FTUK vs TradeDay: Elite Prop Firms Comparison
Introduction
FTUK and TradeDay are leading prop trading firms that provide traders with funded accounts to trade financial markets. FTUK (Funded Trading UK) has built a strong reputation for its transparent evaluation process and responsive customer support, earning a 4.7/5 rating on Trustpilot. TradeDay offers competitive funding opportunities with flexible trading conditions and innovative evaluation methods, maintaining a solid 4.2/5 rating on Trustpilot. Both organizations allow traders to access substantial capital without risking their own money, but they differ significantly in their assessment processes, account options, and scaling opportunities.
Quick Comparison
|
| Feature |
FTUK |
TradeDay |
|
 |
|
| Founded |
2019 |
2020 |
| Trustpilot Rating |
4.7/5 (1,200+ reviews) |
4.2/5 (750+ reviews) |
| Funding Available |
Up to £400,000 |
Up to £200,000 |
| Profit Split |
80% (up to 90% with scaling) |
70% (up to 85% with scaling) |
| Assessment Model |
2-phase challenge model |
1-phase express evaluation |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
FTUK |
TradeDay |
| Standard Challenge |
Two-phase evaluation with specific profit targets and trading rules |
Single-phase express evaluation with profit target and time limit |
| Express Option |
Accelerated path to funded account with higher entry fee |
Not available |
| Swing Trading |
Extended time frames with relaxed rules for position holding |
Available with overnight holding allowed and weekend holding optional |
| Scaling Program |
Structured scaling up to £400K with consistent performance |
Performance-based scaling to £200K with consistent results |
| Demo/Trial |
7-day free trial available |
Free simulation account for practice before purchasing |
Assessment Criteria – How can you pass the test?
|
| Criteria |
FTUK |
TradeDay |
| Profit Target |
8% in Phase 1, 5% in Phase 2 |
10% single phase target |
| Time Limit |
No time limit on either phase |
30-day evaluation period |
| Maximum Drawdown |
5% daily, 10% overall |
5% daily, 8% overall |
| Minimum Trading Days |
10 trading days required in each phase |
8 trading days required in evaluation |
| Trading Hours |
Flexible hours, no restrictions |
Specific trading hours depending on instrument |
| News Trading |
Allowed with caution |
Restricted during high-impact events |
| Reset Options |
Paid reset available if maximum drawdown reached |
One free reset during evaluation phase |
Fees and Pricing – How much will you pay?
|
| Option |
FTUK |
TradeDay |
| £10,000 Account |
£99 |
£120 |
| £25,000 Account |
£199 |
£220 |
| £50,000 Account |
£299 |
£320 |
| £100,000 Account |
£499 |
£520 |
| £200,000 Account |
£999 |
£999 |
| Monthly Fees |
None |
£39.99 platform fee for funded accounts |
| Refund Policy |
Full refund if pass evaluation |
No refund policy |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Option |
FTUK |
TradeDay |
| Trading Platforms |
MetaTrader 4, MetaTrader 5 |
MetaTrader 4, MetaTrader 5, cTrader |
| Custom Indicators |
Allowed |
Allowed with approval |
| EAs/Automation |
Allowed with guidelines |
Limited automation allowed |
| Mobile Trading |
Fully supported |
Fully supported |
| Analytics Dashboard |
Comprehensive statistics and tracking |
Basic performance metrics |
| Educational Resources |
Extensive library, webinars, and community |
Basic guides and occasional webinars |
Available Options/Products
|
| Product |
FTUK |
TradeDay |
| Forex |
28+ major and minor pairs |
40+ pairs including exotics |
| Indices |
All major global indices |
Selected major indices |
| Commodities |
Gold, silver, oil, and more |
Limited selection |
| Cryptocurrencies |
Bitcoin, Ethereum, and 5+ others |
10+ cryptocurrency pairs |
| Stocks/Equities |
Not available |
Limited selection of US stocks |
Technical Capabilities/Performance
|
| Feature |
FTUK |
TradeDay |
| Execution Speed |
Ultra-fast (under 100ms) |
Standard (100-200ms) |
| Spreads |
Tight institutional spreads |
Standard market spreads |
| Leverage |
Up to 1:100 |
Up to 1:50 |
| Server Locations |
London, New York |
London only |
| Weekend Access |
Platform available for strategy planning |
Limited weekend access |
| Technical Support |
24/5 via live chat, email, and phone |
Email support with 24-hour response time |
Payout Structure and Scaling
|
| Feature |
FTUK |
TradeDay |
| Initial Profit Split |
80% trader / 20% firm |
70% trader / 30% firm |
| Maximum Profit Split |
90% trader / 10% firm |
85% trader / 15% firm |
| Payout Frequency |
Bi-weekly available |
Monthly only |
| Minimum Payout |
£100 |
£200 |
| Payout Methods |
Bank transfer, PayPal, Cryptocurrency |
Bank transfer, PayPal |
| Account Growth Path |
Clear milestone-based progression |
Performance-based evaluation |
| Scaling Timeline |
Every 3 months with consistent profits |
Every 4 months with target achievements |
Conclusion and Final Recommendation
|
| Key Element |
FTUK |
TradeDay |
| Strengths |
Higher profit splits (up to 90%), no time limits on challenges, larger maximum account size (£400K), comprehensive educational resources, no monthly fees |
Single-phase evaluation process, more trading instruments including stocks, one free reset during evaluation, competitive pricing for smaller accounts, cTrader platform option |
| Weaknesses |
Two-phase evaluation process takes longer, higher minimum trading days requirement, limited instrument selection compared to TradeDay |
Lower profit splits, monthly platform fees, stricter overall drawdown limits, less responsive customer support, lower maximum account size |
| Best For |
Serious traders looking for higher profit splits and larger account sizes who are confident in their ability to pass a thorough evaluation process |
Traders who prefer a quicker path to funding with a single-phase evaluation and those who want access to a wider range of trading instruments |
| Final Grade |
4.7/5 |
4.2/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
FAQ
What makes FTUK popular among users?
FTUK has gained popularity due to its transparent evaluation process, higher profit splits (up to 90%), and no time limit on challenges. Traders appreciate their responsive customer support and comprehensive educational resources. The absence of monthly fees and clear scaling pathway to accounts up to £400,000 are also significant factors in their popularity among serious traders.
How does TradeDay differ from other similar organizations?
TradeDay distinguishes itself with its single-phase express evaluation model, which provides a faster path to funding compared to the traditional two-phase approach. They offer a wider range of trading instruments including stocks and more cryptocurrency pairs. TradeDay also provides one free reset during evaluation and supports the cTrader platform, which some traders prefer over MetaTrader.
Can I hold positions overnight with both FTUK and TradeDay?
Yes, both FTUK and TradeDay allow overnight position holding. FTUK’s swing trading account is specifically designed for this purpose with relaxed rules for position holding. TradeDay also permits overnight holding on all accounts, though they have some restrictions during high-impact news events. Weekend holding is optional with TradeDay but generally allowed with FTUK’s swing trading accounts.
What happens if I fail the evaluation with either company?
With FTUK, if you breach the maximum drawdown, you can purchase a reset to restart the current phase. They don’t offer free resets but do provide a full refund of your initial fee if you successfully pass both phases. TradeDay offers one free reset during the evaluation phase if you breach the maximum drawdown. After that, you would need to purchase a new evaluation if you fail. Neither company offers refunds for failed evaluations.
Which firm is better for beginners in prop trading?
For complete beginners, TradeDay might be more accessible due to its single-phase evaluation process and lower barrier to entry. Their free simulation account allows practice before committing financially. However, FTUK offers superior educational resources and a 7-day free trial, which can be valuable for learning. Beginners should consider starting with smaller account sizes (£10,000-£25,000) with either firm to minimize initial investment while gaining experience.
How was this 2 companies Comparison Created?
1. We Collect
Our team gathered comprehensive data directly from FTUK and TradeDay’s official websites, terms of service documents, and public announcements. We supplemented this with verified customer reviews from Trustpilot, Reddit communities, and trading forums. We also consulted with traders who have experience with both platforms to gain firsthand insights into their evaluation processes, customer service quality, and payout reliability.
2. We Examine
Our financial analysts and trading experts carefully examined all collected information, verifying key metrics such as profit targets, drawdown limits, and fee structures. We tested both platforms’ demo environments to assess execution speed, platform stability, and user experience. Our team cross-referenced all claims against verified user experiences to ensure accuracy and identify any discrepancies between advertised features and actual performance.
3. We Score
We developed a comprehensive scoring methodology that evaluates each firm across multiple categories: evaluation process fairness, profit-sharing terms, platform reliability, customer support responsiveness, educational resources, scaling opportunities, and overall value. Each category received a weighted score based on its importance to traders, with critical factors like profit splits and drawdown rules given higher priority in the final assessment.
4. You Choose
Use this comparison as your starting point, but consider your personal trading style and goals when making a decision. If you value higher profit splits and have the patience for a thorough evaluation, FTUK might be your better option. If you prefer a quicker path to funding with more instrument variety, TradeDay could be more suitable. Consider starting with smaller account sizes to test either platform before making larger commitments, and always read the full terms and conditions before signing up.
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