OFP Funding vs TradeDay: Comprehensive Comparison
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Introduction
OFP Funding and TradeDay are two prominent proprietary trading firms that offer funded trading accounts to aspiring traders. OFP Funding (One For Prop) has established itself as a competitive player in the prop trading industry, offering flexible evaluation programs with generous profit splits and scalable account sizes. TradeDay has built a reputation for its straightforward evaluation process and trader-friendly rules, particularly appealing to both forex and futures traders. Both firms provide opportunities for traders to access substantial capital without risking their own money, though they differ significantly in their evaluation structures, trading rules, and fee models. On Trustpilot, OFP Funding maintains a solid rating with positive feedback regarding their payout reliability, while TradeDay is recognized for its transparent trading conditions and supportive trader community.
Quick Facts
Program Types
| Program | OFP Funding | TradeDay |
|---|---|---|
| Entry Level Program | Yes | Yes |
| Advanced Program | Yes | Yes |
| Scaling Options | Yes | Yes |
| Demo Account | No | Yes |
Rules & Assessment
| Criteria | OFP Funding | TradeDay |
|---|---|---|
| Profit Target | No | $10,000 gross ceiling (Quick Pay) |
| Maximum Drawdown | 10 | $2,000/$3,000/$4,500 by account size; trailing, freezing at starting balance |
| Minimum Trading Days | — | 5 |
| News Trading | Yes | No |
Fees & Pricing
| Option | OFP Funding | TradeDay |
|---|---|---|
| CFD $50K Account | USD 150 (80% split) / 180 (100% split) / Lite Account / One-time | Not offered |
| CFD $100K Account | USD 200 (80% split) / 240 (100% split) / Lite Account / One-time | Not offered |
| CFD $200K Account | USD 390 (80% split) / 468 (100% split) / Lite Account / 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 | OFP Funding discount | TradeDay discount |
Platforms & Markets
| Feature | OFP Funding | TradeDay |
|---|---|---|
| Trading Platforms | MT4, MT5, TradeLocker, cTrader, Match-Trade | — |
| Forex | Yes | No |
| Stocks | No | No |
| Indices | Yes | — |
| Commodities | Yes | No |
| Cryptocurrencies | Yes | No |
| Bonds | No | — |
| EA/Algo Trading | Yes | — |
Payout
| Feature | OFP Funding | TradeDay |
|---|---|---|
| Payout Terms | Bi-weekly, first withdrawal after 4 days | Minimum $250 |
| See all prop firm payouts → | ||
Verdict
| Key Element | OFP Funding | TradeDay |
|---|---|---|
| Strengths | Instant funding, No evaluation, Configurable daily loss limits, Up to 95% profit split, Wide platform selection, 4-day first payout, Scale to $5M | No daily drawdown, earned split, transparent pass rates (36%), trader-friendly consistency rule, Day One payouts |
| Weaknesses | 20% inconsistency score rule causes majority of denials, Trustpilot 3.6/5 with 23%+ one-star reviews, Widespread payout denial complaints | $10,000 profit ceiling confiscates excess, 50/50 starting split, metals banned, Quick Pay converts to intraday when funded, monthly subscription model |
| Best For | Experienced traders wanting immediate capital access without challenge phases | Futures traders avoiding daily loss limits; transparent disclosure valued |
Conclusion and Final Recommendation
Choose OFP Funding – Firm Review if you want a shorter evaluation at 0 phase, news trading allowed and coverage of forex, commodities and cryptocurrencies that the other does not offer. Choose TradeDay if a cheaper entry, from USD 125 and a demo account to test the platform first 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 OFP Funding’s programs?
OFP currently displays both Instant Mode and Challenge Mode. It should not be described as universally having no evaluation across all products. OFP Funding official rules.
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 OFP Funding and TradeDay?
The displayed Lite configuration shows an 80% share and a monthly payout day. Other configurations can differ; use the selected program’s conditions rather than a single biweekly or on-demand claim for the whole firm. OFP Funding official rules.
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 OFP Funding and TradeDay?
The displayed Lite configuration lists 3% daily and 5% overall drawdown, five minimum trading days and a 30-day account duration. An Instant label does not mean unrestricted withdrawals. OFP Funding official rules.
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 OFP Funding or TradeDay automatically the better choice?
No. The two firms lead on different things: OFP Funding – Firm Review has the shorter evaluation at 0 phase and market access the other lacks, namely forex, commodities and cryptocurrencies, while TradeDay has the cheaper entry at USD 125 and a demo account to test first. 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 OFP Funding 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