Head-to-Head Comparison

TradeDay vs Elite Trader Funding

An honest, data-driven comparison to help you pick the right prop firm. We compare drawdown rules, challenge costs, profit splits, trading conditions, and more — no bias, just facts.

TradeDay

4.1

Futures prop firm offering competitive pricing with up to $750K in allocations and trader-friendly rules.

Visit TradeDay

Elite Trader Funding

4.3

Established futures prop firm with a flexible evaluation system and over $7M paid to traders. Offers straightforward rules and competitive profit splits.

Visit Elite Trader Funding

Side-by-Side Comparison: TradeDay vs Elite Trader Funding

Metric

TradeDay

Elite Trader Funding

Max Drawdown

4.5%

Daily Drawdown

None

Profit Target

Profit Split

80/20 → 90/10

Challenge Cost

$99 - $499

$45 - $350

Trading Period

Unlimited

Min Trading Days

Leverage

Exchange margin

Full contract leverage

Instruments

Futures

Futures (CME, CBOT, NYMEX, COMEX)

Account Sizes

$25K, $50K, $100K, $150K, $250K

$10K, $25K, $50K, $100K, $150K, $250K

Scaling

Max allocations $750K

Multiple funded accounts allowed simultaneously

News Trading

Allowed

Weekend Holding

Not Allowed

EA / Bots

Allowed

Rating

4.1/5

4.3/5

The Verdict: TradeDay vs Elite Trader Funding

The best choice depends on your trading style, risk tolerance, and goals. Here's our breakdown by trader profile:

Best for Beginners

TradeDay

TradeDay offers more forgiving drawdown rules, making it easier for newer traders to get started.

Best for Aggressive Traders

TradeDay

TradeDay provides 8% max drawdown allowance, giving aggressive trading styles more breathing room.

Best for Long-term Scaling

Elite Trader Funding

Elite Trader Funding offers better scaling potential: Multiple funded accounts allowed simultaneously.

Best for Overall Value

Elite Trader Funding

Elite Trader Funding earns 4.3/5 in our analysis, with a strong balance of rules, cost, and trader experience.

TradeDay Pros & Cons

Generous allocation limits

Competitive pricing

Up to 90% profit split

Clear evaluation rules

No time pressure

Futures only

Limited instrument variety

Newer brand

Cannot hold over weekends

Mid-range recognition

Elite Trader Funding Pros & Cons

Over $7M paid to traders

No daily drawdown limit

Low evaluation fees

One-step evaluation process

Multiple funded accounts allowed

Futures only (no forex)

Trailing drawdown can be complex

Monthly subscription after passing

No weekend holding

Payout caps on initial withdrawals

Frequently Asked Questions

Which is better, TradeDay or Elite Trader Funding?

It depends on your trading style. TradeDay offers 8% max drawdown and a 80/20 → 90/10 profit split, while Elite Trader Funding offers 4.5% max drawdown and a 80/20 → 90/10 split. Elite Trader Funding has a higher overall rating at 4.3/5.

What is the cheapest option between TradeDay and Elite Trader Funding?

TradeDay challenges start at $99 - $499, while Elite Trader Funding starts at $45 - $350. Compare account sizes and what's included before choosing based on price alone.

Can I use EAs or trading bots with TradeDay and Elite Trader Funding?

TradeDay allows EAs/bots. Elite Trader Funding allows them. Always verify the latest rules on each firm's website.

What are the drawdown rules for TradeDay vs Elite Trader Funding?

TradeDay has a 8% max drawdown and 4% daily drawdown. Elite Trader Funding has a 4.5% max drawdown and no daily drawdown limit. Use our free Drawdown Calculator to find your safe lot size for either firm.

How long do I have to pass the TradeDay vs Elite Trader Funding challenge?

TradeDay gives you Unlimited. Elite Trader Funding gives you Unlimited. Both require a minimum of 5 and 5 trading days respectively.

Which firm has a better profit split, TradeDay or Elite Trader Funding?

TradeDay offers a 80/20 → 90/10 profit split, while Elite Trader Funding offers 80/20 → 90/10. Higher profit splits mean more of your trading profits go to you.