Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

PropEd Capital PropEd Capital
TradeDay TradeDay
PropEd Capital 4.8 Get Started
TradeDay 8.1 Get Started
Overview
Asset Type Futures Futures
Country United States United States
Established Sep 2025 Jan 2020
Technology White-Label Proprietary
Platforms R | Trader Pro, Rithmic Trading View, NinjaTrader, Tradovate
Trading Rules
Profit Split 80% Best 80% initially, up to 95% after $50K cumulative profit
Daily Drawdown None (no daily loss limit) Trailing drawdown (no separate daily loss limit). $2,000 for $50K, $3,000 for $100K, $4,500 for $150K accounts (Intraday: calculated intraday; EOD: calculated at end of day).
Payout Frequency Biweekly Daily
Direct Path to Funded ✗ No ✓ Yes
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Fully published catalog: price, profit target, drawdown, withdrawal buffer, consistency, minimum payout and payout cap are listed per plan on /plans and /faq before checkout. One-time fee with no activation fee (the funded account is created automatically on passing). Real-time passing on unrealized P&L: the evaluation passes the moment balance plus open P&L touches the target. EOD-only drawdown with no daily loss limit. Overnight and weekday swing holds allowed (no forced 3:45 PM Eastern close). News trading, scalping, EAs/bots and copy trading permitted. 80% profit split with a 90/10 add-on. Live average payout time of 1 hr 19 min displayed on the homepage with dated payout certificates (most recent 2026-08-03). Free Onyx web platform plus Rithmic data fees covered by the firm. A documented path from sim-funded to a live Ironbeam sub-account after 4 payout cycles. TrustPilot 4.5 from 42 reviews.
  • Day-one payouts with no buffer on Quick Pay, Fast Pass funded in 3 days, over $10M in verified payouts since 2020, no activation fee, multiple funded accounts allowed, free ebook library
Main Drawbacks
  • Very new company: Michigan LLC created 2025-09-19 and the TrustPilot profile was only claimed in November 2025, so there is a short track record. Weekend holding is not included, it requires a paid add-on ($16.35 to $194.85 depending on plan). Hedging is banned, including offsetting mini/micro pairs and opposing positions in correlated index complexes. Payout caps are per plan and low relative to account size ($1,000 to $5,000 per payout) with a $500 minimum and a biweekly default frequency. TrueRisk Instant Funded plans require a 120% withdrawal buffer. Live capital is capped at a combined $10,000 and you cannot hold sim-funded accounts while a live account is open. Maximum 5 funded accounts. The firm is not regulated by any financial authority and states it is not a broker, FCM, CTA or exchange. Payout methods are not published on any public page. Available account rules are described as catalog-defined and the checkout summary and account agreement are stated to override the marketing pages.
  • Monthly subscription pricing (recurring), trailing drawdown calculated intraday (strict), 30% consistency rule, limited to 50K/100K/150K account sizes only
Offers & Promo Codes
Active Offers No offers
30% off + no activation fee on all evaluations SAVE30
50% off all evaluation accounts. Code TDNEW. Verified live on tradeday.com 2026-06-13. TDNEW

Challenge Details

PropEd Capital Challenges

15 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$109 $65.4
Catalog list price $109, currently displayed sale price $65.4 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$25K 1 Step P1: $1,500
 P1: -
P1: $1,000 (eod)
 80% None
$175 $105
Catalog list price $175, currently displayed sale price $105 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$50K 1 Step P1: $3,000
 P1: -
P1: $2,000 (eod)
 80% None
$179 $107.4
Catalog list price $179, currently displayed sale price $107.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$1.25K 1 Step P1: $1,875
 P1: -
P1: $1,250 (Static)
 80% None
$285 $171
Catalog list price $285, currently displayed sale price $171 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$100K 1 Step P1: $6,000
 P1: -
P1: $4,000 (eod)
 80% None
$319 $191.4
Catalog list price $319, currently displayed sale price $191.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$2.5K 1 Step P1: $3,750
 P1: -
P1: $2,500 (Static)
 80% None
$365 $219
Catalog list price $365, currently displayed sale price $219 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$150K 1 Step P1: $9,000
 P1: -
P1: $6,000 (eod)
 80% None
$499 $299.4
Catalog list price $499, currently displayed sale price $299.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$5K 1 Step P1: $7,500
 P1: -
P1: $5,000 (Static)
 80% None
$599 $359.4
Catalog list price $599, currently displayed sale price $359.4 on https://propedcapital.com/plans/instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$50K Instant P1: $0
 P1: -
P1: $2,500 (eod)
 80% None
$649 $389.4
Catalog list price $649, currently displayed sale price $389.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$2.5K Instant P1: $0
 P1: -
P1: $2,500 (Static)
 80% None
$799 $479.4
Catalog list price $799, currently displayed sale price $479.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$10K 1 Step P1: $15,000
 P1: -
P1: $10,000 (Static)
 80% None
$949 $569.4
Catalog list price $949, currently displayed sale price $569.4 on https://propedcapital.com/plans/instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$100K Instant P1: $0
 P1: -
P1: $5,000 (eod)
 80% None
$1049 $629.4
Catalog list price $1,049, currently displayed sale price $629.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$5K Instant P1: $0
 P1: -
P1: $5,000 (Static)
 80% None
$1299 $779.4
Catalog list price $1,299, currently displayed sale price $779.4 on https://propedcapital.com/plans/instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$150K Instant P1: $0
 P1: -
P1: $7,500 (eod)
 80% None
$1399 $839.4
Catalog list price $1,399, currently displayed sale price $839.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$7.5K Instant P1: $0
 P1: -
P1: $7,500 (Static)
 80% None
$1749 $1049.4
Catalog list price $1,749, currently displayed sale price $1,049.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$10K Instant P1: $0
 P1: -
P1: $10,000 (Static)
 80% None

TradeDay Challenges

9 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$125 $87 $50K 1 Step P1: $3,000
 P1: -
P1: $2,000 Trailing (Calculated Intraday)
 80% initially, up to 95% None
$165 $115 $50K 1 Step P1: $1,500
 P1: -
P1: $500 Static
 80% initially, up to 95% None
$175 $122 $50K 1 Step P1: $3,000
 P1: -
P1: $2,000 Trailing (Calculated End of Day)
 80% initially, up to 95% None
$200 $140 $100K 1 Step P1: $6,000
 P1: -
P1: $3,000 Trailing (Calculated Intraday)
 80% initially, up to 95% None
$250 $175 $100K 1 Step P1: $2,500
 P1: -
P1: $750 Static
 80% initially, up to 95% None
$275 $192 $100K 1 Step P1: $6,000
 P1: -
P1: $3,000 Trailing (Calculated End of Day)
 80% initially, up to 95% None
$300 $210 $150K 1 Step P1: $9,000
 P1: -
P1: $4,500 Trailing (Calculated Intraday)
 80% initially, up to 95% None
$350 $245 $150K 1 Step P1: $3,750
 P1: -
P1: $1,000 Static
 80% initially, up to 95% None
$375 $262 $150K 1 Step P1: $9,000
 P1: -
P1: $4,500 Trailing (Calculated End of Day)
 80% initially, up to 95% None
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