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.

FeatureFunding TradersTradeDay
Funding Traders TradeDay
Founded2019
Profit Split80-90%50/50 below $4,000; 80/20 above $4,000; 90/10 at Funded Live
Maximum Account Size$1,000,000
Evaluation Phases21
Trustpilot Rating4.6
Expert Grade8.58.9
ProgramFunding TradersTradeDay
Entry Level ProgramYesYes
Advanced ProgramYesYes
Scaling OptionsYesYes
Demo AccountYesYes
CriteriaFunding TradersTradeDay
Profit Target5-12%$10,000 gross ceiling (Quick Pay)
Maximum Drawdown8-10%$2,000/$3,000/$4,500 by account size; trailing, freezing at starting balance
Minimum Trading Days105
News TradingYesNo
OptionFunding TradersTradeDay
CFD $10K AccountUSD 119 / Listed challenge / One-time
CFD $25K AccountUSD 229 / Listed challenge / One-time
CFD $50K AccountUSD 339 / Listed challenge / One-time
CFD $100K AccountUSD 599 / Listed challenge / One-time
CFD $200K AccountUSD 999 / Listed challenge / One-time
Futures $50K AccountUSD 125 / Quick Pay Intraday / Monthly
Futures $100K AccountUSD 230 / Quick Pay Intraday / Monthly
Futures $150K AccountUSD 350 / Quick Pay Intraday / Monthly
Coupons / DiscountFunding Traders discountTradeDay discount
FeatureFunding TradersTradeDay
Trading PlatformsDXTrade, TradeLocker, MetaTrader 5
ForexYesNo
StocksNoNo
IndicesYes
CommoditiesYesNo
CryptocurrenciesYesNo
Bonds
EA/Algo TradingNo
FeatureFunding TradersTradeDay
Payout TermsBank Wire Transfer, PayPal, Skrill, Cryptocurrency, WiseMinimum $250
See all prop firm payouts →
Key ElementFunding TradersTradeDay
Strengthsreasonable challenge requirements, trader-friendly policies, transparent fee structure, multiple challenge options, scaling programNo daily drawdown, earned split, transparent pass rates (36%), trader-friendly consistency rule, Day One payouts
Weaknessesexcessive 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 Fornew and experienced tradersFutures 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

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

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JoinProp 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.