Head to head · 33 criteria compared Elite Trader Funding wins this comparison (7 against 4). TradeDay stays relevant for traders whose priorities differ from the average.
At Elite Trader Funding the funded account stays simulated: the headline split is 100%, but payouts are capped at $25,000 per trader, after which moving to the LIVE ELITE program on an 80/20 split becomes mandatory. Six futures evaluation models, $47 resets, but activation fees of $177 to $307 and $87 a month once funded.
Criteria won: 7 / 33
TradeDay was founded in Chicago in 2020 by two former institutional market professionals, and that background shows in the rulebook: no daily loss limit, news trading and scalping allowed, and withdrawals available from day one. The May 2026 rework dropped static drawdown accounts in favour of two paths, Quick Pay and Fast Pass.
Criteria won: 4 / 33
Cheapest evaluation for a 100 K account.
Elite Trader Funding
$205
TradeDay
$240
| Full comparison | Elite Trader Funding | TradeDay |
|---|---|---|
| Trust | ||
| Score | 77/100 | 80/100 ✓ |
| Trustpilot | 3.8/5 | 4.6/5 ✓ |
| Founded | 2022 | 2020 ✓ |
| Headquarters | US | US |
| Pricing | ||
| Entry price | $99 ✓ | $131 |
| Price for a 100 K account | $205 ✓ | $240 |
| Refundable fee | — | No |
| Reset price | $47 | — |
| Account sizes | 250 K ✓ | 150 K |
| Rules | ||
| Steps | 1 | 1 |
| Profit target | — | 6 % |
| Max daily loss | — | — |
| Max total drawdown | — | — |
| Drawdown type | Trailing intraday | Trailing intraday |
| Time limit | Unlimited | Unlimited |
| Consistency rule | — | 30 |
| Min trading days | 5 | 5 |
| Payouts | ||
| Profit split | 100 % ✓ | 80 % |
| Max profit split | 100 % ✓ | 90 % |
| First payout | 8 days | 0 days ✓ |
| Payout frequency | On demand, approved the same day | On demand from the first day, minimum $250 per withdrawal |
| Payout methods | — | — |
| Scaling plan | — | No |
| Max allocation | 250 K ✓ | 150 K |
| Trading | ||
| Platforms and instruments | ninjatrader, tradingview, rithmic, tradovate | tradovate, rithmic, ninjatrader, tradingview |
| Instruments | futures | futures |
| Leverage | — | — |
| News trading | — | Yes |
| Weekend holding | Yes ✓ | No |
| Expert Advisors | No | — |
| Copy trading | Restricted | — |
| Scalping | Yes | Yes |
| Hedging | — | — |
Choose Elite Trader Funding if… Choose TradeDay if… Elite Trader Funding keeps 100 % of profits, allows a first withdrawal after 8 days, then pays On demand, approved the same day. TradeDay keeps 90 % of profits, allows a first withdrawal after 0 days, then pays On demand from the first day, minimum $250 per withdrawal. Payout frequency deserves as much attention as the split itself: a slightly lower share paid every two weeks compounds faster than a headline percentage locked behind a monthly cycle and a long first-withdrawal delay.
TradeDay has been running since 2020, 2 years longer than Elite Trader Funding. On Trustpilot they sit at 3.8/5 and 4.6/5 respectively. Our trust pillar scores them 67/100 and 85/100, which weighs age, corporate transparency and public payout evidence. In an industry with no financial regulator overseeing these evaluations, longevity and a verifiable payout history are the closest thing to a guarantee.
Elite Trader Funding opens at $99 against $131 for TradeDay, a moderate gap on the smallest account. At the reference size of 100 K the comparison is $205 for Elite Trader Funding against $240 for TradeDay. The headline fee is rarely the real cost, though: what matters is the price of a reset after a failed attempt, whether the fee comes back on the first payout, and whether an activation fee appears when you move to a funded account. Compare those three lines in the table above before deciding on price alone.
Elite Trader Funding applies a trailing intraday drawdown. TradeDay applies a trailing intraday drawdown. Both use the same model, so the difference plays out on the percentages rather than on the mechanism.
No discount code is published without being checked on the firm’s own website. An unverified deal does not appear here.
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