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TradeDay Trading Rules Explained

Chicago futures firm since 2020: monthly Quick Pay and Fast Pass evaluations.

4.0/5 our ratingSince 2020United StatesReviewed by PickMyFirmUpdated Oct 28, 2026
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Updated Oct 27, 2026 · No published end date

TradeDay rules: what you can and can't do

  • News trading: Not allowed

    Trading close to high-impact news is restricted. Check the firm's news window before CPI, NFP or FOMC.

  • Holding overnight: Not allowed

    Close every position before the end of each trading day.

  • Holding over the weekend: Not allowed

    Close every position before the market closes on Friday.

  • EAs, bots & algorithms: Not stated

    The firm doesn't say. Ask support in writing before you rely on it.

  • Copy trading: Not stated

    The firm doesn't say. Ask support in writing before you rely on it.

  • Hedging: Not allowed

    Hedging (opposite positions) is not allowed.

Loss limits by plan

Quick Pay (Intraday drawdown)

Daily
None
Max
4%
Min days
5

Trailing (intraday). Your loss limit follows your highest equity in real time, including open trades. A big unrealised win can raise it.

Quick Pay (EOD drawdown in evaluation)

Daily
None
Max
4%
Min days
5

Trailing (end of day). Your loss limit follows your highest end-of-day balance. Swings during the day don't move it.

Fast Pass (EOD drawdown)

Daily
None
Max
4%
Min days
3

Trailing (end of day). Your loss limit follows your highest end-of-day balance. Swings during the day don't move it.

Fine print

  • Consistency rule: Evaluation: Quick Pay 30%, Fast Pass 45% best-day limit. Fast Pass funded also 45%. How consistency rules work →
  • Scaling plan: Fast Pass: +1 contract per $2k EOD profit; up to 5 Funded Live accounts.
  • Free retry: available under the firm's published conditions.