TradeDay vs The5ers – Elite Prop Firms Comparison

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Introduction

TradeDay and The5ers are leading proprietary trading firms offering funded trader programs for aspiring traders. TradeDay stands out as a futures-only specialist with a single-step evaluation and competitive 80–95% profit splits, earning a strong 4.6/5 on Trustpilot from 1,350 reviews. The5ers, founded in 2016, offers three distinct evaluation programs (Hyper Growth, High Stakes, Bootcamp) with scaling up to $4 million in funded capital and maintains an impressive 4.7/5 Trustpilot rating from 27,591 reviews. Note: The5ers does not accept US-based traders. Both firms provide legitimate pathways to trade with professional capital, though with different approaches to evaluation criteria and growth opportunities.

FeatureTradeDayThe5ers
TradeDay The5ers
Founded2016
Profit SplitQuick Pay Sim: 50%/80% by portion around $4,000 current profit; Fast Pass Sim: 80%; Live: 90% eligible profits, Quick Pay buffer portion 50%
Maximum Account SizeUp to $4M on applicable Growth/Bootcamp scaling plans; High Stakes has its own lower ceiling
Evaluation Phases1High Stakes: 2 steps; Growth: 1 step; Bootcamp: 3 steps. Separate Futures programs.
Trustpilot Rating4.64.8
Expert Grade8.99
ProgramTradeDayThe5ers
Entry Level ProgramYesHigh Stakes (2-Step)
Advanced ProgramYesHyper Growth (1-Step)
Scaling OptionsYesBootcamp (3-Step)
Demo AccountYesAvailable
CriteriaTradeDayThe5ers
Profit Target$1,500/$3,000/$6,000/$9,000 for 25K/50K/100K/150K evaluations
Maximum Drawdown$1,000/$2,000/$3,000/$4,500 for 25K/50K/100K/150K evaluation and Funded Sim; trailing floor freezes at starting balance; Live rules differ
Minimum Trading DaysHigh Stakes: 3 profitable days per evaluation phase, each meeting the 0.5% threshold; other plans have their own requirements.
News TradingNoHigh Stakes: holding allowed, but order execution prohibited 2 minutes before/after high-impact news. Growth permits news subject to prohibited-strategy rules. Separate Futures rules.
Daily Loss Limit
Consistency / Best Day Rule
OptionTradeDayThe5ers
CFD $2.5K Account
CFD $5K Account
CFD $10K Account
CFD $25K Account
CFD $50K Account
CFD $100K Account
Futures $25K Account
Futures $50K Account
Futures $100K Account
Futures $150K Account
Refund PolicyNo refunds after purchaseNo
Coupons / DiscountTradeDay discountThe5ers discount
FeatureTradeDayThe5ers
Trading PlatformsTradovate, NinjaTrader, TradingView, Jigsaw, R-Trader Pro, Quantower, and 10 moreCFDs: MT5, cTrader and TradingView for non-US traders; TradingView only for US traders
ForexNoYes
StocksNoNo
IndicesYes
CommoditiesYes: permitted energy/agricultural futures; MGC/SIL limited; GC/SI/HG/PL restrictedYes
CryptocurrenciesNoYes on applicable CFD programs, including High Stakes; symbol and leverage limits vary.
BondsNot available
EA/Algo TradingYes
FeatureTradeDayThe5ers
Payout TermsMinimum $250. Quick Pay Sim: day-one eligibility with positive profit; $10,000 gross-profit live-transition review. Fast Pass Sim: 5 qualifying profitable days per payout, net profit since last payout and tier caps; 45% consistency for accounts opened from 26 July 2026.First withdrawal 14 days after funded activation, then every 2 weeks from the last approved withdrawal; minimum and caps vary by plan. Approved requests typically processed within 3 business days. Rise, crypto and bank transfer: 3.5%; bank fees may also apply. Hub Credits: 0%, non-cash.
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Key ElementTradeDayThe5ers
StrengthsNo standard daily loss limit; Quick Pay Sim day-one payouts and no funded consistency; Fast Pass Sim retains EOD drawdown; eligible live profits receive 90%Multiple evaluation routes; eligible scaling can increase profit share to 100%; no maximum completion deadline on core CFD evaluations, subject to inactivity limits
WeaknessesQuick Pay Sim: stop at $10,000 gross-profit review threshold, excess forfeited; 50%/80% payout portions; intraday funded drawdown. Standard metals restricted; MGC/SIL limits. Monthly subscription.Plan-specific drawdown, news and profitable-day rules; cash withdrawal fees; US platform choice restricted; fee reimbursement depends on the program and eligibility
Best ForFutures traders avoiding daily loss limits; transparent disclosure valuedStructured traders seeking established firm with clear scaling path

Conclusion and Final Recommendation

Choose TradeDay if you want a shorter evaluation at 1 phase. Choose The5ers if a lower 3-day minimum, a cheaper entry, from USD 19 and coverage of forex and commodities that the other does not offer matter more to you. Neither firm is better in the abstract. The right choice depends on your strategy, your budget and the instruments you trade, so read both full reviews before you commit. Verify current rules and pricing on each firm’s own site before purchasing.

Frequently asked questions

How We Compared TradeDay and The5ers

Both firms carry a JoinProp Rating out of 10, scored on the same nine weighted factors, led by payout reliability at 20%, then fee structure, drawdown rules and profit split at 15% each. The scores come from our own firm reviews, built from each firm’s current terms rather than its marketing pages and re-checked at least every 90 days. Affiliate relationships have no effect on any rating, and ratings are never sold. The tables above are the evidence behind those scores. Read our full ranking methodology.

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JoinProp By JoinProp Content Team