Side-by-side: drawdown, payouts, pricing, platforms. TradeDay uses EOD-trailing + lock, FTMO uses Static — these are different beasts.
| Dimension | TradeDay | FTMO |
|---|---|---|
| Drawdown mechanic | EOD-trailing + lock | Static |
| Cheapest eval | $69 | $280 |
| Profit split | 95% | 80% / 90% |
| Payout frequency | Daily | Bi-Weekly |
| Max funding | $900,000 | $200,000 |
| Max payout | Unlimited | — |
| Assets | Futures | Forex, Indices, Commodities, Metals, Crypto |
| Platforms | Ninjatrader, ProjectX, Tradingview, Tradovate | MetaTrader 4, MetaTrader 5, cTrader |
| Payout methods | Crypto, Credit Card | — |
| Promo code | VIBES (40% off) | — |
| Paul-tested | Yes | Yes |
TradeDay uses EOD-trailing + lock while FTMO uses Static. Your risk approach needs to adjust when switching.
MLL trails up at end-of-day until it reaches starting balance, then locks permanently. Intraday drops don't reset. Most-protective futures mechanic.
Fixed-dollar MLL — never moves. Simplest mechanic.
TradeDay offers 4 plans. FTMO offers 4 plans.
TradeDay's cheapest evaluation is $69. FTMO's cheapest is $280. TradeDay wins on entry price by $211.
TradeDay uses EOD-trailing + lock. FTMO uses Static. These are fundamentally different — your risk model needs to change when switching between them.
TradeDay: 95%. FTMO: 80% / 90%.
Yes for TradeDay — documented payouts on the main review page. FTMO also Paul-tested with documented payouts.
Yes. Different prop firms have no shared compliance — running them in parallel is the standard playbook for funded traders looking to diversify firm-risk. Track each firm's rule changes independently.
TradeDay payout cadence: Daily. FTMO: Bi-Weekly. Method matters too — Wise and Plaid typically beat ACH and wire by 1-2 days.
No cross-firm compliance overlap. Each firm 1099s independently for US residents. Cross-firm copy-trading rules only matter inside a single firm's account family.
Drawdown mechanic comes first. TradeDay offers lock-protection on first profits — favors traders who scale slow. After mechanic, evaluate payout speed and your strategy's drawdown profile.