Multiple Accounts

• Traders can have up to six (6) accounts at any one time.

• The total is calculated across all evaluation account types and a maximum of 3 for Funded Sim, and 1 Funded Live. 
  

• Traders can have multiple accounts across different evaluation tiers and drawdown types.

• Traders can only have one Funded Live account. When in Funded Live, you will not be able to purchase additional accounts.
   
• Traders can use a copy trader to copy trades from your personal account elsewhere into your TradeDay evaluation and Funded accounts.

Number of multiple accounts and signing up

Traders can have up to six (6) accounts at any one time. The total is calculated across all evaluation account types.  The total is calculated across all evaluation account types  and a maximum of 3 for Funded Sim, and 1 Funded Live. 

If a trader passes more than 3 evaluations accounts, only 3 of these will be moved to Funded Sim status. Any additional passed evaluations will be queued, and only moved to an active Funded Sim once one of the 3 Funded Sim accounts is lost, or when Funded Sim accounts are moved to Funded Live.

If a trader has an active Funded Live account, they will not be able to purchase additional accounts until they have been off-boarded from the Funded Live. 

Trading platforms

Traders can only have multiple accounts on one trading platform only. A trader cannot split the trading account across different trading platforms (for example, you cannot have a 50k evaluation on Tradovate and a 50k evaluation on TradeDayX).

Evaluation tiers and Drawdowns

There are no restrictions on having multiple accounts across different drawdown types or evaluation tiers. However, as mentioned above, they all need to be on the same platform. 

Multiple accounts and Funded Sim Milestones

Upon reaching each of the Funded Sim milestones (see FAQ here), each Funded Sim account will be evaluated separately, and the Head of Trading will make a decision on whether to extend to the next milestone or to transition individual or multiple accounts to a Funded Live account.

Multiple accounts and Funded Live accounts.

Traders can only have one Funded Live account. When moving multiple accounts from Funded Sim to Funded Live, the profits from each Funded Sim account will be merged into one Funded Live account. 

The position limits for the Funded Live account will be set at the highest level of any of the Funded Sim accounts from which the trader is graduating. TradeDay reserves the right to reduce position limits based on withdrawals and losses. Additional position limits will be set in accordance with the TradeDay scaling plan, but this will be at the discretion of the Head of Trading.  

How to get set up on Multiple Accounts

Each new account is purchased as a new subscription (and is managed separately). After you have signed up for your initial evaluation, you can add a new account by creating a new subscription. The easiest way to do this is to log in to the member’s area and select "ADD SUBSCRIPTION" from the top-right profile menu.

Full instructions on how to purchase and set up can be found in the member’s area on this page here.

Hedging 

Hedging is prohibited at TradeDay (the practice of simultaneously going long in one account and short in another account for the same product). Users caught hedging will be offboarded and suspended, and will forfeit all profits in funded accounts. 

Do you need a trade copier?

TradeDay has secured discounts on trade copying software for our traders.

If you are interested in trade copying across different accounts, some platforms have built-in trade copiers (for example, Tradovate, Quantower, and TradeDayX). However, if you need to purchase one, we recommend the copiers below.

Before purchasing one of these trade copiers, please ensure that it offers the features you require and is compatible with your setup. You will need to contact their support for help with this.

Tradesyncer Get 10% off with code: TDTC

Flowbots Replikanto Get 20% off with code: tradeday