TradeDay Fast Pass Evaluation

25K: USD 1,500 · 50K: USD 3,000 · 100K: USD 6,000 · 150K: USD 9,000

none

No daily limit: TradeDay names the maximum drawdown as its only loss limit. Traders can set their own optional daily or weekly limits in Tradovate.

25K: USD 1,000 · 50K: USD 2,000 · 100K: USD 3,000 · 150K: USD 4,500 · trailing (end of day)

The floor follows the highest end-of-day balance up and never drops.

Stops: Moves up at the daily close (4 pm CT) from the realised balance, never falls and freezes at the starting balance. The limit is enforced intraday in real time: equity must never touch it.

3 days

The pricing card and two help-centre articles state 3 minimum trading days; the "What is Fast Pass?" article, "How it works", the homepage FAQ and the TradeDay 2.0 blog say "no minimum days" or "pass in 3 days". The 45% consistency rule requires at least 3 winning days in any case.

unlimited

No upper time limit; the monthly subscription renews every 30 days until the evaluation is passed or cancelled. Without an active subscription there is no evaluation.

≤ 45 % · best day ÷ total profit

keep trading until met

Best day's profit ÷ total P&L of the evaluation so far may be at most 45%. Otherwise the target rises to best day ÷ 0.45; not a rule breach. Firm's example: best day USD 1,400 → about USD 3,111 total profit needed. Same reasoning as Quick Pay: single large days say little about long-term performance.

Simulated, possibly live later

Funded Sim is a simulated account; payouts come from simulated profits. On the 5th payout request it is closed and a Funded Live account opens at USD 0 with the same EOD limit (earlier at TradeDay's discretion). Funded Live is a sub-account of TradeDay's master account at its broker (real capital): 90/10 split, professional market data USD 156 per month per exchange, slippage buffer, at most 5 accounts, 3-month cooling-off after a loss. German citizens and Canadians outside Ontario stay in Funded Sim.

none

No daily limit: TradeDay names the maximum drawdown as its only loss limit. Traders can set their own optional daily or weekly limits in Tradovate.

25K: USD 1,000 · 50K: USD 2,000 · 100K: USD 3,000 · 150K: USD 4,500 · trailing (end of day)

The floor follows the highest end-of-day balance up and never drops.

Stops: Same EOD limit as in the evaluation. On the first payout request it moves up to the starting balance if still below it and stays fixed there.

≤ 45 % · best day ÷ total profit

payout waits until met

For accounts opened from 26 Jul 2026: to be payout-eligible no day may exceed 45% of gross profit (gross profit = current profit + payouts taken). Firm's example: a USD 10,000 day out of USD 17,000 gross profit (about 58.8%) → no payout until the share is met.

Accounts opened before 26 Jul 2026 have no consistency rule in the Funded Sim.

5 days

Winning day of at least USD 100 (25K) / 150 (50K) / 200 (100K) / 250 (150K); days need not be consecutive. Five new winning days after each payout.

80 %, up to 90 %

Funded Sim 80%, Funded Live 90%.

5 trading days

After at least 5 winning days (minimum per day by size), balance above the starting balance, request of at least USD 250; for accounts from 26 Jul 2026 also the 45% consistency. No buffer.

per cycle

Each payout starts a new cycle: new reference balance, net profit since the last payout and five new winning days. Do not trade between request and receipt; day 1 of the new cycle is the following session. Move to Funded Live on the 5th request.

USD 250

Per request at most 50% of the account balance (in the firm's example: of the profit above the starting capital), capped: accounts from 26 Jul 2026 USD 750 (25K) / 1,500 (50K) / 1,875 (100K) / 2,250 (150K); older accounts USD 2,000 (50K) / 2,500 (100K) / 3,000 (150K).

The "What is Fast Pass?" article states USD 1,850 for 100K; the pricing card and the payout policy state USD 1,875.

TradeDay charges no payout fee; Riseworks charges: international bank wire USD 15, US bank wire free, L1 crypto USD 2.50 plus gas, L2 crypto free; further fees may apply depending on country and bank. Requests before 5:30 pm CT are processed within 24 hours (business days). In Funded Live the trader pays commissions and professional market data (USD 156 per month per exchange).

no refund

Subscription fees are not refunded with a payout. If KYC/AML fails after a passed evaluation, two help-centre articles name a refund of the passed evaluation's fee; the prohibited-countries article rules out any refund.

Funded Sim position limit: starts at 1 / 2 / 3 / 4 contracts (25K / 50K / 100K / 150K; 10 / 20 / 30 / 40 micros), plus 1 contract per USD 2,000 profit (end of day); 25K at most 2 contracts. Funded Live starts with the same starting limits; increases at the trading team's discretion.

No inactivity fee and no minimum trading requirement. Tradovate archives accounts without a login for more than one calendar month (the account then counts as failed); TradeDay accounts dormant for 30 days may be offboarded.

restricted

Tier 1 data releases are blocked (FOMC minutes and rate decision, US CPI, Non-Farm Payrolls for all products; EIA oil and gas inventories for energy; crop reports for ags): TradeDay liquidates open positions 2 minutes before and reopens trading 2 minutes after. Accidental breaches do not fail the account, abuse loses it.

restricted

Only within one session (5 pm CT to the next day's close): per TradeDay overnight trading is allowed, a position opened in the evening may be held overnight until before the daily close, but never through the daily close. Close all positions at least 10 minutes before the close; TradeDay liquidates at 3:50 pm CT. The terms say "day-trading only". Accidental breaches do not fail the account.

forbidden

Follows from the requirement to be flat before every market close.

restricted

Own automated systems only via supported platforms (NinjaTrader, Tradovate, TradingView, Jigsaw, Quantower); no API access. Bots bought from third parties are forbidden, as are strategies with more than 200 trades per day.

restricted

Allowed between own accounts: Evaluation and Funded Sim combined (2 to 10 accounts), Funded Live among themselves (up to 5); not between Funded Live and Evaluation/Funded Sim. Copying from one's own external account is allowed. At most 10 accounts, all with the same broker; one user per household.

forbidden

Being long and short the same product across accounts at the same time is forbidden (offboarding, suspension, loss of all profits in “funded” accounts).

25K: 2 minis / 20 micros · 50K: 5 minis / 50 micros · 100K: 10 minis / 50 micros · 150K: 15 minis / 50 micros

Applies in the evaluation. Lower in the Fast Pass Funded Sim: starts at 1 / 2 / 3 / 4 contracts (25K / 50K / 100K / 150K), see scaling. Micros capped at 50 lots.