TradeDay vs The5ers - Elite Prop Firms Comparison
Introduction
TradeDay and The5ers are leading proprietary trading firms offering funded trader programs for aspiring traders. TradeDay stands out as a futures-only specialist with a single-step evaluation and competitive 80–95% profit splits, earning a strong 4.6/5 on Trustpilot from 1,350 reviews. The5ers, founded in 2016, offers three distinct evaluation programs (Hyper Growth, High Stakes, Bootcamp) with scaling up to $4 million in funded capital and maintains an impressive 4.7/5 Trustpilot rating from 27,591 reviews. Note: The5ers does not accept US-based traders. Both firms provide legitimate pathways to trade with professional capital, though with different approaches to evaluation criteria and growth opportunities.
TL;DR: TradeDay (grade 8.9) offers a 50/50 below $4,000; 80/20 above $4,000; 90/10 at Funded Live profit split; The5ers (grade 9) offers 80-100%. Full side-by-side below, plus who each is best for. Our higher-rated pick: The5ers (9 vs 8.9).
Quick Facts
| Feature | TradeDay | The5ers |
|---|
|  |  |
| Founded | — | 2016 |
| Profit Split | 50/50 below $4,000; 80/20 above $4,000; 90/10 at Funded Live | 80-100% |
| Maximum Account Size | — | $4,000,000 |
| Evaluation Phases | 1 | 3 |
| Trustpilot Rating | 4.6 | 4.8 |
| Expert Grade | 8.9 | 9 |
Program Types
| Program | TradeDay | The5ers |
|---|
| Entry Level Program | Yes | High Stakes (2-Step) |
| Advanced Program | Yes | Hyper Growth (1-Step) |
| Scaling Options | Yes | Bootcamp (3-Step) |
| Demo Account | Yes | Available |
Rules & Assessment
| Criteria | TradeDay | The5ers |
|---|
| Profit Target | $10,000 gross ceiling (Quick Pay) | 5-10% |
| Maximum Drawdown | $2,000/$3,000/$4,500 by account size; trailing, freezing at starting balance | 10% |
| Minimum Trading Days | 5 | 3 |
| News Trading | No | Yes |
Fees & Pricing
| Option | TradeDay | The5ers |
|---|
| $10K Account | — | $39 |
| $25K Account | — | $176 |
| $50K Account | — | $278 |
| $100K Account | 115-160/month | $545 |
| $200K Account | — | Not available |
| Refund Policy | No refunds after purchase | No |
| Coupons / Discount | TradeDay discount | The5ers discount |
| Feature | TradeDay | The5ers |
|---|
| Trading Platforms | — | MetaTrader 5, cTrader |
| Forex | No | Yes |
| Stocks | No | No |
| Indices | — | Yes |
| Commodities | No | Yes |
| Cryptocurrencies | No | No |
| Bonds | — | Not available |
| EA/Algo Trading | — | Yes |
Payout
| Feature | TradeDay | The5ers |
|---|
| Payout Terms | Minimum $250 | Bi-weekly; minimum $150 threshold; bank 3%, Wise/crypto 2%, Hub Credits 0% |
| See all prop firm payouts → |
Verdict
| Key Element | TradeDay | The5ers |
|---|
| Strengths | No daily drawdown, earned split, transparent pass rates (36%), trader-friendly consistency rule, Day One payouts | Established 2016, 30,000+ verified payouts, Profit scales to 100%, No time limits, Multiple program options |
| Weaknesses | $10,000 profit ceiling confiscates excess, 50/50 starting split, metals banned, Quick Pay converts to intraday when funded, monthly subscription model | Non-refundable fees, Strict drawdown rules, US traders restricted, Withdrawal fees (2-3%), News trading prohibited on High Stakes |
| Best For | Futures traders avoiding daily loss limits; transparent disclosure valued | Structured traders seeking established firm with clear scaling path |
Verdict: Who each is best for: TradeDay — Futures traders avoiding daily loss limits; transparent disclosure valued. The5ers — Structured traders seeking established firm with clear scaling path.
FAQ
What makes TradeDay popular among users?
TradeDay has gained popularity due to its straightforward single-step evaluation process, monthly subscription pricing (from $87/mo on Intraday plans with the SAVE30 code), and competitive 80% Day One profit splits that scale up to 95%. Traders appreciate Day One Payouts on the funded account (withdrawals available from day one of funded trading with no consistency requirement), the $99 reset (or free at the next monthly renewal), and the futures-only specialisation across 6+ asset classes (Equity Index, FX Futures, Energy, Metals, Agricultural, and Bond futures). Founded in 2020 in Chicago, TradeDay has built a reputation among futures-only funded trader programs.
How does The5ers differ from other similar organizations?
The5ers stands out with three clearly differentiated evaluation programs – Hyper Growth (1-step, experienced traders), High Stakes (2-step, fastest route to funding), and Bootcamp (3-step, disciplined entry path) – plus a scaling program that can take traders up to $4 million in funded capital. The firm has processed over 30,000 verified payouts and holds a 4.7/5 Trustpilot rating from 27,591 reviews. Profit splits scale up to 100% for top performers, The firm does not accept US-based traders. Withdrawals carry transaction fees (3% bank, 2% Wise/crypto, 0% Hub Credits).
Which platform has better scaling opportunities, TradeDay or The5ers?
The two firms scale very differently. The5ers offers a structured path to $4 million in funded capital through consistent monthly performance milestones – High Stakes capital can double on monthly profit targets, with profit splits scaling up to 100% along the way. TradeDay does not publish a fixed scaling table on its public site; the maximum published account size is $150,000, with firm-side account-growth options available through the trader dashboard. For traders focused on building toward very large managed accounts, The5ers offers a clearer published pathway. TradeDay, by contrast, leads with Day One Payouts and an 80–95% profit split on the funded account from day one, which suits traders prioritising fast cash flow over ultimate capital ceiling.
Are there significant price differences between TradeDay and The5ers?
Yes, the firms use fundamentally different pricing models. TradeDay is a monthly subscription: a $50K Intraday plan starts from $87/mo (with the SAVE30 code) or $125/mo at full price, with a $99 reset mid-cycle or a free reset at the next monthly renewal. The5ers uses one-time evaluation fees per program – Challenge fees range from $35 (High Stakes 5K) up to $491 (High Stakes 100K). Per the firm review, challenge fees are not refundable on all programs. The5ers also charges withdrawal transaction fees (3% bank, 2% Wise/crypto, 0% Hub Credits), which TradeDay does not. Pick the model that matches your cash-flow preference: ongoing monthly cost (TradeDay) or single upfront cost (The5ers).
Which firm is better for beginner traders?
For complete beginners, the two firms suit different markets and learning styles. The5ers, founded in 2016 with a 30,000+ payout track record, offers structured trader development across three programs – Bootcamp in particular is designed for disciplined entry with a mandatory stop-loss and a 2% max risk per trade. However, US-based beginners cannot use The5ers (US traders are restricted). TradeDay offers a simpler single-step evaluation on a futures-only platform (Tradovate, NinjaTrader 8, TradingView, Jigsaw), with a free trial account to test conditions and the Trader Development Program for 1-on-1 coaching and trading psychology workshops. Pick the firm that matches the market you actually want to trade: Forex and CFDs via The5ers (non-US), or futures via TradeDay.
How was this 2 companies Comparison Created?
1. We Collect
Our comparison begins with extensive data collection from multiple reliable sources. We gather information directly from TradeDay and The5ers official websites, terms of service documents, and public announcements. We supplement this with verified customer reviews from platforms like Trustpilot, feedback from active traders in online communities, and insights from industry publications covering proprietary trading firms. We also reach out to current users to understand real-world experiences with both platforms.
2. We Examine
Our team of experienced financial analysts and professional traders carefully evaluates all collected information. We verify facts by cross-referencing multiple sources and testing claims when possible. We examine the fine print of trader agreements, analyze actual trading conditions, and evaluate the transparency of each firm’s offerings. This examination process eliminates marketing hype and focuses on substantive differences that impact traders’ experiences and outcomes.
3. We Score
Our scoring methodology applies weighted values to critical aspects of proprietary trading firms: evaluation fairness (25%), scaling potential (20%), platform reliability/execution (15%), cost-effectiveness (15%), profit splits (10%), educational resources (10%), and customer support (5%). We assign points based on objective measurements where possible and structured subjective assessments where needed. Final scores undergo peer review within our team to ensure consistency and accuracy.
4. You Choose
We present this comparison as a resource to help you identify which proprietary trading firm best aligns with your specific trading style, goals, and circumstances. Consider your budget constraints, trading experience level, and preferred instruments. Pay particular attention to evaluation criteria that match your trading strengths and scaling opportunities that align with your growth goals. We recommend reviewing the full individual reviews of each firm and utilizing any available trial periods or demo accounts before making your final decision.
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