How to Get Funded with TradeDay

Getting funded with TradeDay requires passing a single-phase evaluation by reaching a profit target without breaching the drawdown limit¹. With three drawdown types (Intraday, EOD, and Static), no daily loss limit, and no time limit, traders choose the model that matches their approach¹.

This guide covers each evaluation type, the requirements for passing, and the path from evaluation to funded trading with day-one payouts.

Choosing Your Drawdown Type

Intraday Trailing Drawdown

Trails your highest intraday equity in real time². If your $50K account peaks at $53,000, the drawdown floor moves to $51,000. The trailing stops once the floor reaches starting balance ($50,000)². Most aggressive type. Best for scalpers with tight risk management.

End of Day (EOD) Trailing Drawdown

Updates based on end-of-day closing balance only². However, if equity drops below the active drawdown level during the session, auto-liquidation still triggers². Best for traders who experience intraday drawdowns but finish sessions near highs.

Static Drawdown

Fixed drawdown that never moves². On a $50K account, the floor stays at $49,500 regardless of profits earned. Every dollar of profit increases your buffer. Tighter drawdowns ($500-$1,000) and lower profit targets ($1,500-$3,750)¹. Best for conservative, steady traders.

Evaluation Parameters

Intraday and EOD¹:

• $50K: $3,000 target, $2,000 trailing DD, 5 contracts (50 micros)
• $100K: $6,000 target, $3,000 trailing DD, 10 contracts (100 micros)
• $150K: $9,000 target, $4,000 trailing DD, 15 contracts (150 micros)

Static¹:

• $50K: $1,500 target, $500 fixed DD, 1 contract (10 micros)
• $100K: $2,500 target, $750 fixed DD, 2 contracts (20 micros)
• $150K: $3,750 target, $1,000 fixed DD, 3 contracts (30 micros)

Evaluation Rules

Minimum Trading Days

At least 5 trading days are required³. No maximum time limit to pass¹.

30% Consistency Rule

During evaluation only, no single day's profit can exceed 30% of total profits³. Exceeding 30% does not cause failure — the profit target increases using the formula: best day's profit divided by 0.30³. This rule does not apply on funded accounts.

Position Closure

• All positions must close before market close — no overnight holds⁴
• Positions auto-liquidated 10 minutes before daily market close⁴
• Positions auto-liquidated before Tier 1 economic data releases (FOMC, NFP, CPI)⁴

Only Way to Fail

Breaching the maximum drawdown is the only way to lose an evaluation¹. Rule violations for trading times or products trigger auto-liquidation rather than automatic failure¹.

After You Pass

Onboarding

After passing, complete a 4-step onboarding within 30 days⁵: pay the $139 activation fee, set up Riseworks for payouts, complete the Rules & Regulations course, and choose Funded Sim or Funded Live⁵.

Funded Sim

Instant setup, no professional data fees, simulated execution⁶. Up to 3 Funded Sim accounts simultaneously⁷. Day-one payouts available⁸.

Funded Sim Milestones

Progress is reviewed at $5,000 gross profit increments ($5K, $10K, $15K, $20K)⁹. At each milestone, the Head of Trading reviews performance. Most traders reaching the $20,000 milestone advance to Funded Live⁹. Traders may also be considered for Funded Live after 3 withdrawals⁹.

Funded Live

Approximately 5 business days to set up with KYC/AML checks⁶. Professional market data required at $156/month per exchange⁶. Real capital, live market execution. Limited to 1 Funded Live account⁷.

Payout Structure

• Split: 80% (first $50K), 90% ($50K-$100K), 95% (above $100K)⁸
• Frequency: Daily from day one⁸
• Minimum: $250⁸
• Processing: Next business day via Riseworks⁸
• Buffer zone profits: 50/50 split⁸

Buffer Zones

Your balance must exceed the buffer zone (starting balance + drawdown amount) before withdrawing⁸:

• $50K Trailing: Must reach $52,000
• $50K Static: Must reach $50,500
• $100K Trailing: Must reach $103,000
• $150K Trailing: Must reach $154,000

Tips for Passing

Match Drawdown Type to Style

If your strategy has intraday swings but closes well, choose EOD. If you are a precise scalper, Intraday is cheaper. Static works for consistent small gains but has very tight drawdown.

Manage the 30% Rule

The consistency rule does not cause failure — it only raises the target³. Spread profits across multiple days to avoid extending your goal unnecessarily.

Use the Free Reset

Every subscription renewal includes a free reset¹. If your evaluation goes wrong early, continue trading until renewal for a fresh start at no extra cost.

Conclusion

Getting funded with TradeDay offers flexibility through three drawdown types¹, no time limit, and no daily loss limit. The 30% consistency rule during evaluation is forgiving since it only raises the target rather than failing the account³.

Day-one payouts⁸ and the milestone-based path to live capital⁹ make TradeDay a trader-friendly option. Verify current rules and pricing on the TradeDay website before purchasing.

References

¹ TradeDay - How It Works
² TradeDay Help Center - Maximum Drawdown Rule
³ TradeDay Help Center - Evaluation Objectives and Rules
⁴ TradeDay Help Center - Funded Account Rules
⁵ TradeDay Help Center - Post-Evaluation Process
⁶ TradeDay Help Center - Funded Sim vs Funded Live
⁷ TradeDay Help Center - Multiple Accounts
⁸ TradeDay Help Center - Payout Policy
⁹ TradeDay Help Center - Funded Sim Milestones