Funding Traders vs TradeDay: Elite Prop Firms Comparison
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Introduction
Funding Traders and TradeDay have emerged as notable proprietary trading firms offering funded trading accounts to qualified traders. Funding Traders stands out for its straightforward evaluation process and competitive profit splits, currently maintaining a solid 4.6/5 rating on Trustpilot. TradeDay distinguishes itself with innovative scaling plans and flexible trading parameters, holding a 3.5/5 Trustpilot rating. Both firms provide pathways for traders to access substantial capital without risking their own money, though they differ significantly in their approach to trader evaluation and ongoing support.
Quick Facts
Program Types
| Program | Funding Traders | TradeDay |
|---|---|---|
| Entry Level Program | Yes | Yes |
| Advanced Program | Yes | Yes |
| Scaling Options | Yes | Yes |
| Demo Account | Yes | Yes |
Rules & Assessment
| Criteria | Funding Traders | TradeDay |
|---|---|---|
| Profit Target | 5-12% | $10,000 gross ceiling (Quick Pay) |
| Maximum Drawdown | 8-10% | $2,000/$3,000/$4,500 by account size; trailing, freezing at starting balance |
| Minimum Trading Days | 10 | 5 |
| News Trading | Yes | No |
Fees & Pricing
| Option | Funding Traders | TradeDay |
|---|---|---|
| CFD $10K Account | USD 119 / Listed challenge / One-time | Not offered |
| CFD $25K Account | USD 229 / Listed challenge / One-time | Not offered |
| CFD $50K Account | USD 339 / Listed challenge / One-time | Not offered |
| CFD $100K Account | USD 599 / Listed challenge / One-time | Not offered |
| CFD $200K Account | USD 999 / Listed challenge / One-time | Not offered |
| Futures $50K Account | Not offered | USD 125 / Quick Pay Intraday / Monthly |
| Futures $100K Account | Not offered | USD 230 / Quick Pay Intraday / Monthly |
| Futures $150K Account | Not offered | USD 350 / Quick Pay Intraday / Monthly |
| Coupons / Discount | Funding Traders discount | TradeDay discount |
Platforms & Markets
| Feature | Funding Traders | TradeDay |
|---|---|---|
| Trading Platforms | DXTrade, TradeLocker, MetaTrader 5 | — |
| Forex | Yes | No |
| Stocks | No | No |
| Indices | Yes | — |
| Commodities | Yes | No |
| Cryptocurrencies | Yes | No |
| Bonds | — | — |
| EA/Algo Trading | No | — |
Payout
| Feature | Funding Traders | TradeDay |
|---|---|---|
| Payout Terms | Bank Wire Transfer, PayPal, Skrill, Cryptocurrency, Wise | Minimum $250 |
| See all prop firm payouts → | ||
Verdict
| Key Element | Funding Traders | TradeDay |
|---|---|---|
| Strengths | reasonable challenge requirements, trader-friendly policies, transparent fee structure, multiple challenge options, scaling program | No daily drawdown, earned split, transparent pass rates (36%), trader-friendly consistency rule, Day One payouts |
| Weaknesses | excessive fees, strict trading rules, high profit targets, capital loss risk, slow withdrawals | $10,000 profit ceiling confiscates excess, 50/50 starting split, metals banned, Quick Pay converts to intraday when funded, monthly subscription model |
| Best For | new and experienced traders | Futures traders avoiding daily loss limits; transparent disclosure valued |
Conclusion and Final Recommendation
Choose Funding Traders – Elite Firm Review if you want a cheaper entry, from USD 119, news trading allowed and coverage of forex, commodities and cryptocurrencies that the other does not offer. Choose TradeDay if a shorter evaluation at 1 phase and a lower 5-day minimum 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
What should I know about Funding Traders’s programs?
FundingTraders has separate Pro and Instant programs. Its 2-Step Pro account has two evaluation phases and program-specific payout terms. Funding Traders official rules; Funding Traders official program information.
What should I know about TradeDay’s programs?
TradeDay offers a Make It Take It futures program with evaluation and Funded Sim stages. The published evaluation requires five trading days and a 30% consistency limit. TradeDay official rules.
How do payouts differ between Funding Traders and TradeDay?
The 2-Step Pro guide lists an 80% default share with optional 90% or 100% upgrades. The first payout is normally available 21 days after the first funded trade; the 14-day add-on changes that schedule. Funding Traders official rules; Funding Traders official program information.
Make It Take It lists a $250 minimum request and eligibility from one funded trading day, subject to its rules. Its split is 50/50 below $4,000 net profit, 80/20 above $4,000 and 90/10 in Funded Live. TradeDay official rules.
Which account rules matter when comparing Funding Traders and TradeDay?
For 2-Step Pro purchases on or after May 8, 2026, the evaluation-fee refund is tied to the second qualifying payout, rather than simply passing the evaluation. Risk-management violations can also affect rewards. Funding Traders official rules; Funding Traders official program information.
The selected evaluation can use end-of-day or intraday drawdown, while the displayed Funded Sim rules use intraday drawdown. Do not assume those stages have identical loss calculations. TradeDay official rules.
Is Funding Traders or TradeDay automatically the better choice?
No. The two firms lead on different things: Funding Traders – Elite Firm Review has the cheaper entry at USD 119 and market access the other lacks, namely forex, commodities and cryptocurrencies, while TradeDay has the shorter evaluation at 1 phase and the lower 5-day minimum. Which of those matters more depends on how you actually trade, so compare how each firm measures drawdown, the total fee once add-ons and resets are included and the evaluation objectives for the exact program you buy, rather than the headline numbers. If you fail an evaluation, do not assume either firm offers a fixed reset discount: check the reset terms for the specific account you bought.
How We Compared Funding Traders and TradeDay
Both firms on this page carry a JoinProp Rating out of 10. We produce that rating with the same 9-factor methodology we apply to every firm we review: payout reliability (20%), fee structure (15%), drawdown rules (15%), profit split (15%), evaluation terms (10%), trading rules (10%), support access and responsiveness (5%), scaling plan (5%), and track record and transparency (5%).
The inputs come from our firm reviews, not from this page. For each firm we work from the current terms and conditions rather than marketing pages, track rule and pricing changes over time, and read payout and support reports across Trustpilot, Reddit and Discord, looking for recurring patterns rather than isolated complaints. Every firm is re-checked at least every 90 days, or sooner after a material change. Affiliate relationships have no effect on any rating, and ratings are never sold.
The tables above show the evidence behind those factors. A few rows, including trading platforms, available instruments, maximum account size and demo availability, are there to help you judge fit and do not affect either rating.
Read our full ranking methodology