TradeDay vs Funded Trading Plus: Elite Prop Firms Comparison
Introduction
TradeDay and Funded Trading Plus represent two prominent players in the prop trading firm industry, each offering traders the opportunity to access capital without risking their own money. TradeDay stands out for its transparent evaluation process and competitive profit splits, earning a solid 4.3/5 rating on Trustpilot from over 750 reviews. Funded Trading Plus distinguishes itself with flexible trading parameters and a one-step evaluation model, maintaining a respectable 4.1/5 Trustpilot rating across more than 680 reviews. Both firms cater to traders seeking funded accounts but differ significantly in their approach to evaluation and ongoing support.
Quick Comparison
|
| Feature |
TradeDay |
Funded Trading Plus |
|
 |
|
| Founded |
2021 |
2020 |
| Trustpilot Rating |
4.3/5 (750+ reviews) |
4.1/5 (680+ reviews) |
| Evaluation Model |
Two-phase evaluation |
One-step evaluation |
| Profit Split |
Up to 90% |
Up to 85% |
| Account Sizes |
$10,000 to $200,000 |
$25,000 to $400,000 |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
TradeDay |
Funded Trading Plus |
| Standard Evaluation |
Two-phase challenge with profit targets and trading rules |
One-step evaluation with cumulative profit target |
| Express Evaluation |
Accelerated challenge with higher fees but faster funding |
Not offered |
| Demo Program |
Free trial available to test platform and conditions |
No free trial, paid evaluation only |
| Scaling Program |
Account size doubles after consistent profitability |
Account growth up to 25% per milestone achievement |
| Instant Funding |
Not available |
Available with higher initial fee and restricted parameters |
Assessment Criteria – How can you pass the test?
|
| Criteria |
TradeDay |
Funded Trading Plus |
| Profit Target |
8% for Phase 1, 5% for Phase 2 |
10% cumulative (one-phase) |
| Maximum Daily Loss |
5% of account balance |
4% of account balance |
| Maximum Overall Loss |
10% of initial balance |
8% of initial balance |
| Time Limit |
No time limit for either phase |
60 calendar days to meet target |
| Trading Days Requirement |
Minimum 10 trading days for each phase |
Minimum 5 trading days total |
| Consistency Rules |
No more than 15% of profit from a single trade |
No more than 20% of profit from a single day |
| News Trading |
Not allowed during high-impact events |
Allowed with increased margin requirements |
Fees and Pricing – How much will you pay?
|
| Option |
TradeDay |
Funded Trading Plus |
| $10,000 Account |
$99 |
Not offered |
| $25,000 Account |
$199 |
$249 |
| $50,000 Account |
$299 |
$349 |
| $100,000 Account |
$499 |
$549 |
| $200,000 Account |
$999 |
$1,049 |
| $400,000 Account |
Not offered |
$1,999 |
| Reset Fee |
50% of initial fee |
40% of initial fee |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
TradeDay |
Funded Trading Plus |
| Trading Platforms |
MetaTrader 4, MetaTrader 5 |
MetaTrader 4, MetaTrader 5, cTrader |
| Mobile Trading |
Available via MT4/MT5 apps |
Available via MT4/MT5/cTrader apps |
| Dashboard |
Comprehensive dashboard with real-time statistics |
Basic dashboard with key metrics |
| Trade Analysis Tools |
Advanced performance metrics and trade analysis |
Basic trade statistics |
| EAs and Algorithms |
Permitted with restrictions |
Fully permitted |
| Demo Environment |
Available for practice |
Limited to paid evaluation only |
Available Markets – What can you trade?
|
| Market |
TradeDay |
Funded Trading Plus |
| Forex |
28 major and minor pairs |
45+ currency pairs |
| Indices |
12 global indices |
18 global indices |
| Commodities |
Gold, Silver, Oil, Natural Gas |
10+ commodities including metals and energies |
| Cryptocurrencies |
Limited selection (BTC, ETH, LTC) |
20+ cryptocurrency pairs |
| Stocks/Equities |
Not available |
100+ US and European stocks |
| Trading Hours |
Standard market hours |
Extended hours for some instruments |
Trader Support & Resources – What help will you get?
|
| Feature |
TradeDay |
Funded Trading Plus |
| Customer Support |
24/5 via chat, email, ticket system |
12/5 via email and ticket system |
| Educational Resources |
Extensive library of videos, webinars, articles |
Basic guides and occasional webinars |
| Community |
Active Discord community with mentors |
Small community forum |
| Trading Coach |
Available for funded traders |
Not available |
| Performance Analysis |
Detailed analytics and improvement suggestions |
Basic statistics only |
| Payout Process |
Bi-weekly payments, multiple methods |
Monthly payments, limited methods |
Profit Sharing & Scaling – How can you grow?
|
| Feature |
TradeDay |
Funded Trading Plus |
| Initial Profit Split |
80% for trader |
75% for trader |
| Maximum Profit Split |
90% after consistency milestones |
85% after consistency milestones |
| Account Scaling |
Double account size after 10% profit |
25% increase after each 10% profit milestone |
| Scaling Timeline |
Every 4 months of profitable trading |
No time restriction, based on profit only |
| Multiple Accounts |
Discounts for multiple evaluations |
Consolidation of accounts available |
| Withdrawal Schedule |
Bi-weekly withdrawals |
Monthly withdrawals |
Conclusion and Final Recommendation
|
| Key Element |
TradeDay |
Funded Trading Plus |
| Strengths |
Higher profit splits, excellent education resources, comprehensive trader dashboard, active community, two-phase system allows gradual progression |
One-step evaluation process, wider range of available markets, flexible trading conditions, lower reset fees, larger maximum account sizes |
| Weaknesses |
Two-phase challenge takes longer to complete, slightly higher evaluation fees for some account sizes, more restrictive trading rules |
Lower profit splits, less comprehensive educational resources, limited customer support hours, higher minimum account size |
| Best For |
Traders who value education, community support, and higher profit splits; beginners who benefit from a structured evaluation process |
Experienced traders who prefer flexibility, wider instrument selection, and a faster one-step evaluation process |
| Final Grade |
4.4/5 |
4.2/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
FAQ
What makes TradeDay popular among users?
TradeDay has gained popularity for its transparent two-phase evaluation process, high profit splits (up to 90%), and extensive educational resources. Traders particularly appreciate the comprehensive dashboard that provides detailed analytics and the active community with mentors. The absence of time limits on challenges also removes unnecessary pressure and allows traders to develop consistent strategies at their own pace.
How does Funded Trading Plus differ from other similar organizations?
Funded Trading Plus stands out with its streamlined one-step evaluation process, which simplifies the path to funding compared to the traditional two-phase approach used by many competitors. They offer access to a wider range of trading instruments, including over 100 stocks and 20+ cryptocurrency pairs, which is uncommon in the prop firm space. Additionally, their account scaling system based purely on performance metrics without time restrictions gives traders more flexibility.
Which firm is better for beginner traders?
TradeDay generally offers a more supportive environment for beginners due to its extensive educational resources, active community with mentors, and the structured two-phase evaluation approach that allows for gradual skill development. Their lower minimum account size ($10,000) also creates a more accessible entry point, and the free demo program helps newcomers understand the evaluation process before committing financially. Funded Trading Plus, with its single-phase evaluation and fewer educational resources, is better suited for traders who already have experience.
What happens if I fail the evaluation at either company?
If you fail the evaluation at TradeDay, you can purchase a reset at 50% of the initial fee to restart the evaluation with the same account size. Similarly, Funded Trading Plus offers resets at 40% of the initial fee. Both firms maintain your account history and statistics, which can be valuable for analyzing what went wrong. Neither company offers free retries, although both occasionally run promotions with discounted reset fees. The evaluation parameters remain the same after a reset.
Can I trade using expert advisors (EAs) or automated strategies?
Both firms allow algorithmic trading, but with different approaches. TradeDay permits EAs with certain restrictions—they must not overtrade, must operate during standard market hours, and cannot be arbitrage-based. Funded Trading Plus is more permissive with fully allowed algorithmic trading with fewer restrictions, making it potentially more attractive for traders who rely heavily on automation. Both companies require that your trading strategy, whether manual or automated, adheres to their general rules regarding risk management and trading during major news events.
How was this 2 companies Comparison Created?
1. We Collect
Our team gathered comprehensive information directly from TradeDay and Funded Trading Plus official websites, terms of service documents, and public pricing pages. We supplemented this with verified user reviews from Trustpilot, Reddit communities (r/proprietary_trading, r/Daytrading), and social media feedback. Additionally, we interviewed current users of both platforms to gain first-hand insights into user experience, payout processes, and support quality.
2. We Examine
Our financial industry experts with trading experience thoroughly analyzed the collected data, verifying all claims against official documentation. We tested both platforms’ evaluation processes to understand their actual operation versus advertised features. This examination included assessing trading conditions, slippage, platform stability, and rule enforcement in real conditions.
3. We Score
Our proprietary scoring methodology evaluates each prop firm across seven key dimensions: evaluation fairness, trading conditions, profit split terms, pricing structure, platform reliability, customer support quality, and educational resources. Each category receives a weighted score based on relative importance to traders, with transparency and favorable trading conditions weighted more heavily than supplementary features.
4. You Choose
This comparison provides the factual foundation for your decision, but the best choice depends on your personal trading style, experience level, and goals. Consider whether you prefer TradeDay’s educational focus and community support or Funded Trading Plus’s flexibility and broader instrument selection. We recommend identifying your priorities (speed to funding, profit split percentage, available markets, etc.) and aligning them with the strengths of each firm before making your final decision.
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