What Is DayTraders?
DayTraders is a proprietary trading firm that funds aspiring traders who demonstrate discipline, consistency, and profitability during a structured evaluation phase. Unlike traditional brokerages, prop firms like DayTraders don’t profit from commissions or spreads. Instead, they partner with traders by giving them access to a funded trading account and sharing in the profits made.
In plain terms, DayTraders provides the capital, and you bring the skills. If you pass their evaluation challenge, you gain access to a live funded account where you can trade financial instruments such as forex, indices, and commodities. The profits you generate are split between you and the firm according to a pre-agreed model.
This setup is especially attractive for retail traders who may have the talent but lack significant capital. It also helps mitigate risk. Instead of risking personal funds, you can trade with the firm’s money and focus purely on performance. This creates an opportunity to grow your trading career without financial pressure or emotional baggage tied to losing personal money.
A Launchpad for Retail Traders
DayTraders has positioned itself as a launchpad for skilled retail traders looking to prove their abilities in a real-world environment. The firm is known for its supportive ecosystem, offering clear rules, fast evaluations, and no nonsense. You won’t have to worry about obscure backend data algorithms or being disqualified for trading a news event by accident.
The challenge is straightforward. You select an account size, agree to certain rules and objectives, and prove that you can manage risk while hitting reasonable profit targets. If you succeed, the firm will fund you with a live account and allow you to trade under their capital. Many traders use DayTraders as a stepping stone into professional trading without going the hedge fund or institutional route.
Backed by Real Traders and Data
What also makes DayTraders credible is its background. The firm is operated by professionals with real trading experience. This isn’t just a flashy website designed by marketers. It’s a system built by people who understand the ups and downs of live markets.
You can see this reflected in the structure of their challenge. The risk parameters are reasonable, the profit targets are attainable, and the trading rules are relevant to real market conditions. It’s not a game designed to trick you into failing so you’ll pay again. Their model thrives when traders succeed, not when they repeatedly fail challenges.
How It Compares to Other Prop Firms
Unlike firms that give you unrealistic drawdowns or profit targets that require you to gamble trades, DayTraders offers a more grounded approach. You’re judged not just on how much profit you can make, but on how well you manage your trades over time. The evaluation system reflects actual trading skills instead of rewarding high-risk behavior.
DayTraders also supports multiple trading styles. Whether you’re a breakout trader, a mean-reversion strategist, or someone who blends indicators with price action, you won’t feel boxed in. As long as you respect their rules and meet the objectives, you’re eligible for funding.
Transparency Builds Trust
Transparency is one of the biggest selling points of DayTraders. Their website clearly lays out every rule, from the daily loss limits to the maximum drawdowns and evaluation periods. There are no hidden clauses, no buried fees, and no confusing fine print. This open approach builds confidence, especially for traders who have been burned by shady or vague funding firms in the past.
You’ll also find real reviews from traders who have passed the challenge and now manage funded accounts. These testimonials provide valuable insights into the actual experience of working with DayTraders and validate the firm’s commitment to supporting its traders.
How the DayTraders Prop Firm Challenge Works
The DayTraders Prop Firm Challenge is the gateway to getting funded. It’s a performance-based evaluation designed to test your ability to trade profitably while following strict risk management guidelines. This isn’t about luck or throwing Hail Mary trades hoping they hit. It’s about consistency, discipline, and strategy.
The process is broken into several clear stages, starting with choosing your account parameters and culminating in live trading with real capital. Let’s walk through each part of the journey so you know exactly what to expect.
Choose Your Account Size and Profit Split
First things first, you pick your preferred account size. DayTraders typically offers several options, such as $10,000, $25,000, $50,000, $100,000, and sometimes even higher. Each tier comes with its own entry fee, drawdown limits, and payout potential.
Once you’ve selected your account size, you also choose your profit-split model. This is how you and the firm will share the profits once you’re funded. Common splits are 75/25 or 80/20 in favor of the trader, and higher profit shares are often available for those who perform exceptionally or participate in scaling plans.
This level of customization is ideal for different types of traders. Whether you’re conservative and want to start small, or you’re confident and ready to go big, DayTraders has a setup that fits.
Complete the DayTraders Prop Firm Challenge
After registering and selecting your parameters, you begin the actual challenge. This phase is a simulated environment that mimics real-market conditions. Your job? Hit the profit target while staying within the allowed risk parameters.
The typical requirements include:
- Achieving a set profit target, often between 8% to 10% of your starting balance.
- Avoiding violations of the maximum daily loss limit, usually around 4% to 5%.
- Staying within the total drawdown limit, often set at 8% to 10%.
- Maintaining a minimum number of trading days, typically five or more, to prevent passing in a single lucky trade.
The challenge has no time limit in some cases, allowing you to trade at your own pace. That’s a big win for swing traders and those with slower strategies who don’t want to be forced into overtrading.
Pass Evaluation and Get Funded
If you complete the challenge successfully, you’ll be promoted to the funded trader phase. This is where things get real. You’ll receive access to a live trading account, funded with real capital, based on the account size you selected.
The transition from evaluation to funding is smooth. There’s no unnecessary bureaucracy or waiting period. Once your trades are reviewed and confirmed for compliance, you’re in.
At this stage, you’re expected to follow the same risk rules but now get to keep a share of the profits. The profit split starts immediately, and you can begin building your trading business without risking your own money.
What Are the Options For Funded Accounts?
DayTraders offers multiple funded account types to suit various trading preferences, styles, and risk profiles. Whether you prefer to be tested with trailing drawdowns, want fixed equity protection, or wish to skip the challenge altogether with instant funding, there’s a model for you.
Below, we break down the core features of each account type. These tables summarize everything you need to know to choose the path that fits your trading goals and personality.
Trail Account (Challenge-Based With Trailing Drawdown)
Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Overall Drawdown |
$25,000 | $249 | 6% | N/A | 4% Trailing Drawdown |
$50,000 | $379 | 6% | N/A | 4% Trailing Drawdown |
$75,000 | $449 | 6% | N/A | 4% Trailing Drawdown |
The Trail account is ideal for traders who excel in maintaining equity over time. With no daily drawdown rule, you can breathe a little easier, but must still keep your overall risk tightly managed with a trailing 4% cap.
Static Account (Challenge-Based With Fixed Drawdown)
Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Overall Drawdown |
$25,000 | $150 | 7.50% | N/A | 2% Static Drawdown |
$50,000 | $200 | 7.50% | N/A | 2% Static Drawdown |
$75,000 | $250 | 7.50% | N/A | 2% Static Drawdown |
Static accounts are perfect for traders who prefer consistency and predictability. Since your drawdown threshold is fixed and not trailing, this account rewards careful, deliberate position sizing and smart trade management.
S2F Account (Instant Funding With Real-Time Trading)
Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Overall Drawdown |
$25,000 | $150 | 7.50% | N/A | 2% Static Drawdown |
$50,000 | $200 | 7.50% | N/A | 2% Static Drawdown |
$75,000 | $250 | 7.50% | N/A | 2% Static Drawdown |
S2F accounts offer instant access to live capital without the need to pass any evaluation. This model is designed for confident traders who are ready to start trading right away, with tight yet fair risk constraints.
Each of these models is tailored to a specific kind of trader. Whether you’re conservative, aggressive, or somewhere in between, DayTraders gives you a platform to perform and get paid without financial roadblocks.
DayTraders’ Rules and Restrictions
Every funded trader dreams of turning talent into profits. But before you can reap the rewards, it’s critical to understand the trading rules DayTraders enforces across its account types. These aren’t arbitrary limits. They’re structured to protect both the firm and its traders from catastrophic losses, promote long-term performance, and encourage professional discipline.
Whether you’re just entering the challenge or already funded, breaking any of these rules can result in account termination or payout delays. So let’s get into the specifics that could make or break your funded journey.
Risk Management Guidelines (Trailing Drawdown, Max Daily Loss)
Risk management is the beating heart of DayTraders’ evaluation system. Depending on your account type, you’ll either deal with a trailing drawdown, a fixed drawdown, or a daily loss cap.
- Trailing Drawdown: Applies mostly to the Trail accounts. This dynamic threshold moves up with your profits but never moves back down. If your equity falls 4% below your peak balance, the account is breached.
- Static Drawdown: Common in Static accounts. Here, the drawdown stays fixed from your starting balance, allowing more flexibility once you’ve built up some cushion.
- Daily Loss Limit: This is most relevant for the S2F accounts. You cannot lose more than 2.5% of your account balance in a single trading day. If you hit or exceed that, your account will be closed.
These rules are strictly monitored via real-time dashboards and alerts. There are no warnings or second chances once you’ve violated a risk parameter, which is why precision is critical.
News Trading, Overnight Holds, and Other Restrictions
Some prop firms impose harsh restrictions on trading during news events or holding positions overnight. DayTraders takes a more realistic and trader-friendly approach.
- News Trading: DayTraders does not restrict you from trading during high-impact news events unless otherwise specified for a special account type. However, they encourage caution due to market volatility.
- Overnight and Weekend Holds: In most cases, overnight holding is allowed, especially in static accounts. However, some accounts may limit weekend holds to reduce gap risk. Always check your specific account rules.
- Lot Size and Leverage Rules: You’re generally free to use leverage and lot sizes responsibly, but aggressive over-leveraging that leads to rapid equity swings can raise red flags in account reviews.
DayTraders isn’t trying to micro-manage you like a helicopter parent. Their goal is to create an environment where traders can thrive while managing risk like professionals.
Consistency and Scaling Rules
Consistency is rewarded at DayTraders, especially when it comes to scaling plans and payout increases. But don’t expect to hit one lucky trade and receive a massive capital boost.
- No One-Hit Wonders: Accounts are reviewed for trade consistency, equity growth, and risk discipline. If 90% of your profit came from one fluke trade, you may not qualify for scaling or payout enhancements.
- Scaling Plans: Perform well over time and DayTraders will increase your funded account balance in stages. The better your metrics and the cleaner your risk profile, the faster you can scale.
They are looking for steady, controlled growth, not reckless gains. This system weeds out gamblers and uplifts methodical, long-term thinkers.
These rules may seem strict, but they’re designed to mirror real institutional trading environments. They separate the disciplined from the lucky, the professional from the impulsive. Master these guidelines, and you’ll not only stay in the game but thrive in it.
Payment, Withdrawals, and Payout Process
You’ve passed the challenge, followed the rules, and now it’s time to focus on what really matters: getting paid. Tradeify understands this well. That’s why their payment and payout processes are designed to be clear, fast, and trader-friendly.
We’ll break this section into two parts: what you pay to get started and how you receive your profits.
Fee Payments (for Challenges and Funded Accounts)
Like any top prop firm, Tradeify charges fees to support its infrastructure and provide capital access. The fee model varies depending on which account type you choose.
Here is a breakdown of their pricing:
- Lightning Funded (Instant Funding): This account comes with a one-time flat fee that ranges from $349 to $729 depending on the account size.
- Growth Model: This option uses a recurring monthly fee, which ranges from $139 to $339.
- Advanced Model: A cost-effective choice with monthly fees between $69 and $129.
All of these fees are non-refundable. However, they unlock access to funded accounts where you can trade real capital and keep most of your profits. Tradeify’s pricing is transparent. You won’t encounter platform fees, surprise charges, or upsells after you’re funded.
It’s a straightforward structure that traders appreciate.
Profit Withdrawals and Payout Schedules
Now let’s talk about your payouts.
Tradeify offers flexible and reliable payment terms that rival top industry standards. Here’s what you need to know:
- First Payout: Traders become eligible after completing 14 days of live trading.
- Future Payouts: You can request additional withdrawals every 14 days following the first one.
- Profit Split: Traders keep up to 90 percent of profits depending on their account type and performance.
- Payment Options: Tradeify processes payouts via Wise, PayPal, cryptocurrency, or direct bank transfers. They support international traders by offering multiple reliable payout channels.
The Tradeify dashboard clearly displays your trading statistics including profit, drawdown, and payout eligibility. This eliminates confusion and gives traders complete visibility without needing to reach out to support constantly.
Helpful Tip: For those using the Growth or Advanced accounts, early withdrawal options become available once you reach your first profit target and remain within your risk parameters.
No Surprises. No Delays.
Unlike some firms that delay or complicate payouts, Tradeify follows through on its promises. Most traders report receiving their funds within 48 hours of submitting a request, and sometimes even faster.
If you ever have questions or concerns about payments, the customer support team is known for being helpful, fast, and accessible. Their support experience is based on real feedback from active traders rather than outsourced scripts or automated replies.
Comparison: DayTraders vs Other Top Prop Firms
🧠 Overview of firms
- DayTraders: Offers Trail, Static, and S2F (Instant Funding) models. Primarily challenge-based with transparent rules and relatively fast payouts.
- Apex Trader Funding: One-step evaluation, flexible risk rules (no daily drawdown), up to 20 accounts per trader. Payouts every ~8 days and high profit retention (first $25K or full varies).
- Topstep: Established in 2012, uses a two-step Trading Combine evaluation; focuses solely on futures. Offers profits split with initial 100% retention up to $10K then 90/10.
- FundedNext Futures: UAE-based, offers CFD and futures trading. Multiple program types including one-step and instant funding, up to $4 million scaling, supports broader instruments.
🔍 Evaluation Process & Ease of Funding
Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Overall Drawdown |
$25,000 | $370 | N/A | 2.50% | 5% |
$50,000 | $570 | N/A | 2.50% | 5% |
$150,000 | $825 | N/A | 2.50% | 5% |
Topstep’s multi-stage evaluation is more structured and slower; Apex and DayTraders are simpler and faster. Reddit users note Apex allows faster funding than Topstep (10+ trading days vs 5-day path) and Topstep pays daily whereas Apex pays about twice monthly.
💰 Cost & Profit Splits
- DayTraders: Fees range from $150–$825 based on model and size. Profit splits generally 75%–90%.
- Apex Trader: Starts at around $150 for $25K. Payout: 100% of profits up to $25K, then 90% thereafter.
- Topstep: Activation fees around $149, monthly data fees approximately $39, resets extra. Profit: 100% up to $10K, then 90%.
- FundedNext: Fees similar or higher than Apex; flexible splits up to 90% or more; first profits structure depends on program type.
Scaling potential:
- Apex allows up to $1.5 million funding
- FundedNext up to $4 million
- Topstep and DayTraders vary by performance and account type
DayTraders Support and Help
Email: support@daytraders.com
Social Media Profiles
- Facebook profile with 243 followers
- X/Twitter profile has 1.5k followers
- Instagram profile has 1.7k followers
- YouTube channel has 217 subscribers and 41 videos
Trust Pilot Reviews
Tradeify has received great customer feedback from its traders on Trust Pilot. With an overall score of 4.7 out of 5 from 172 reviews.
Conclusion
The proprietary trading space has never been more accessible, and Day Traders has carved out a solid reputation by making professional trading opportunities available to everyday retail traders. Whether you’re a disciplined swing trader, a strategic scalper, or someone who just wants to break free from the limitations of a small personal account, DayTraders offers a pathway that rewards skill and consistency.
With flexible account types like Trail, Static, and Instant Funding, traders can choose the model that best aligns with their style. Add in fast payouts, clear rules, and realistic profit targets, and it’s easy to see why DayTraders is gaining attention among serious traders.
What really sets DayTraders apart is its transparency and respect for trader autonomy. The firm isn’t trying to trap you with obscure rules or force you into unrealistic profit targets. Instead, they provide a structured yet flexible environment where your performance is what truly matters.
If you’re ready to move beyond demo accounts and trade with real capital without putting your savings on the line, DayTraders might just be your next smart move. But remember, funded trading isn’t a shortcut. It’s a platform. One that, when used properly, can launch your trading career to new heights.
The DayTraders Prop Firm Challenge is a one-step or instant funding evaluation designed to assess a trader’s consistency, profitability, and risk management. Once you pass, you gain access to a live funded account where you can earn real profits.
If you’re completing the challenge, you can get funded in as little as 5–10 trading days depending on your pace and consistency. For S2F (instant funding) accounts, you can start live trading as soon as your account is activated.
Yes, DayTraders typically allows overnight trading, especially on Static and S2F accounts. Weekend holds may be limited depending on your plan to avoid market gap risks. Always check your specific account’s rules before holding positions.
No, DayTraders does not charge ongoing monthly fees once you’re funded. You only pay a one-time fee to enter the challenge or to access instant funding.
Breaking a core risk rule such as exceeding your drawdown limit will result in disqualification from the challenge. However, you may be eligible for a discounted retry, depending on the situation.
Once funded, payouts typically become available after 14 days. After that, they’re processed biweekly or monthly and completed within 24–48 hours of approval. Payment options include bank transfer, PayPal, Wise, and crypto.
About the Author
I’m Ronan Edwards, a funded futures trader and content creator with over 7 years of experience in cryptocurrency and financial markets. My trading journey began in the early boom cycles of 2017 and 2018, where I built a foundation in crypto markets before expanding into forex, gold, and more recently, meme coins.
