✅PROP FIRM RANKINGS https://covetrader.com/prop-firm-rankings
Transcript
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What’s going on, guys? So, I’m going to give you my real and honest opinion about Trade Day. Um, before I start, there’s a link in the description of this video, and it’s a link that literally ranks all the prop firms, shows my real videos about them, breakdowns of everything. It’s in the description of this video. If you’re looking to get a Trade Day account, be sure to use code Cove Trader. And if you want, I stream live every day. hit the
Subscribe button and also we have a link to a free Discord in the description of the video. Um, all right. So, I’m just going to go right now just to give you my honest opinion. I like Trade Day. There’s some pros, there’s some cons. Um, I would put this, you know, click on the link below, you’ll see where I put it in my whole rankings, but I have an account with them. Um, I use Trade of U. Uh, I have never
Had an issue with them. You can use uh trade of Ninja Trader Trading View. I don’t know what Jigsaw Trading is, but uh yeah, super simple. Basically, their funded accounts are very similar to take profit trader but a step down. Um their evals have 30% consistency rule. So, it’s going to take you four days of uh actually trading to pass them. So, that’s one thing that I obviously don’t love. I don’t I’m not looking to trade an eval um for real
For 4 days. Um because obviously it says 30 30 and 10, but you’re probably going to do more like 25% a day. Um you know, the accounts are pretty good. They give you a couple options here. I’m going to go through right here. They have intraday accounts, end of day, and static. Um, basically intraday there’s the 50ks, 100ks, 150s. It’s $75 and normal stuff. 20 uh 3,000 profit target, 2,000 draw down. Um, the draw down is intraday. So, it’s trailing. Just
Remember that it’s a trailing draw down. Also, if you get the trailing draw down account on the Eval, you’re going to have your funded account be trailing also um until you’ve reached your buffer um over 52,000 and then the trailing stops. Um you could also choose end of day accounts. Obviously, more money you’re paying for end of day, but now you have end of day. Same profit targets, same draw downs. Um, but you know, now you have an end of day
Account instead of the trail. But, uh, and then they have the static accounts. Here’s the static accounts. Your profit targets, 1500, $500 draw down. Now, I’m just going to be honest with you. If I’m getting a trade day account, I’m probably getting the intraday accounts. Um, are these plans are these eval plans better than take profit trader? No. Um, you know, it’s just a little bit cheaper. You know, the 50K is 102 on TPT. Um, $75 here. I’m comparing it to
TPT because once you go funded with trade day, their funded accounts are just like take-profit trader where it’s actually daily payouts, right? The one thing you got to realize though, and you can have multiple accounts, but they evaluate you after every $5,000, I believe it is, that you take out to go live. And once you go live, you can only have one account. while take profit trader you’ll maintain however many accounts you can have. You can have up to five live
Accounts. But um you know obviously you’re saving a little bit of money. It’s $27 cheaper. $75 versus uh right now it’s 102 on the the 50k over there. I mean and you can go end of day here and then it’s you know it’s apples to apples. Um when you get funded here the funded is end of day. Um, but I I typically go here to save money. Um, customer support’s awesome. They’ll get right back to you. No issues with customer support.
Uh, payouts are simple. When they go when they transition you to live, though, it’s not like a one day process. Could be like a week, week or two. Um, you know, it’s pretty cut and dry. There’s no real rules. uh you know you can’t trade news obviously that that’s very similar honestly I thought take profit trader owned them I don’t know if they do but a lot of the stuff is very similar with just a little bit of differences like the
Consistency rule on evals and that they offer uh these other plans the static and um you could choose between intraday or end of day other than that it’s pretty cut and dry um trade how you want um you know I was looking at this I don’t know they have some stuff here that’s like mentoring. Like I’m out on that. Like I’m not even going to lie. I’m out on their mentoring. I’m out on you know, but it looks like they have
Some commentary you can look at. Um you know, and things like that. It’s it’s definitely a great firm. I never heard of anybody having issues with them. Uh seems like they have some free downloads here if you want to download this stuff and and you know, whatever. But uh it’s cut and dry. There’s not many rules to go over. There’s not many different accounts to go over. This one was pretty simple. Uh, you know, I I didn’t even know they offered
Mentoring. That’s interesting. But yeah, it seems like they have a lot of stuff going on for the trader and their co the co-pilot thing here. I did not use any of this. I basically uh I think co-pilot is you can get access to this without any account. I’m probably not doing that. Just being I keep these reviews as real as possible. I’m not doing that. Um, but yeah, that’s pretty much it. Plus side, 75 bucks. Uh, and funded accounts are pretty
Much daily payouts. Draw down consistency rule on the eval. And if you go the cheaper route on the intraday, it’s obviously intraday unfunding. Um, and also when you go live, you can only have one account, but everything else is pretty good. I’m I like them. I They’re not my number one, but they’re definitely up there. If you’re looking to get an account, use code trader.
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