Are there any fees when I am funded?

Modified on Sat, 22 Feb at 12:03 PM


  • On the day you are funded, TradeDay cancels your monthly subscription payments.

 

  • TradeDay has a one-off setup fee for both Funded Sim and Funded Live accounts of $139. Please note that this fee is only collected once. If a trader choose Funded Sim and graduates to Funded Live by hitting $5k profits, they will not have to pay the activation fee again. However, each time an evaluation is passed, the setup fee does need to be paid.


  • The one-off setup fee (activation fee) will have to be paid before access is given to the Funded Sim or Funded Live account, and within 30 days of the offer of a funded account, after which the funded account offer will be seen as withdrawn. 


  • For Funded Sim traders there is no market data fee to pay. Simulated commission is included in your PnL.


  • Funded Live traders will be responsible for the CME professional market data fees, and your trading commissions. Trading commissions are debited directly from your trading account balance.

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The professional market data fee is $140 per month, per Exchange.


For Funded Live traders, the CME Market Data fees are passed on directly to you, and paid on your credit card.  TradeDay has no control over them. Note, there is a $2 a month credit card processing fee that Tradovate charges.

While you remain either a Funded Sim trader, or Funded Live trader at TradeDay, we will not charge you the monthly membership fee to TradeDay, you are welcome to continue to use the resources of the members area for free for the time you remain a funded trader with TradeDay. 

 

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