Take Profit Trader vs TradeDay
In-depth comparison of Take Profit Trader and TradeDay. Compare pricing, evaluation rules, payout structures, and platforms to choose the best prop firm for your trading style.
Take Profit Trader
TradeDay
Quick Comparison
| Feature | Take Profit Trader | TradeDay |
|---|---|---|
| Rating | 4.7/5 | 4.5/5 |
| Starting Price | $170/mo | $169/mo |
| Evaluation Phases | 1 phase | 2 phases |
| Profit Target | 6% | 6% |
| Max Drawdown | 5% | 5% |
| Profit Split | 80% | 80% |
| Payout Frequency | On-demand | Bi-weekly |
| Platforms | NinjaTraderRithmicTradovate | RithmicTradovateNinjaTrader |
Pricing
Take Profit Trader starts at $170/mo while TradeDay starts at $169/mo. TradeDay offers more affordable entry points.
Evaluation Rules
Take Profit Trader has 1 phase(s) with 5% max drawdown. TradeDay has 2 phase(s) with 5% max drawdown. Take Profit Trader has more lenient evaluation rules.
Payout Structure
Take Profit Trader offers 80% profit split with On-demand payouts. TradeDay offers 80% with Bi-weekly payouts. Both offer competitive payout structures.
Platform Options
Take Profit Trader supports 3 platform(s): NinjaTrader, Rithmic, Tradovate. TradeDay supports 3 platform(s): Rithmic, Tradovate, NinjaTrader. Both offer similar platform options.
Take Profit Trader - Pros & Cons
Pros
- Day one payouts
- No minimum trading days
- Flexible withdrawal
Cons
- Monthly subscription
- Trailing drawdown
TradeDay - Pros & Cons
Pros
- Multiple platforms
- Good pricing
Cons
- Two-phase
- Standard rules
Final Verdict
Based on our comprehensive analysis, Take Profit Trader edges ahead with a 4.7/5 rating compared to 4.5/5.