TradeDay - My Review

Trade Day is a great Prop Firm to choose, for many it's their top choice. The owners are long time traders themselves. They have smaller profit targets compared to many other companies, but their daily drawdown is a little smaller most as well. They have no intraday trailing down either. They also put you in a real funded account once you pass the evaluation phase - there is no sim trading like most other companies. There's no scaling rules in the evaluation, but they do have scaling rules in the funded account. This is a good thing because it forces you to think more long term instead of just looking for windfall profits. They also don't have any withdrawal restrictions. Let's say you make 7k on your first day and you want to pay yourself some money - this is not a problem at all. They now have a 150k and 250k tier account sizes so that's very nice. You get to keep the first 10k of profit and then it's a 90/10 split, however you are only allowed to have one account at a time. They also have a nice free trial, so if you want to get some practice on the platform and get a feel for trading futures, you can test your skills for free.