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.
| Quick Comparison | ||
|---|---|---|
| Feature | TradeDay | The5ers |
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| Founded | 2020 (Chicago) | 2016 (Israel) |
| Trustpilot Rating | 4.6/5 (1,350 reviews) | 4.7/5 (27,591 reviews) |
| Evaluation Phases | Single-step (Intraday, EOD, or Static drawdown variants) | 1-Step (Hyper Growth), 2-Step (High Stakes), or 3-Step (Bootcamp) |
| Profit Split | 80% Day One, up to 95% | 80% starting, scales to 100% |
| Account Scaling | Not publicly disclosed (max account $150K) | Scaling up to $4 million through consistent performance milestones |
| Review | Read full review | Read full review |
| Program Types – Which experience fits your goals? | ||
|---|---|---|
| Program | TradeDay | The5ers |
| Entry-Level Account | Intraday plan: $50,000 starting size (smallest TradeDay account; no $10K option) | Hyper Growth: $5,000–$50,000 (1-step, experienced traders) |
| Advanced Account | Intraday / EOD / Static plans at $100K and $150K (max published account size) | High Stakes: $5,000–$100,000 (2-step); Bootcamp: $100,000–$250,000 (3-step, mandatory stop-loss) |
| Instant Funding | Fast-Track Option: premium fee skips directly to funded account upon meeting criteria | Not offered (all programs are evaluation-based) |
| Demo Accounts | Free trial available to test trading conditions before purchase | Not separately advertised by The5ers |
| Account Scaling | Not publicly disclosed; check dashboard for current account-growth options | Scales up to $4M through consistent monthly performance milestones (High Stakes capital can double on monthly profit targets) |
| Assessment Criteria – How can you pass the test? | ||
|---|---|---|
| Criteria | TradeDay | The5ers |
| Profit Target | 6% across all plans (Intraday / EOD / Static), single-step | Hyper Growth: 10% (single phase). High Stakes: 10% Phase 1, 5% Phase 2. Bootcamp: 6% per stage. |
| Minimum Trading Days | Minimum 5 trading days (single-step) | High Stakes: minimum 3 profitable days per phase. Hyper Growth and Bootcamp: not specified. |
| Maximum Daily Loss | No fixed daily-loss limit (only trailing or static maximum drawdown) | 5% on High Stakes; varies by program on Hyper Growth and Bootcamp |
| Maximum Total Loss | Trailing $2K / $3K / $4K on $50K / $100K / $150K accounts (Intraday, EOD, or Static drawdown variants at signup) | 10% on High Stakes; 5% on Bootcamp; varies on Hyper Growth |
| Time Limit | No time limit | No time limit |
| Consistency Requirements | No specific consistency rule (trailing/static drawdown enforces discipline) | Bootcamp: mandatory stop-loss with max 2% account risk per trade. High Stakes: 3 profitable days per phase. Hyper Growth: standard rule set. |
| News Trading Allowed | Restricted on funded accounts during high-impact event windows | Allowed on Hyper Growth and Bootcamp; NOT permitted on High Stakes |
| Fees and Pricing – How much will you pay? | ||
|---|---|---|
| Option | TradeDay | The5ers |
| $10K Account | Not offered ($50K minimum) | High Stakes $10K $69; Hyper Growth $10K $140 |
| $25K Account | Not offered ($50K minimum) | High Stakes $25K $176 |
| $50K Account | From $87/mo (SAVE30) or $125/mo full price (Intraday plan) | High Stakes $50K $278 |
| $100K Account | $140/mo (SAVE30) or $200/mo full price (Intraday plan) | High Stakes $100K: $491. Bootcamp also starts at $100K (3-step). |
| Refund Policy | Monthly subscription – cancel before next renewal | Challenge fees are not refundable on all programs (per firm documentation) |
| Coupons | Coupon Code | Coupon Code |
| Review | Read full review | Read full review |
| Platforms/Tools – What can you use? | ||
|---|---|---|
| Feature | TradeDay | The5ers |
| Trading Platform | Tradovate, NinjaTrader 8, TradingView, Jigsaw (futures platforms; no MT) | MetaTrader 5 only (no MT4) |
| Mobile Trading | Yes – via Tradovate, NinjaTrader, and TradingView mobile apps | Yes – via MT5 mobile app |
| Account Dashboard | Performance analytics dashboard with trade statistics and real-time monitoring | Comprehensive trader dashboard with performance tracking and scaling milestones |
| Performance Analytics | Trading journal integration, custom indicators, real-time trade monitoring | Detailed analytics and performance reporting via the trader dashboard |
| Educational Resources | Trader Development Program: 1-on-1 coaching, weekly strategy sessions, trading psychology workshops | Structured trader-development content and an active community; 24/7 support |
| Community Support | Trader Development Program with mentorship-style coaching | Active trader community (30,000+ verified payouts processed) |
| Available Trading Options – What can you trade? | ||
|---|---|---|
| Option | TradeDay | The5ers |
| Forex | FX Futures only (regulated exchange – not spot Forex) | Yes – major, minor, and exotic currency pairs |
| Indices | Yes – Equity Index Futures (E-mini S&P 500, Nasdaq, Dow, Russell 2000) | Yes – major global stock indices via CFD |
| Commodities | Yes – Energy, Metals, and Agricultural futures (crude oil, gold, corn, wheat, etc.) | Yes – gold, silver, oil, and others (CFD) |
| Cryptocurrencies | Not offered (futures-only firm; no crypto products) | Yes – crypto via CFD |
| Stocks/Equities | No (TradeDay is futures-only; cash equities not available) | No (The5ers focuses on Forex and CFDs) |
| Weekend Trading | No – TradeDay is Day Trade only; no overnight or weekend position holding | Markets closed on weekends; however weekend position holding is permitted on funded accounts |
| Technical Capabilities/Performance | ||
|---|---|---|
| Feature | TradeDay | The5ers |
| Execution Speed | Not published by firm | Not published by firm |
| Position Limits / Leverage | Futures position limits: 5 / 10 / 15 standard contracts (or 50 micros) on $50K / $100K / $150K accounts | Up to 1:100 on High Stakes; 1:30 on Hyper Growth & Bootcamp |
| Spreads / Commissions | Futures use per-contract commissions (typically $0.50–$3 round-turn plus CME/NYMEX exchange fees) | Standard spreads via MT5 and cTrader; varies by instrument |
| Scaling Potential | Max published account size $150K; firm-side scaling not publicly disclosed | Up to $4 million through consistent performance milestones |
| Data Feed Quality | Tradovate / Rithmic / NinjaTrader feeds (futures-grade) | Standard MetaTrader 5 and cTrader feeds |
| Algorithmic Trading | Reasonable automation policies (consult support; no public EA ban) | EAs permitted; prohibited strategies include latency arbitrage, tick scalping, and reverse arbitrage. Copy trading allowed between own accounts only (Bootcamp excluded). |
| Trader Support & Community | ||
|---|---|---|
| Feature | TradeDay | The5ers |
| Customer Support | 24/7 via live chat and email (support@tradeday.com) | 24/7 real-time customer support |
| Community Size | Not publicly disclosed | 30,000+ verified payouts processed (April 2026) |
| Training Resources | Trader Development Program: webinars, trading guides, strategy sessions, and trading psychology workshops | Structured trader-development content; comprehensive educational resources |
| Mentorship | Available via Trader Development Program (1-on-1 coaching, weekly strategy sessions) | Not publicly advertised by firm |
| Trader Meetups | Not publicly disclosed | Not publicly disclosed |
| Response Time | 24/7 live chat available; email response varies by query | 24/7 customer support available |
| Conclusion and Final Recommendation | ||
|---|---|---|
| Key Element | TradeDay | The5ers |
| Strengths | – 80% Day One profit split, up to 95% – Single-step evaluation with no time limits – Day One Payouts (no consistency requirement) – Up to 6 simultaneous accounts – Trader Development Program with 1-on-1 coaching |
– One of the longest-running prop firms (since 2016) – Three differentiated programs (Hyper Growth, High Stakes, Bootcamp) – Scaling up to $4 million in funded capital – Profit splits scale up to 100% for top performers – 30,000+ verified payouts processed |
| Weaknesses | – Futures-only – no spot Forex, stocks, or crypto – Day Trade only (no overnight or weekend holds) – Monthly subscription pricing rather than one-time fee – Account sizes capped at $150K – News trading restricted during high-impact events |
– Does not accept US-based traders – Strict daily (5%) and maximum (10%) drawdown rules on High Stakes – News trading prohibited on High Stakes program – No MT4 support (MT5 and cTrader only) – Withdrawal transaction fees: 3% bank, 2% Wise/crypto |
| Best For | Active futures traders comfortable with Tradovate, NinjaTrader 8, TradingView, or Jigsaw who want a single-step evaluation, Day One Payouts, and 1-on-1 coaching via the Trader Development Program | Established Forex and CFD traders (non-US) seeking a career-oriented funding path, scaling up to $4 million in capital, and one of the longest track records in the prop-firm industry (founded 2016) |
| Final Grade | 4.7/5 | 4.35/5 |
| Discount Codes | Coupon Code | Coupon Code |
| Review | Read full review | Read full review |
FAQ
What makes TradeDay popular among users?
TradeDay has gained popularity 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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