
Day Traders
🏢 Who They Are
DayTraders Prop Firm positions itself as a premier futures prop trading firm, offering both evaluation and funded trading programs. They cater to aspiring and beginner traders, providing capital and trading infrastructure backed by transparent and fully automated processes .
Their proprietary ProjectX platform includes TradingView integration, real-time depth-of-market data, risk controls, and mobile/web support .
📚 Account Programs & Types
1. Pro Format Accounts
- Trail Accounts (25K, 50K, 75K): One-time fee; trail threshold equals profit target, no daily drawdown.
- Static Accounts (25K, 50K, 75K): Fixed dollar drawdown limits, no trailing stops.
- Upon paying activation fee (~$130), these convert into Pro Accounts upon qualification .
2. Straight-to-Funded (S2F) Accounts
These skip evaluation and go directly into a simulated funded environment with:
- End‑of‑Day trailing drawdown, specific max drawdown & daily loss limits.
- Profit objectives scale by account size.
- Activation includes all payout and risk terms .
📏 Trading Rules & Limits
Account Caps
- Up to 2 Pro accounts and 3 S2F accounts simultaneously—max 5 total .
Risk & Drawdowns
- No hedging across accounts; no automated high-frequency trading allowed .
- Pro consistency rule: Max 30% of total profit in a single day.
- S2F consistency rule: Max 20% of total profit per day .
- Pro account drawdowns reset via static or intraday trailing limits.
- S2F uses end-of-day trailing drawdown based on daily high balance .
Qualifying & Activity
- Pro: Minimum 8 qualifying trading days.
- S2F: Minimum 10 qualifying trading days.
- All accounts require at least one trade every 30 days .
- A Qualifying Day (Q-Day) requires daily minimum profit per account size (e.g., $200 for a 50K account).
đź’° Withdrawals & Payouts
Payout Structure
- Pro & S2F accounts offer 100% profit split (simulated funds), subject to min payouts and balance rules .
- Minimum payout request: $500, in $50 increments .
- After payout, account must maintain a post-withdrawal balance above a set threshold .
Specific Withdrawal Limits
Example thresholds after payout:
- 25K → must target $27K pre, stay above $26K post, max $1K/withdrawal.
- 50K → $52.6K pre, $52K post, max $2K/withdrawal, etc.
S2F Payout Guidelines
- Profit targets vary: e.g., $3.5K gain on 50K yields $2K payout, then next round requires $3K profit for next payout.
- Max single payout: 25K → $1K; 50K → $2K; 150K → $3K .
- Total withdrawal cap across all accounts: $150,000 per user .
Payout Process
- Must have qualifying days & meet profit and balance rules.
- Set up payout method (e.g. Plane).
- Request before 5 PM ET—payouts processed same day.
- Make a small follow‑up trade to generate system report.
🖥️ Platform & Tech
ProjectX Platform
- Web and mobile browser-based, no installs.
- Seamless TradingView™ charting, real-time market data (50 ms latency), and multi-market monitoring DayTraders.
- Depth-of-market with hundreds of levels, plus built‑in risk controls (auto‑liquidation, daily locks).
đź”’ Other Essential Details
Instruments & Educational Nature
- Trades options are strictly CME, COMEX, NYMEX, CBOT futures only.
- Not a capital-broker: all trading is simulated for educational or evaluation purposes .
Transition to Live
- After max payouts or 6 payout cycles, risk team reviews performance to offer real funded accounts
Failures & Rebuys
- Pro account failure requires restarting the evaluation.
- S2F failure—must repurchase account .
Compliance & Tax
- U.S. traders receive 1099-NEC; non-U.S. traders get none.
- Violating rules can void withdrawal or disqualify account
âś… Final Take
DayTraders.com offers:
- Transparent, trader-focused rules
- No profit splits in simulated funding
- Flexible account types: Trail, Static, and Straight-to-Funded
- A powerful, integrated trading platform
- Clear withdrawal system with defined thresholds and limits
Everything operates within a simulated environment, aiming to groom traders for real futures markets. If you’d like expansion on platform screenshots, comparison with competitors, or trader feedback, just let me know!
