000081072-can-i-trade-news-or-data-releases- — checked Oct 15, 2026
- tradeday.freshdesk.com/en/support/solutions/articles/103000304248-what-are-the-differences-between-each-account-size- — checked Oct 15, 2026
- tradeday.freshdesk.com/en/support/solutions/articles/103000404096-fast-pass-funded-sim-payout-policy — checked Oct 26, 2026
- tradeday.freshdesk.com/en/support/solutions/articles/103000405228-what-is-quick-pay- — checked Oct 26, 2026
- tradeday.com/ — checked Oct 14, 2026