TradeDay drawdown rules
When the loss limit rises, what it is measured against, where it stops rising and what a payout does to it, in the firm’s own words.
What makes the loss limit rise · funded
Our reading
It rises tick by tick, while you trade
“All Quick Pay Funded Sim accounts will have an intraday drawdown , regardless of the drawdown had on the evaluation.”help centre · tradeday.freshdesk.com/en/support/solutions/articles/103000008889-what-are-the-rules-for-funded-funded-sim-and-funded-live-traders- · 2026-08-04 · saved copy
Plans: Quick Pay - Intraday 50k, Quick Pay - End of Day (Intraday Funded Drawdown) 50k, Quick Pay - Intraday 100k, Quick Pay - End of Day (Intraday Funded Drawdown) 100k, Quick Pay - Intraday 150k, Quick Pay - End of Day (Intraday Funded Drawdown) 150k
What the limit is measured against · phase 1
Our reading
Live equity, open trades included
“These limits are enforced in real time, regardless of how the limit is calculated. You cannot go below the max drawdown limit with an open position during the trading session, if you do the evaluation will be over.”help centre · tradeday.freshdesk.com/en/support/solutions/articles/103000008855-what-is-the-maximum-drawdown-rule- · 2026-08-04 · saved copy
Plans: Quick Pay - Intraday 50k, Quick Pay - End of Day (Intraday Funded Drawdown) 50k, Fast Pass - End of Day 50k, Quick Pay - Intraday 100k, Quick Pay - End of Day (Intraday Funded Drawdown) 100k, Fast Pass - End of Day 100k, Quick Pay - Intraday 150k, Quick Pay - End of Day (Intraday Funded Drawdown) 150k, Fast Pass - End of Day 150k
What the limit is measured against · funded
Our reading
Live equity, open trades included
“If you have an open position and you touch the limit, your positions will be liquidated, the trading shut off, and you will have failed the evaluation, or lost your funded trading account.”help centre · tradeday.freshdesk.com/en/support/solutions/articles/103000008855-what-is-the-maximum-drawdown-rule- · 2026-08-04 · saved copy
Plans: Quick Pay - Intraday 50k, Quick Pay - End of Day (Intraday Funded Drawdown) 50k, Fast Pass - End of Day 50k, Quick Pay - Intraday 100k, Quick Pay - End of Day (Intraday Funded Drawdown) 100k, Fast Pass - End of Day 100k, Quick Pay - Intraday 150k, Quick Pay - End of Day (Intraday Funded Drawdown) 150k, Fast Pass - End of Day 150k
Where the limit stops rising
Our reading
At your starting balance
“Trailing max drawdown limits continues to trail your account growth until they reach the starting account balance.”help centre · tradeday.freshdesk.com/en/support/solutions/articles/103000008855-what-is-the-maximum-drawdown-rule- · 2026-08-04 · saved copy
Plans: Quick Pay - Intraday 50k, Quick Pay - End of Day (Intraday Funded Drawdown) 50k, Fast Pass - End of Day 50k, Quick Pay - Intraday 100k, Quick Pay - End of Day (Intraday Funded Drawdown) 100k, Fast Pass - End of Day 100k, Quick Pay - Intraday 150k, Quick Pay - End of Day (Intraday Funded Drawdown) 150k, Fast Pass - End of Day 150k
What taking a payout does to the limit
Our reading
It tightens, and shrinks again with every payout
“When a user requests a payout, the TMD is calculated off of gross profits, not the net profits. So the TMD will continue to trail, even if users take payouts.”help centre · tradeday.freshdesk.com/en/support/solutions/articles/103000335937-quick-pay-funded-sim-payout-policy · 2026-08-04 · saved copy
Plans: Quick Pay - Intraday 50k, Quick Pay - End of Day (Intraday Funded Drawdown) 50k, Quick Pay - Intraday 100k, Quick Pay - End of Day (Intraday Funded Drawdown) 100k, Quick Pay - Intraday 150k, Quick Pay - End of Day (Intraday Funded Drawdown) 150k
Daily limit · phase 1
“TradeDay has just one rule - Don’t break the Maximum Drawdown Limit!”help centre · tradeday.freshdesk.com/en/support/solutions/articles/103000008847-what-are-the-objectives-and-rules-of-the-quick-pay-and-fast-pass-evaluation- · 2026-08-04 · saved copy
Plans: Quick Pay - Intraday 50k, Quick Pay - End of Day (Intraday Funded Drawdown) 50k, Fast Pass - End of Day 50k, Quick Pay - Intraday 100k, Quick Pay - End of Day (Intraday Funded Drawdown) 100k, Fast Pass - End of Day 100k, Quick Pay - Intraday 150k, Quick Pay - End of Day (Intraday Funded Drawdown) 150k, Fast Pass - End of Day 150k
What makes the loss limit rise · funded
Our reading
It rises with the day's closing balance
“All Fast Pass Funded Sim accounts are set up with End of Day (EOD) Drawdowns.”help centre · tradeday.freshdesk.com/en/support/solutions/articles/103000008889-what-are-the-rules-for-funded-funded-sim-and-funded-live-traders- · 2026-08-04 · saved copy
Plans: Fast Pass - End of Day 50k, Fast Pass - End of Day 100k, Fast Pass - End of Day 150k
This is what the firm publishes, not our opinion. When a firm changes a sentence we see it, and the date moves.