Prop firms · Is it legit?
Is TradeDay legit?
TradeDay scores 3.9/5 on Trust and 5.0/5 on Payouts in the Tradoshi 2027 ranking, #2 of 276 with 82.5/100. No warning was found on the regulator lists checked.
Tradoshi 2027 ranking, data as of October 30, 2026. Methodology
What our checks show
High scores (4 or 5 out of 5)
- Regulator warnings
- Identity and contact
- Published processing time
- Payout frequency and first payout
- Withdrawal terms and methods
- Payout history and incidents
- Trader rating (Trustpilot and Google)
- Number of reviews
- Suspicious review warning
- Secure website
Low scores (1 or 2 out of 5)
- Honest marketing
A low score reflects what the scale recorded on that criterion, not a fault by the firm: each criterion name links to its scale. These checks describe what was published on the dates shown. They guarantee neither a future payout nor that the rules stay the same: check with the firm before buying.
The detail, criterion by criterion
Company and regulators
| Criterion | Score | What was recorded |
|---|---|---|
| Regulator warnings | 5/5 | Not on the lists of the AMF, I-SCAN (IOSCO), ASIC, FINMA, CNMV or the CFTC RED List (source) Read on October 28, 2026 |
| Registered company and age | not applicable | TradeDay LLC Read on October 29, 2026 |
| Identity and contact | 4/5 | TradeDay LLC, an Illinois limited liability company, and its affiliated entities (source) Read on October 28, 2026 |
| Regulated execution partner | 3/5 | We place our cash with our broker -Tradovate, and make the leverage we are given available to our traders, so they can trade the required maximum position limit size. (source) Read on October 28, 2026 |
| Honest marketing | 1/5 | Pass our evaluation and you get funded in the live markets from day one (source) Read on October 28, 2026 |
Payouts
| Criterion | Score | What was recorded |
|---|---|---|
| Public payout proof | 3/5 | Payout Certificate (source) Read on October 28, 2026 |
| Published processing time | 5/5 | Requests received before 5:30 pm CT will be processed within 24 hours (business days only). (source) Read on October 28, 2026 |
| Payout frequency and first payout | 5/5 | Daily payouts (source) Read on October 28, 2026 |
| Withdrawal terms and methods | 4/5 | The minimum payout request is $250. (source) Read on October 28, 2026 |
| Payout history and incidents | 5/5 | First funded traders and first payouts (source) Read on October 28, 2026 |
Trader reviews
| Criterion | Score | What was recorded |
|---|---|---|
| Trader rating (Trustpilot and Google) | 5/5 | Trustpilot 4.6 from 1,454 reviews; Google 4.8 from 1,025 reviews (source) Read on October 28, 2026 |
| Number of reviews | 4/5 | 2,479 reviews (source) Read on October 28, 2026 |
| Suspicious review warning | 5/5 | No Trustpilot warning on the profile (source) Read on October 28, 2026 |
Rules
| Criterion | Score | What was recorded |
|---|---|---|
| Rule clarity | 3/5 | 11/14 rules documented (source) Read on October 28, 2026 |
| Rules restricting how you trade | 3/5 | – (source) Read on October 28, 2026 |
Website security
| Criterion | Score | What was recorded |
|---|---|---|
| Secure website | 5/5 | certificate valid for 70 more days Read on October 28, 2026 |
| Protected domain (SPF, DMARC, headers) | 3/5 | 3 points out of 5 (SPF, DMARC, HSTS) Read on October 28, 2026 |
Frequently asked questions
Is TradeDay regulated?
A prop firm usually sells an evaluation program and is not a licensed broker. The company name recorded is TradeDay LLC, United States. No warning was found on the regulator lists checked.
Does TradeDay pay its traders?
Its Payouts pillar scores 5.0/5: it measures what is published on proof, timing, frequency and payout incidents. It does not guarantee a future payout.
What do reviews say about TradeDay?
Trustpilot 4.6 from 1,454 reviews; Google 4.8 from 1,025 reviews. The Reviews pillar scores 4.7/5.
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