Complete DayTraders Prop Firm Guide

DayTraders.com is a futures prop firm based in Las Vegas, Nevada¹. The firm offers 100% profit retention², one-time evaluation fees², and accounts from $25,000 to $300,000². DayTraders connects to TradersPost via ProjectX and has a 4.5/5 Trustpilot rating from 285 reviews³.

This guide covers the firm's three evaluation paths, trading rules, and automation capabilities.

Company Overview

DayTraders was founded by Leo Riot (Founder & CTO) and Martin Montaño (Co-Founder & COO)¹. Riot's background includes building trading platform infrastructure, with his software powering over $500M in revenue for other funding companies¹. The firm is located at 2300 W Sahara Ave, Suite 800, Las Vegas, Nevada¹.

DayTraders reported a 45% evaluation pass rate from January through September 2024².

Evaluation Programs

Trail Accounts (Intraday Trailing Drawdown)

The primary evaluation path with intraday trailing drawdown². The trailing threshold moves up as your account grows and locks once it reaches the starting balance⁴. No daily loss limit during evaluation².

• $25K: $1,500 profit target, $1,500 trailing drawdown, 3 mini / 30 micro²
• $50K: $3,000 target, $2,500 drawdown, 5 mini / 50 micro²
• $75K: $4,250 target, $2,750 drawdown, 7 mini / 70 micro²
• $100K: $6,000 target, $3,000 drawdown, 9 mini / 90 micro²
• $150K: $8,500 target, $4,500 drawdown, 12 mini / 120 micro²
• $250K: $10,000 target, $5,500 drawdown, 15 mini / 150 micro²
• $300K: $15,000 target, $7,000 drawdown, 20 mini / 200 micro²

Static Accounts (Fixed Drawdown)

Fixed drawdown that never moves from the starting balance². Tighter limits but more predictable risk management.

• $25K: $2,500 target, $750 static drawdown, 2 mini / 20 micro²
• $50K: $3,750 target, $1,000 drawdown, 3 mini / 30 micro²
• $75K: $4,500 target, $1,250 drawdown, 3 mini / 30 micro²
• $100K: $5,750 target, $1,500 drawdown, 4 mini / 40 micro²
• $150K: $6,750 target, $1,750 drawdown, 4 mini / 40 micro²
• $250K: $8,500 target, $2,000 drawdown, 5 mini / 50 micro²
• $300K: $12,000 target, $3,500 drawdown, 6 mini / 60 micro²

S2F (Straight to Funded)

Skip the evaluation entirely with EOD trailing drawdown and immediate funded access².

• $25K: $370, $1,000 EOD drawdown, 1 mini / 10 micro, no daily loss limit²
• $50K: $570, $2,500 EOD drawdown, 5 mini / 50 micro, $1,250 soft daily limit²
• $150K: $825, $6,000 EOD drawdown, 12 mini / 120 micro, $3,750 soft daily limit²

Profit Split and Payouts

100% Profit Retention

DayTraders offers 100% profit retention with no profit split².

Payout Structure

• Approval method: Automated²
• Processing times: Examples range from minutes to hours⁵
• Pro accounts: Payout every 8 qualifying trading days⁶
• S2F accounts: Payout every 10 qualifying trading days⁶
• Maximum withdrawal cap: $150,000 across all accounts⁶

Path to Live Funding

After completing 6 payout milestones across Pro/S2F accounts, traders can transition from the sim-funded phase⁶. Milestones can span multiple accounts (up to 5)⁶.

Trading Rules

• Trail drawdown: Intraday trailing (moves up with account, locks at starting balance)⁴
• Static drawdown: Fixed from Day 1²
• S2F drawdown: EOD trailing⁶
• Daily loss limit (Trail/Static eval): None²
• Daily loss limit (S2F): Soft limits on $50K and $150K accounts²
• Consistency rule (eval): 50% (no single day exceeds 50% of total profit)⁴
• Consistency rule (Pro): 30%⁶
• Consistency rule (S2F): 20%⁶
• Trading day: 6:00 PM ET to 5:00 PM ET the following day⁶
• Position closure: Traders may hold beyond 4:59 PM ET, but positions are subject to Mark-to-Market adjustments⁴
• News trading: Allowed but not recommended⁴
• Scalping: Allowed²
• DCA (Dollar Cost Averaging): Allowed⁴
• Hedging across accounts: Prohibited⁴
• High-frequency trading: Prohibited⁴
• Martingale: Prohibited⁶

Activity Requirements

• Monthly accounts: Minimum 1 trading day per 30-day billing cycle⁴
• Lifetime accounts: Minimum 4 trading days⁴

Minimum Daily Profit Thresholds

A qualifying trading day requires meeting a minimum profit threshold⁴:

• $25K: $100⁴
• $50K-$75K: $200⁴
• $100K-$250K: $300⁴
• $300K: $400⁴

Supported Platforms

• ProjectX: Proprietary web-based platform with TradingView charting and Rithmic execution (TradersPost compatible)²
• Rithmic: Via third-party platforms (Quantower, NinjaTrader, Jigsaw, etc.)²

Automation with TradersPost

DayTraders connects to TradersPost via ProjectX². Standard automation via TradersPost webhooks is supported. High-frequency trading is prohibited⁴, but standard algorithmic strategies operating at normal frequencies are permitted.

Traders can run up to 15 simultaneous evaluation accounts⁴, making DayTraders one of the most scalable prop firms for strategy testing.

Account Limits

• Evaluation accounts: Up to 15 simultaneous⁴
• Pro accounts: Maximum 5 active (up to 2 regular Pro + up to 3 S2F)⁶

Pros and Cons

Advantages

• 100% profit retention²
• Automated payout approvals²
• One-time evaluation fees with no monthly subscription²
• Accounts up to $300K with up to 20 mini contracts²
• 15 simultaneous evaluation accounts⁴
• Proprietary ProjectX platform with TradingView charting²
• TradersPost compatible via ProjectX²
• No daily loss limit on Trail and Static evaluations²
• $130 flat activation fee regardless of account size²
• 45% evaluation pass rate²
• 4.5/5 Trustpilot rating from 285 reviews³

Disadvantages

• Trail accounts use intraday trailing drawdown (more restrictive than EOD)²
• Consistency rules tighten from eval (50%) to Pro (30%) to S2F (20%)⁴⁶
• HFT and martingale explicitly prohibited⁴⁶
• $150,000 maximum withdrawal cap across all accounts⁶
• 6 payout milestones required to reach live funding⁶
• Maximum 5 funded accounts (2 Pro + 3 S2F)⁶
• Does not use Tradovate (ProjectX/Rithmic only)²

Conclusion

DayTraders offers 100% profit retention and a choice of three evaluation paths suited to different trading styles². The firm's proprietary ProjectX platform and one-time fee structure set it apart from competitors using monthly subscriptions.

For TradersPost users, the ProjectX integration provides automation capabilities for standard algorithmic strategies². The ability to run 15 simultaneous evaluation accounts makes it scalable for strategy testing⁴.

The main constraints are the intraday trailing drawdown on Trail accounts, tightening consistency rules on funded accounts, and the $150,000 withdrawal cap⁶. Verify current evaluation options, pricing, and rules on the DayTraders website before purchasing.

¹ DayTraders - About
² DayTraders - Main Website
³ DayTraders Trustpilot Reviews
⁴ DayTraders - Evaluation Account Rules
⁵ DayTraders - Payouts
⁶ DayTraders - Funded Account Trading Rules