Head-to-Head Comparison
IQ Capital vs TradeDay: Which Is Better in 2026?
Compare IQ Capital and TradeDay side by side. Profit splits, prices, challenges, payout speed, trading rules, and more. Based on verified data.
Bottom line: IQ Capital offers up to $200,000 with a 90% profit split, while TradeDay offers up to $150,000 at 95%. Cheapest entry: $125 (TradeDay). Editorial scores on PropFirm Key: —/5 (IQ Capital) vs 4.9/5 (TradeDay).
Last updated: October 6, 2026
Quick Verdict
Overall Winner
TradeDay
Scores 85/100 overall based on trust, conditions, payouts, strategies, and platform access.
85
/ 100
Rating
N/A
vs4.9
IQ CapitalTradeDay
Profit Split
90%
vs95%
IQ CapitalTradeDay
Starting Price
$195
vs$125
IQ CapitalTradeDay
Max Allocation
$200K
vs$150K
IQ CapitalTradeDay
First Payout
N/A
vs1 days
IQ CapitalTradeDay
Strategy Freedom
1/8
vs3/8
IQ CapitalTradeDay
Score Breakdown
IQ Capital
LC
46
Trust & Reputation
10
Trading Conditions
81
Payout Quality
32
Strategy Freedom
13
Platform & Access
100
TradeDay
US
85
Trust & Reputation
91
Trading Conditions
98
Payout Quality
87
Strategy Freedom
38
Platform & Access
100
Detailed Side-by-Side Comparison
Metric
IQ Capital
TradeDay
Overview
Rating
N/A
4.9
Reviews
0
1,331
Years Active
0 years
6 years
Verified
Country
LC
US
Market
both
futures
Pricing & Value
Starting Price
$195
$125
Max Allocation
$200K
$150K
Profit Split
90%
95%
Fee Refundable
Best Discount
No offer
60% off
Risk Management
Daily Loss Limit
5%
$2,000
Max Loss
$3,000
$3,000
Drawdown Type
eod
trailing
Leverage
N/A
N/A
Execution
N/A
ECN
Payouts
First Payout
N/A
1 days
Payout Frequency
every 10 days
on-demand
Scaling
Allowed Strategies
EA/Bots
Scalping
News Trading
Weekend Hold
Copy Trading
Hedging
Martingale
HFT
Platforms & Access
Platforms
Quantower, ATAS, DeepCharts, Tradovate, NinjaTrader, TradingView, MT5, Volumetrica
Tradovate, NinjaTrader, TradingView, TradeDayX, Quantower, ATAS, Jigsaw
Assets
Forex, Indices, Metals, Energy, Agriculture, Crypto, Bonds
ES, NQ, YM, RTY, CL, GC, SI, ZB, ZN, 6E, 6J
US Accepted
Challenge Price Comparison
Comparing prices for matching account sizes available at both IQ Capital and TradeDay.
Account Size
IQ Capital
TradeDay
Savings
$50K(1-step)
$195
$88
$100K(1-step)
$445
$140
Pros & Cons
Pros
- Higher max allocation ($200K)
- Verified firm
Cons
- Lower rating than TradeDay
- Lower profit split (90% vs 95%)
- Higher starting price ($195)
- Slower first payout (14 days)
Pros
- Higher rating (4.9/5 vs 0.0/5)
- Better profit split (95% vs 90%)
- Lower starting price ($125)
- Faster first payout (1 days)
- Scaling program available
Cons
- No significant disadvantages found
Who Should Choose Which?
Choose IQ Capital if you...
- Need high capital allocation (up to $200K)
- Prefer a firm based in LC
- Use Quantower as your trading platform
Choose TradeDay if you...
- Want the highest possible profit split
- Are looking for a budget-friendly option
- Want fast payouts
- Plan to scale your account over time
- Need maximum trading flexibility (EAs, scalping, news trading)
Frequently Asked Questions
Is IQ Capital better than TradeDay?
Based on our data-driven analysis, TradeDay scores 85/100 overall. IQ Capital excels in strategy freedom, while TradeDay stands out for payout quality. The best choice depends on your priorities as a trader.
Which is cheaper, IQ Capital or TradeDay?
IQ Capital starts at $195 while TradeDay starts at $125. TradeDay offers the lower entry price. However, consider the profit split and payout rules for the true value comparison.
Which has better profit splits, IQ Capital or TradeDay?
IQ Capital offers up to 90% profit split, while TradeDay offers up to 95% profit split. TradeDay has the higher profit share. Some firms increase splits through scaling programs.
Can I use Expert Advisors (EAs) with IQ Capital and TradeDay?
IQ Capital does not allow Expert Advisors, and TradeDay allows them. Only TradeDay supports automated trading.
Which firm pays out faster, IQ Capital or TradeDay?
IQ Capital's first payout is available after 14 days with every 10 days frequency. TradeDay offers first payout after 1 days with on-demand payouts. TradeDay gets you paid sooner.
Are IQ Capital and TradeDay legit?
IQ Capital has been operating for 0 years with 0 reviews and a N/A/5 ratingverified. TradeDay has 6 years of operation with 1,331 reviews and a 4.9/5 ratingverified. Both are established prop trading firms.