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TradeDay vs Traders Launch: price, cost to get funded and rules side by side. Pick an account size to compare like for like.

Key numbers at 100K

Price and rules at the selected account size
ValueTradeDayTraders Launch
Evaluation price$240/mo$99
Activation feeNoneNone
Cost to get funded$480 (2 months + activation, list price)$99 (eval + activation, list price)
Profit target$6,000$2,000
Max drawdown$3,000$1,000
Drawdown typeTrailing intradayTrailing end-of-day
Daily loss limitUnverifiedUnverified
Consistency (evaluation)30%40%
Max contracts10Unverified
Contracts when funded (start)10Unverified
Reset feeUnverifiedUnverified
Plan100K Quick Pay IntradayLegacy NYC 100K (80% split)

Cost to get funded = evaluation fee (two months for monthly subscriptions) + activation fee; it assumes you pass on the first attempt and excludes data fees and resets.

Price, target and drawdown by account size

Evaluation price, profit target and max drawdown for every account size
SizeTradeDayTraders Launch
25K$100/mo
Target $1,500 · Max DD $1,000
–
50K$131/mo
Target $3,000 · Max DD $2,000
–
100K$240/mo
Target $6,000 · Max DD $3,000
$99
Target $2,000 · Max DD $1,000
150K$360/mo
Target $9,000 · Max DD $4,500
–
200K–$149
Target $3,000 · Max DD $1,000
300K–$279
Target $5,000 · Max DD $2,000

Rules side by side

Side-by-side comparison of TradeDay, Traders Launch
RuleTradeDayTraders Launch
Drawdown modelⓘTrailing end-of-dayTrailing end-of-day
Profit splitⓘFunded Sim80%
PayoutsⓘDay-one payouts on Quick Pay, no bufferDaily payout requests when eligible
Consistency ruleⓘ30% best-day cap40% best-day cap
Consistency when fundedNoneNone
Daily loss limitⓘUnverifiedUnverified
Daily loss breachUnverifiedUnverified
Drawdown lockLocks at the start balanceLocks at the start balance (eval + funded)
News tradingⓘUnverifiedUnverified
News window when funded±2 min around high-impact newsUnverified
Weekend holdingⓘUnverifiedUnverified
Overnight holdingⓘRestrictedUnverified
Automation / EAsRestrictedUnverified
Challenge steps1-step1-step
Evaluation time limitUnverified60 days
HedgingNot allowedNot allowed
Copy tradingRestrictedUnverified
ScalpingRestrictedAllowed
MartingaleUnverifiedRestricted
Accounts you may hold105
Min. trading daysⓘ5 days3 days
Activation / PA feeⓘNoneNone
Commission per round turnES $5.76 · MES $1.90Unverified
Data feed feeⓘIncludedUnverified
Reset feeⓘVaries / unverifiedVaries / unverified
Fee refundNoNo
First payout after1 daysUnverified
Payout methodsBank wire, CryptoUnverified
Max payoutsUnverifiedUnverified
Funded accountSimulated, then liveUnverified
Payout bufferⓘNo buffer on Quick PayA buffer account opens automatically after passing
Contract scalingⓘFixed max position per size on Quick Pay Intraday: 2/5/10/15 contractsPremium start size 2 mini/20 micro
HeadquartersUnited StatesUnited States
Founded2020Unverified
PlatformsTradovate, Rithmic, NinjaTraderQuantower, TradingView, Volumetrica
Entry pricefrom $100 / monthfrom $99
Promo codeNone knownNone known
Rules auto-checked2026-10-092026-10-18

Highlighted rows differ between firms. Green = trader-friendly, red = restrictive, “Unverified” = we could not confirm it from the firm’s public rules.

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