TradeDay rules
Evaluation consistency
ConditionalQuickPay evaluations: 30% consistency cap per day's profit. FastPass: 45%. Exceeding it raises the profit target needed to pass rather than failing the evaluation.
Funded consistency
ConditionalQuickPay Funded Sim: no consistency requirement. FastPass Funded Sim (accounts opened on/after Jul 26, 2026): 45% cap on gross profit per day before payout.
News trading
ConditionalTier-1 releases (FOMC, CPI, NFP, oil/gas inventories, crop reports) auto-liquidate positions 2 min before and reopen 2 min after; all other news trading is unrestricted.
Swing trading
Not allowedCopy trading
AllowedYes. TradeDay allows trade copiers across your own Evaluation and Funded Sim accounts, or between up to five Funded Live accounts, but not across those groups. You may also copy from your personal accounts elsewhere into TradeDay.
Algorithmic trading
ConditionalAutomated trading must run on a supported platform (NinjaTrader, Tradovate, TradingView, Jigsaw, Quantower); third-party purchased bots and direct API access are banned.
Scalping
ConditionalGeneral scalping is fine; bans HFT-automated scalping, over 200 trades/day, queue-gaming, and microscalping where sub-10-second trades dominate account activity/profit.
Dollar cost averaging
ConditionalScaling into a position at different price levels is allowed; splitting one intended order into many identical orders at the same price/time (order stacking) is banned.
Hedging
Not allowedHigh frequency trading
Not allowedVPN use
Not allowedVPS use
Not allowedKYC
AppliesYes. TradeDay requires KYC and AML checks when you are funded, run by its broker, clearing firm and Riseworks. You must provide a government-issued ID plus a bank statement or utility bill as proof of address. If you fail, the funded account is not opened and setup, activation and passed-evaluation fees are refunded.
Evaluation time limit
NoneInactivity rule
AppliesTradeDay charges no inactivity fee itself, but Tradovate auto-archives any account not logged into for 30+ days; the account is then treated as failed and needs a reset or new purchase.
Clear path to live
PublishedQuickPay Funded Sim is reviewed for Funded Live at $10,000 gross profit per account. FastPass Funded Sim moves to Funded Live automatically on the 5th payout request.
TradeDay platforms, data and hours
Trading platforms
- NinjaTrader
- TradingView
- Tradovate
- Quantower
- ATAS
- Sierra Chart
- MotiveWave
- Bookmap
- R|Trader Pro
- WealthCharts
- EdgePro X
- Finamark
- Jigsaw
- VolFix
- MultiCharts
Brokers and data feeds
- CQG
- Rithmic
Tradable assets
- Futures
TradeDay country availability
TradeDay restricts 78 countries and accepts traders everywhere else, including United States. Restriction lists change without notice, so confirm with the firm before you buy.
Canada (outside Ontario) and Germany: citizens/residents may pass the evaluation but are restricted to Funded Sim indefinitely, not eligible for Funded Live. Ukraine: new users currently cannot onboard with Riseworks; existing Ukrainian users may withdraw in crypto only.