Trade Day has recently made some notable changes to its account tiers and evaluation fees, prompting traders to reassess their options. Here’s a breakdown of the changes and how they compare to competitors in the prop trading space.
Several account tiers appear to have been removed or are under review:
The removal of these tiers raises questions about the future structure of Trade Day’s offerings, especially for traders who prefer these specific evaluations.
While some tiers have seemingly vanished, Trade Day has adjusted fees for various evaluations:
50K Quick Pay Intraday Evaluation:
100K Quick Pay Intraday Evaluation:
150K Quick Pay Intraday Evaluation:
These adjustments show a mixed approach, with some fees decreasing while others are on the rise, potentially affecting the overall cost-effectiveness of these evaluations for traders.
When examining Trade Day's offerings, it’s essential to consider how they stack up against competitors like Alpha Futures and My Funded Futures, both of which boast impressive Trustpilot ratings of 4.9.
Trade Day's recent modifications to account tiers and evaluation fees warrant careful consideration from traders. The potential removal of popular tiers and the mixed adjustments in fees could impact trading strategies and overall profitability. As always, it's crucial for traders to stay informed and compare options across firms to find the best fit for their trading needs.