TradeDay has fantastic payout and withdrawal rules for traders. The details are below, but in general payouts are paid within 5 days of your request and TradeDay has multiple withdrawal methods available. You can request a payout at any point, and there are no minimum days required nor minimum balance needed before withdrawing. There is a $500 minimum withdraw amount though.
TradeDay is looking to build long term relationships with futures traders, and I highly recommend them.
The information below was current as of the time of writing this article. Please visit TradeDay and review their help section to verify all the information below is still current before signing up.
TradeDay Payouts and Withdrawals
TradeDay processes payouts within 5 days of your request. There is no specific day of the week or time frame to request in, whenever you choose. Information is below.
TradeDay Payout methods include:
1. ACH Bank transfer within the United States (to a US account)
2. Wire transfer anywhere in the world
How do withdraws work with the TradeDay Live Account?
TradeDay withdrawals are easy. TradeDay is currently using a third party service provider to pay traders, so you’ll be given the information to sign up for an account, provide your banking info and how request your payouts.
Withdrawals processed within 5 days at TradeDay.
TradeDay Minimum Payouts and Withdraw Frequency
Good news, you can request a withdrawal at any point. There are no fees on withdrawals. Withdrawal minimum is $500 at any one time.
TradeDay Profit Split With Funded Futures Traders
TradeDay offers their traders 100% of the first $10,000 in profit, and an 90/10 split thereafter. This means the trader keeps 90% of the profits they earn.
Ready to give TradeDay a try?
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Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
You can read more here: Risk Disclosure
Affiliate Disclosure:
The external links on my site and in my video descriptions to trader evaluation companies and software companies are primarily affiliate links. I earn a commission from these companies on any sale made from people visiting these links. That said, I only recommend companies and software I personally use and actually do recommend. Believe me, I turn down a lot of companies who approach me. You can read my full Affiliate Disclosure here.
Additional Disclosure:
The content provided is for informational purposes only. I do my best to keep the content current and accurate by updating it frequently. Sometimes the actual data, rules, requirements and other can differ from what’s stated on our website. CanadianFuturesTrader.ca is an independent website. You should always consult the rules, faqs, knowledge base and support of any of the websites and companies we link to or talk about on our site. The information on their site will always be what ultimately dictates the current rules of their program, software or other. While we are independent, we may be compensated for advertisements, sponsored products, or when you click on a link on our website. The contributors and authors are not registered or certified financial advisors. You should consult a financial professional before making any financial decisions.