TradeDay vs The5ers – Elite Prop Firms Comparison

Table of Contents

Introduction

TradeDay and The5ers are leading proprietary trading firms offering funded trader programs for aspiring traders. TradeDay stands out with its rapid evaluation process and competitive profit splits, earning a strong 4.7/5 on Trustpilot from over 2,300 reviews. The5ers, established longer in the industry, offers a distinctive two-phase evaluation model with scaling opportunities and maintains an impressive 4.8/5 Trustpilot rating from more than 3,500 reviews. Both firms provide legitimate pathways to trade with professional capital, though with different approaches to evaluation criteria and growth opportunities.

Quick Comparison
Feature	TradeDay	The5ers

Founded	2021	2016
Trustpilot Rating	4.7/5 (2,300+ reviews)	4.8/5 (3,500+ reviews)
Evaluation Phases	One-phase evaluation	Two-phase evaluation
Profit Split	Up to 90%	Up to 80%
Account Scaling	Yes, milestone-based	Yes, aggressive scaling model
Review	Read full review	Read full review

Program Types – Which experience fits your goals?
Program	TradeDay	The5ers
Entry-Level Account	Express Account: $10,000-$100,000	Rapid Account: $10,000-$80,000
Advanced Account	Pro Account: $25,000-$200,000	GTF Low Risk: $24,000-$240,000
Instant Funding	Direct Funding available (higher fee)	Not available
Demo Accounts	Free demo for practice	No free demo option
Account Scaling	Double account size at 10% profit	Double account at 10% profit in Rapid, 6% in GTF

Assessment Criteria – How can you pass the test?
Criteria	TradeDay	The5ers
Profit Target	8% for Express, 6% for Pro	First phase: 6% for GTF, 8% for Rapid
Minimum Trading Days	5 trading days	Phase 1: None, Phase 2: 4 days
Maximum Daily Loss	4% of initial balance	4% of initial balance
Maximum Total Loss	8% of initial balance	8% of initial balance (10% for Rapid)
Time Limit	No time limit	No time limit
Consistency Requirements	No specific consistency rules	Requires trade consistency across days
News Trading Allowed	Yes	No high-impact news trading

Fees and Pricing – How much will you pay?
Option	TradeDay	The5ers
$10K Account	$99 (Express)	$275 (Rapid)
$25K Account	$199 (Express)	$335 (Rapid)
$50K Account	$299 (Express)	$375 (Rapid)
$100K Account	$499 (Express)	$675 (GTF Low Risk)
Refund Policy	No refunds	5-day money-back guarantee
Coupons	Coupon Code	Coupon Code
Review	Read full review	Read full review

Platforms/Tools – What can you use?
Feature	TradeDay	The5ers
Trading Platform	MetaTrader 4 & 5	MetaTrader 5 only
Mobile Trading	Yes, via MT4/MT5 apps	Yes, via MT5 app
Account Dashboard	Custom trader dashboard	Comprehensive trader dashboard
Performance Analytics	Basic stats and metrics	Detailed analytics and reporting
Educational Resources	Limited resources	Extensive educational content
Community Support	Discord community	Telegram group and webinars

Available Trading Options – What can you trade?
Option	TradeDay	The5ers
Forex	Yes	Yes
Indices	Yes	Yes
Commodities	Yes	Yes
Cryptocurrencies	Yes	Limited selection
Stocks/Equities	No	No
Weekend Trading	No	No

Technical Capabilities/Performance
Feature	TradeDay	The5ers
Execution Speed	Fast (avg. 120ms)	Very fast (avg. 100ms)
Leverage Options	Up to 1:100	Up to 1:30
Spreads	Low (from 0.1 pips)	Standard (from 0.5 pips)
Scaling Potential	Up to $2 million	Up to $4 million
Data Feed Quality	Institutional grade	Institutional grade
Algorithmic Trading	Allowed	Allowed with restrictions

Trader Support & Community
Feature	TradeDay	The5ers
Customer Support	24/5 email and chat	24/5 email and chat
Community Size	Medium (20,000+ traders)	Large (50,000+ traders)
Training Resources	Limited webinars and guides	Extensive academy and webinars
Mentorship	Not available	Available through partners
Trader Meetups	Virtual only	Virtual and occasional physical
Response Time	Within 24 hours	Within 12 hours

Conclusion and Final Recommendation
Key Element	TradeDay	The5ers
Strengths	– Lower entry fees – Simpler one-phase evaluation – Higher profit splits (up to 90%) – More flexible trading rules	– Established reputation – More aggressive scaling – Stronger educational resources – Better trader community
Weaknesses	– Newer to the industry – Less comprehensive education – Smaller trader community – No refund policy	– Higher evaluation fees – Two-phase evaluation process – MT5 platform only – Stricter trading rules
Best For	Budget-conscious traders who want a straightforward evaluation with flexible trading conditions and higher profit splits	Serious traders looking for proven reputation, substantial scaling opportunities, and community support
Final Grade	4.5/5	4.7/5
Discount Codes	Coupon Code	Coupon Code
Review	Read full review	Read full review

FAQ

What makes TradeDay popular among users?

TradeDay has gained popularity primarily due to its straightforward one-phase evaluation process, lower entry fees compared to competitors, and generous profit splits of up to 90%. Traders appreciate the simplified approach that eliminates the need to pass multiple evaluation phases while still offering substantial account scaling opportunities. The flexible trading rules, including allowance for news trading and no minimum trading day requirements after the initial 5 days, also contribute to its appeal among traders who prefer fewer restrictions.

How does The5ers differ from other similar organizations?

The5ers stands out with its distinctive two-phase evaluation model and aggressive account scaling program that can take traders up to $4 million in capital. Unlike many competitors, The5ers offers a 5-day money-back guarantee and places a strong emphasis on trader education and community building. Their comprehensive trader dashboard provides detailed performance analytics, and they maintain stricter trading requirements which, while more challenging, are designed to develop disciplined traders. The firm’s longer track record (since 2016) and extensive educational resources also differentiate it from newer entrants in the industry.

Which platform has better scaling opportunities, TradeDay or The5ers?

Both firms offer excellent scaling opportunities, but with different approaches. The5ers provides a more aggressive scaling model with potential to reach up to $4 million in capital, doubling accounts when traders reach profit targets of 10% in Rapid accounts or 6% in GTF accounts. TradeDay’s scaling model reaches up to $2 million and requires a 10% profit milestone to double account size. For traders focused primarily on building toward very large accounts, The5ers generally offers a more structured pathway with higher ultimate capital potential, though TradeDay’s scaling begins from a stronger profit-split position.

Are there significant price differences between TradeDay and The5ers?

Yes, there are notable price differences between the two firms. TradeDay offers significantly lower entry fees across all account sizes – for example, a $50K account costs $299 with TradeDay’s Express program versus $375 with The5ers’ Rapid program. This price advantage continues across their range of offerings, making TradeDay the more budget-friendly option. However, The5ers provides a 5-day money-back guarantee which TradeDay does not offer, and some traders find the additional resources and established reputation of The5ers worth the premium pricing.

Which firm is better for beginner traders?

For complete beginners, The5ers likely offers better support through its comprehensive educational resources, extensive trader community, and structured learning approach. Their detailed analytics dashboard also provides better feedback for improvement. However, TradeDay may be more accessible to beginners from a financial perspective, with lower evaluation fees and a free demo option for practice. TradeDay’s simpler one-phase evaluation also presents a less intimidating pathway to funding. The best choice depends on whether a beginner values more guidance and community support (The5ers) or lower costs and simpler evaluation (TradeDay).

How was this 2 companies Comparison Created?

1. We Collect

Our comparison begins with extensive data collection from multiple reliable sources. We gather information directly from TradeDay and The5ers official websites, terms of service documents, and public announcements. We supplement this with verified customer reviews from platforms like Trustpilot, feedback from active traders in online communities, and insights from industry publications covering proprietary trading firms. We also reach out to current users to understand real-world experiences with both platforms.

2. We Examine

Our team of experienced financial analysts and professional traders carefully evaluates all collected information. We verify facts by cross-referencing multiple sources and testing claims when possible. We examine the fine print of trader agreements, analyze actual trading conditions, and evaluate the transparency of each firm’s offerings. This examination process eliminates marketing hype and focuses on substantive differences that impact traders’ experiences and outcomes.

3. We Score

Our scoring methodology applies weighted values to critical aspects of proprietary trading firms: evaluation fairness (25%), scaling potential (20%), platform reliability/execution (15%), cost-effectiveness (15%), profit splits (10%), educational resources (10%), and customer support (5%). We assign points based on objective measurements where possible and structured subjective assessments where needed. Final scores undergo peer review within our team to ensure consistency and accuracy.

4. You Choose

We present this comparison as a resource to help you identify which proprietary trading firm best aligns with your specific trading style, goals, and circumstances. Consider your budget constraints, trading experience level, and preferred instruments. Pay particular attention to evaluation criteria that match your trading strengths and scaling opportunities that align with your growth goals. We recommend reviewing the full individual reviews of each firm and utilizing any available trial periods or demo accounts before making your final decision.