TradeDay Rules Explained (2026): Quick Pay vs Fast Pass Drawdown, Consistency and Payout Rules

PickMyFuturesProp · 2026-10-09

TradeDay Quick Pay vs Fast Pass rules in plain English: why Quick Pay turns intraday once funded, the 50/50 vs 80/20 split math and the Fast Pass payout caps.

TradeDay keeps its rulebook short. Its own help center says the evaluation has just one hard rule: don't hit the max drawdown. But the details around that rule decide how you pass and how much you keep, and two of them catch people out: Quick Pay always becomes intraday drawdown once you're funded, and the split depends on how much profit is sitting in the account. Here's every TradeDay rule in plain English, from TradeDay's own help center (checked October 9, 2026).

TradeDay at a glance

Two account families: Quick Pay (End-of-Day or Intraday drawdown in the evaluation) and Fast Pass (End-of-Day only).
Billing: a monthly evaluation subscription. If you fail, you can buy a reset or wait for your next renewal, which resets you for free.
No activation fee when you pass.
Sizes and targets: 25K / 50K / 100K / 150K with targets of $1,500 / $3,000 / $6,000 / $9,000 and max drawdown of $1,000 / $2,000 / $3,000 / $4,500. Fast Pass uses the same targets, drawdowns and position limits as Quick Pay.
Position limits: 2 / 5 / 10 / 15 minis.
Code: PICK takes 55% off at our last check. Current prices are on our TradeDay discount code page.

Prices

Quick Pay (list, per month): 25K $100, 50K $131, 100K $240, 150K $360.

Fast Pass (list, per month): 50K $180, 100K $320, 150K $480.

Passing the evaluation

Quick Pay

Minimum 5 trading days. Hit the target early and you still keep trading until day 5.
30% consistency rule: no day can be more than 30% of your total profit. On the 50K, passing at $3,000 means your best day can be at most $900. A $1,200 best day means you need $4,000 of total profit before you pass ($1,200 is 30% of $4,000).
Drawdown: you choose End-of-Day or Intraday trailing when you buy.

Fast Pass

No minimum trading days. In practice the 45% rule below means at least 3 days, since two days can cover at most 90% of your profit.
45% consistency rule: on the 50K, passing at $3,000 means your best day can be at most $1,350.
Drawdown: End-of-Day only.

The drawdown rules

End-of-Day drawdown only moves up at the close, based on your closing balance. But it's still enforced in real time: if your equity touches the line mid-session, you're out.
Intraday drawdown follows your highest balance including open profit. If a trade runs up $1,000 and comes back, the floor has already moved up $1,000.
On both, the drawdown stops trailing once it reaches your starting balance. On a 100K, the floor starts at $97,000 and freezes at $100,000 once you've reached $103,000.

The rule most people miss: Quick Pay turns intraday once funded

TradeDay's funded rules say all Quick Pay funded accounts use intraday drawdown, whatever drawdown you had in the evaluation. So buying a Quick Pay End-of-Day evaluation gets you an easier evaluation, but not an end-of-day funded account. Two more Quick Pay details:

The funded drawdown trails your gross profit, which includes money you've already withdrawn. Taking a payout doesn't stop the floor from rising.
Fast Pass funded accounts stay End-of-Day. If you want end-of-day drawdown after you pass, Fast Pass is the TradeDay account that keeps it.

New to the difference? See EOD vs intraday trailing drawdown.

Quick Pay payout rules

When: from day one of the funded account, with no buffer to build first.
Minimum request: $250.
Processing: requests in before TradeDay's 5:30 PM cutoff are handled by the next business day.
The split depends on the profit sitting in that account:
Below $4,000 of current profit, payouts are split 50/50.
Above $4,000, and the payout leaves more than $4,000 in the account, the split is 80/20.
If a payout takes you from above $4,000 to below it, the part above $4,000 is 80/20 and the rest is 50/50.

Here's the math on a 50K Quick Pay account with $6,000 of profit. A $1,000 payout leaves $5,000 in the account, so all of it is 80/20 and you receive $800. A $3,000 payout drops you to $3,000: the first $2,000 is paid at 80% ($1,600), the last $1,000 at 50% ($500), so you receive $2,100. Small early withdrawals are expensive under this rule. Letting profit build past $4,000 first is how you get the better split.

Fast Pass payout rules

5 profitable days before each payout. The minimum profit that counts as a profitable day scales with account size.
No consistency rule once funded. The 45% rule only applies to passing the evaluation.
Payout cap: up to $2,000 / $2,500 / $3,000 per payout on the 50K / 100K / 150K.
$250 minimum, with the same 50/50 vs 80/20 split as Quick Pay.
Scaling position limit: your funded contract limit grows by 1 contract for every $2,000 of profit.

Other rules to know

News: positions are auto-liquidated 2 minutes before tier-1 releases (FOMC, CPI, NFP, plus EIA and crop reports) until 2 minutes after.
Daily close: be flat before the close. Open positions are auto-liquidated 10 minutes before it.
Price limits: funded traders can't trade within 2% of a price limit.
Account limits: up to 10 accounts in total, at most 5 funded sim and 5 funded live.

Quick Pay or Fast Pass?

Pick Quick Pay if you want payouts from day one with no profitable-day count, you're fine trading an intraday drawdown once funded, and you'll let profit build past $4,000 for the 80/20 split.
Pick Fast Pass if you want to pass in as few as 3 days, you want end-of-day drawdown after you pass too, and you can live with 5 profitable days and a cap on every payout. The split works the same as Quick Pay, so the $4,000 rule still matters.

For more, read our TradeDay review, or compare TradeDay head to head: TradeDay vs Topstep, MFFU vs TradeDay, Tradeify vs TradeDay and TradeDay vs OneUp. Or line it up against every firm in the comparison tool.

Sources

All rules above come from TradeDay's help center, checked October 9, 2026:

Prop firm rules change often. Confirm on TradeDay's site before you buy.