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Funded trading

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Comparing 2 providers in Funded trading

Some programs use simulated trading. Paying an evaluation fee does not guarantee funding or a payout.

Terms used in this table
  • Loss limit: how much may be lost in a day or overall before the account fails.
Costs and terms
What to compareTradeDayFull review →
Visit TradeDay · Opens in a new tab
Coupon code at checkout
FTMOFull review →
Service type
Funded trading
Funded trading
Legal entity and jurisdiction
TradeDay LLC · Illinois, United States
FTMO Evaluation Global s.r.o. · Czech Republic / FTMO Trading Global s.r.o. · Czech Republic
Participation fee (from)
89 EUR

Starting price for the smallest account. The price rises with account size, up to a 200,000 USD account.

Evaluation stages
1
2
Profit target (phase 1 / 2-Step)
10 %

Of initial capital; minimum 4 trading days

Phase 2 profit target
5 %

Of initial capital; minimum 4 trading days

1-Step profit target
10 %

Of initial capital; single phase

Maximum daily loss (2-Step)
5 %

Of initial capital in both phases. For a hypothetical 100,000 USD simulated account, 5% is 5,000 USD; open losses, commission and financing reduce the remaining room under the daily rule.

Maximum overall loss (2-Step)
10 %

Static, of initial capital

Maximum daily loss (1-Step)
3 %

Of initial capital

Maximum overall loss (1-Step)
10 %

Of initial capital

Drawdown method
Trailing
Static
Profit share
80 %

Rises to 90% when Scaling Plan or Premium Programme conditions are met. 1-Step: 90%. The profit is simulated and the reward is not guaranteed.

First payout
14 days

Counted from the first trade on the FTMO Account, subject to compliance with the rules.

Payout conditions
Quick Pay and Fast Pass differ in splits, consistency, days, caps and the floor after payouts. Live is a separate conditional stage.
Fee refund
2-Step: the evaluation fee is refunded with the first reward withdrawal under the terms. 1-Step: no evaluation fee refund.

One-time fee, no recurring fees

Trading restrictions
Close positions and orders before the daily close; news, contract and product limits depend on stage.
Simulation scope
simulated CFD evaluation

CFD evaluation and simulated trading. FTMO Futures and other group companies have separate terms.

Service model
Futures trading evaluation

Evaluation and Funded Sim are simulated; progression to Funded Live is separate and conditional.

25,000 evaluation profit target
1,500 USD

Net profit target; the nominal tier is neither a participant deposit nor a withdrawable balance.

25,000 evaluation loss allowance
1,000 USD

Trailing floor by account type, enforced during trading; EOD does not permit temporary breaches.

25,000 evaluation contract limit
2 minis / 20 micros

Evaluation limit, not a promise of the same Funded Sim or Live limit. Product exceptions apply.

50,000 evaluation profit target
3,000 USD

Net profit target; the nominal tier is neither a participant deposit nor a withdrawable balance.

50,000 evaluation loss allowance
2,000 USD

Trailing floor by account type, enforced during trading; EOD does not permit temporary breaches.

50,000 evaluation contract limit
5 minis / 50 micros

Evaluation limit, not a promise of the same Funded Sim or Live limit. Product exceptions apply.

100,000 evaluation profit target
6,000 USD

Net profit target; the nominal tier is neither a participant deposit nor a withdrawable balance.

100,000 evaluation loss allowance
3,000 USD

Trailing floor by account type, enforced during trading; EOD does not permit temporary breaches.

100,000 evaluation contract limit
10 minis / 50 micros

Evaluation limit, not a promise of the same Funded Sim or Live limit. Product exceptions apply.

150,000 evaluation profit target
9,000 USD

Net profit target; the nominal tier is neither a participant deposit nor a withdrawable balance.

150,000 evaluation loss allowance
4,500 USD

Trailing floor by account type, enforced during trading; EOD does not permit temporary breaches.

150,000 evaluation contract limit
15 minis / 50 micros

Evaluation limit, not a promise of the same Funded Sim or Live limit. Product exceptions apply.

Evaluation billing cycle
30 days

Recurring billing until passing or cancellation. A separate reset does not move the billing date.

Funded-stage activation fee
0 USD

TradeDay removed the activation fee; trading commissions and Live data costs remain separate.

Quick Pay evaluation consistency
30 %

Largest profitable day at most 30% of total profit; five evaluation trading days. Not a universal rule for every stage.

Fast Pass consistency
45 %

Evaluation has a 45% rule. For Funded Sim accounts opened on or after 26 July 2026, the best profitable day is at most 45% of current profit plus prior payouts. Earlier accounts have no funded consistency rule under this policy.

Minimum Funded Sim payout request
250 USD

Request amount before the profit split; the trader may receive less.

Fast Pass Funded Sim trader share
80 %

For Funded Sim accounts opened on or after 26 July 2026; subject to profitable days, consistency against current profit plus prior payouts, caps and sufficient balance.

Professional Live market data
156 USD/month/exchange

Per exchange at the Live stage; an existing personal subscription does not replace this charge.

ES/NQ commission example per side
2.88 USD/contract/side

Table includes broker, NFA, clearing and exchange components; evaluation/Funded Sim charges are simulated. Live may differ.

MES/MNQ commission example per side
0.95 USD/contract/side

Per-side commission, not a round-turn total. Subject to product and stage.

Account type
Mixed — depends on the stage
Simulated
Evaluation company registration number
09213651

Business ID of FTMO Evaluation Global s.r.o.; this is a company registration number, not a broker or investment licence.

Trading types
1-Step and 2-Step challenges on simulated accounts of 10,000 to 200,000 USD; forex, commodities, indices and more; MetaTrader 4, MetaTrader 5, cTrader

Demo accounts in a simulated environment only

How the challenge is paid
Credit/debit card (Visa, Mastercard, Diners, Discover), Apple Pay, Google Pay, Revolut Pay free; PayPal, Skrill and crypto (BTC, ETH, LTC, USDT, USDC) at 3%; bank transfer 2 to 5 business days with varying fees

One-time fee; no recurring fees

1-Step challenge price, 10,000 USD account
79 EUR

One-time fee, non-refundable

1-Step challenge price, 25,000 USD account
199 EUR

One-time fee, non-refundable

1-Step challenge price, 50,000 USD account
319 EUR

One-time fee, non-refundable

1-Step challenge price, 100,000 USD account
499 EUR

One-time fee, non-refundable; a 20% promotion on this size was advertised on 2026-10-03

1-Step challenge price, 200,000 USD account
999 EUR

One-time fee, non-refundable

1-Step Consistency / Best Day rule
50 %

For 1-Step accounts originating from orders created on or after 12 October 2026, or 1-Step accounts merged on or after that date, the Consistency rule applies: the best day's closed-trade profit must not exceed 50% of cumulative net closed-trade profit across all trading days, including losing days. For unmerged accounts directly initiated from orders created before 12 October 2026, the legacy Best Day rule remains: its denominator is the sum of net profit from profitable days only. Exceeding the ratio is not a breach, but the ratio must be met to pass the Challenge or qualify for a Reward, alongside the other requirements.

Simulated or live
Simulated trading
Platforms
Tradovate / NinjaTrader / TradingView / R|Trader Pro / Quantower / ATAS / Bookmap / Jigsaw / Sierra Chart / MotiveWave
MetaTrader 4 / MetaTrader 5 / cTrader / TradingView
Currencies
USD
Check with the provider
Visit TradeDay · Opens in a new tab
Coupon code at checkout

Service and entity
TradeDayFTMO
Service type
Funded trading
Funded trading
Legal entity and jurisdiction
TradeDay LLC · Illinois, United States
FTMO Evaluation Global s.r.o. · Czech Republic / FTMO Trading Global s.r.o. · Czech Republic

Initial and recurring cost
TradeDayFTMO
Participation fee (from)
89 EUR

Starting price for the smallest account. The price rises with account size, up to a 200,000 USD account.

Evaluation terms
TradeDayFTMO
Evaluation stages
1
2
Profit target (phase 1 / 2-Step)
10 %

Of initial capital; minimum 4 trading days

Phase 2 profit target
5 %

Of initial capital; minimum 4 trading days

1-Step profit target
10 %

Of initial capital; single phase

Loss limits
TradeDayFTMO
Maximum daily loss (2-Step)
5 %

Of initial capital in both phases. For a hypothetical 100,000 USD simulated account, 5% is 5,000 USD; open losses, commission and financing reduce the remaining room under the daily rule.

Maximum overall loss (2-Step)
10 %

Static, of initial capital

Maximum daily loss (1-Step)
3 %

Of initial capital

Maximum overall loss (1-Step)
10 %

Of initial capital

Drawdown method
Trailing
Static

Payout rules
TradeDayFTMO
Profit share
80 %

Rises to 90% when Scaling Plan or Premium Programme conditions are met. 1-Step: 90%. The profit is simulated and the reward is not guaranteed.

First payout
14 days

Counted from the first trade on the FTMO Account, subject to compliance with the rules.

Payout conditions
Quick Pay and Fast Pass differ in splits, consistency, days, caps and the floor after payouts. Live is a separate conditional stage.

Resets and extra fees
TradeDayFTMO
Fee refund
2-Step: the evaluation fee is refunded with the first reward withdrawal under the terms. 1-Step: no evaluation fee refund.

One-time fee, no recurring fees

Trading restrictions
Close positions and orders before the daily close; news, contract and product limits depend on stage.

Simulated or live
TradeDayFTMO
Simulation scope
simulated CFD evaluation

CFD evaluation and simulated trading. FTMO Futures and other group companies have separate terms.

Costs and service terms
TradeDayFTMO
Service model
Futures trading evaluation

Evaluation and Funded Sim are simulated; progression to Funded Live is separate and conditional.

25,000 evaluation profit target
1,500 USD

Net profit target; the nominal tier is neither a participant deposit nor a withdrawable balance.

25,000 evaluation loss allowance
1,000 USD

Trailing floor by account type, enforced during trading; EOD does not permit temporary breaches.

25,000 evaluation contract limit
2 minis / 20 micros

Evaluation limit, not a promise of the same Funded Sim or Live limit. Product exceptions apply.

50,000 evaluation profit target
3,000 USD

Net profit target; the nominal tier is neither a participant deposit nor a withdrawable balance.

50,000 evaluation loss allowance
2,000 USD

Trailing floor by account type, enforced during trading; EOD does not permit temporary breaches.

50,000 evaluation contract limit
5 minis / 50 micros

Evaluation limit, not a promise of the same Funded Sim or Live limit. Product exceptions apply.

100,000 evaluation profit target
6,000 USD

Net profit target; the nominal tier is neither a participant deposit nor a withdrawable balance.

100,000 evaluation loss allowance
3,000 USD

Trailing floor by account type, enforced during trading; EOD does not permit temporary breaches.

100,000 evaluation contract limit
10 minis / 50 micros

Evaluation limit, not a promise of the same Funded Sim or Live limit. Product exceptions apply.

150,000 evaluation profit target
9,000 USD

Net profit target; the nominal tier is neither a participant deposit nor a withdrawable balance.

150,000 evaluation loss allowance
4,500 USD

Trailing floor by account type, enforced during trading; EOD does not permit temporary breaches.

150,000 evaluation contract limit
15 minis / 50 micros

Evaluation limit, not a promise of the same Funded Sim or Live limit. Product exceptions apply.

Evaluation billing cycle
30 days

Recurring billing until passing or cancellation. A separate reset does not move the billing date.

Funded-stage activation fee
0 USD

TradeDay removed the activation fee; trading commissions and Live data costs remain separate.

Quick Pay evaluation consistency
30 %

Largest profitable day at most 30% of total profit; five evaluation trading days. Not a universal rule for every stage.

Fast Pass consistency
45 %

Evaluation has a 45% rule. For Funded Sim accounts opened on or after 26 July 2026, the best profitable day is at most 45% of current profit plus prior payouts. Earlier accounts have no funded consistency rule under this policy.

Minimum Funded Sim payout request
250 USD

Request amount before the profit split; the trader may receive less.

Fast Pass Funded Sim trader share
80 %

For Funded Sim accounts opened on or after 26 July 2026; subject to profitable days, consistency against current profit plus prior payouts, caps and sufficient balance.

Professional Live market data
156 USD/month/exchange

Per exchange at the Live stage; an existing personal subscription does not replace this charge.

ES/NQ commission example per side
2.88 USD/contract/side

Table includes broker, NFA, clearing and exchange components; evaluation/Funded Sim charges are simulated. Live may differ.

MES/MNQ commission example per side
0.95 USD/contract/side

Per-side commission, not a round-turn total. Subject to product and stage.

Account type
Mixed — depends on the stage
Simulated
Evaluation company registration number
09213651

Business ID of FTMO Evaluation Global s.r.o.; this is a company registration number, not a broker or investment licence.

Trading types
1-Step and 2-Step challenges on simulated accounts of 10,000 to 200,000 USD; forex, commodities, indices and more; MetaTrader 4, MetaTrader 5, cTrader

Demo accounts in a simulated environment only

How the challenge is paid
Credit/debit card (Visa, Mastercard, Diners, Discover), Apple Pay, Google Pay, Revolut Pay free; PayPal, Skrill and crypto (BTC, ETH, LTC, USDT, USDC) at 3%; bank transfer 2 to 5 business days with varying fees

One-time fee; no recurring fees

1-Step challenge price, 10,000 USD account
79 EUR

One-time fee, non-refundable

1-Step challenge price, 25,000 USD account
199 EUR

One-time fee, non-refundable

1-Step challenge price, 50,000 USD account
319 EUR

One-time fee, non-refundable

1-Step challenge price, 100,000 USD account
499 EUR

One-time fee, non-refundable; a 20% promotion on this size was advertised on 2026-10-03

1-Step challenge price, 200,000 USD account
999 EUR

One-time fee, non-refundable

1-Step Consistency / Best Day rule
50 %

For 1-Step accounts originating from orders created on or after 12 October 2026, or 1-Step accounts merged on or after that date, the Consistency rule applies: the best day's closed-trade profit must not exceed 50% of cumulative net closed-trade profit across all trading days, including losing days. For unmerged accounts directly initiated from orders created before 12 October 2026, the legacy Best Day rule remains: its denominator is the sum of net profit from profitable days only. Exceeding the ratio is not a breach, but the ratio must be met to pass the Challenge or qualify for a Reward, alongside the other requirements.

Simulated or live
Simulated trading

Access and currencies
TradeDayFTMO
Platforms
Tradovate / NinjaTrader / TradingView / R|Trader Pro / Quantower / ATAS / Bookmap / Jigsaw / Sierra Chart / MotiveWave
MetaTrader 4 / MetaTrader 5 / cTrader / TradingView
Currencies
USD

Check with the provider

Read our editorial comparisons

Editorial comparison

FTMO 1-Step vs 2-Step: Loss Rules and Rewards

Choose between FTMO 1-Step and 2-Step using daily and static or trailing loss limits, the Consistency or Best Day rule based on the order or merge date, Standard and Swing accounts, and evaluation fee refunds.

Updated: Oct 15, 2026Read article