Day Traders LLC was established in February 2023 by Leo Riot, a professional vert skater from Miami who also doubles as the firm’s chief technology officer. The firm aims to combine technology with market expertise to offer education, futures evaluation, and funding services for everyone, from those just starting out in the industry all the way through to experienced professionals.
According to its website, Day Traders is committed to helping funded traders become professional day traders. They offer a broad range of educational materials, tools, and responsive customer support to assist traders at every point.
The firm really focuses on fostering a sense of community. With access to real-time market data, cutting-edge technology, and comprehensive educational resources, traders can connect, share insights, and grow their skills together.
- Futures trading only
- Open to US-based traders
- No daily drawdowns
- Automated Payout Approval Technology: Traders who follow the rules can access automated payout approvals without unnecessary hold-ups. If all criteria are met, payouts are processed immediately, making it an efficient process.
- Clear and Straightforward Trading Rules
- Pro Account: Designed for those looking to trade with structure, this account includes rules like an 8-day minimum trading period, a 30% consistency rule, and daily profit targets.
- Evaluation Account: A stepping stone to the Pro Account, this option has a 5-day minimum trading period and a 50% consistency rule, offering some flexibility for newer traders as they develop their skills.
- Robust Account Structure and Risk Management Options: With 14 account sizes to choose from, along with trailing and static drawdown options, you can pick the setup that works best for your trading style and appetite for risk.
- Profit-sharing and Fee Structure:
- You keep all of your earnings, and Day Traders don’t take a cut.
- The one-time activation fee of $130 applies to all Pro Accounts, regardless of size, ensuring there are no hidden charges to worry about.
- Strict Compliance Policies: Day Traders has rules in place to maintain fairness, such as prohibiting hedging across accounts and banning high-frequency trading automation. These measures are designed to protect the platform and ensure all traders operate on a level playing field.
One of the main claims from Day Traders is that its founders developed the technology behind what they describe as the world’s largest futures funding evaluation company. They don’t name the company outright on their website, but it’s worth noting that Leo Riot, the founder of Day Traders, cofounded Apex Trader Funding alongside Darrell Martin and John Mark Skelton in 2021.
The leadership team spotted a gap in the market and wanted to create something that could better support futures traders, regardless of their level of experience. To address this, Day Traders offers a variety of resources, including educational materials, tutorials, trading strategies, and real-time data. If you need help, there’s a range of customer support options and online communities available.
One of the firm’s more unique features is its automated payout system, which can approve withdrawals in just a few seconds (provided the required conditions are met). Other perks include instant account access after payment, simple and transparent trading rules, and flexible funding options, so you can choose an account size that suits you.
Unlike some other prop firms, Day Traders also provides static account types, which can be a big advantage for traders who want to avoid the complications of trailing accounts.
The firm is starting to make a name for itself in the futures trading industry, sticking to its promise of promoting fairness and transparency.
Customer support can make all the difference for day traders, and Day Traders seems to recognise this by offering several ways for users to get help or find answers on their own. On the website’s “Help Desk” section, you’ll find a collection of detailed articles addressing frequently asked questions. There’s also a link on the homepage for 24/7 support, which includes both live chat and AI-assisted options.
Day Traders also has a presence on platforms like Instagram, Facebook, Discord, and YouTube. These communities can be a great place to ask questions, share experiences, or learn from traders with different levels of expertise.
On Trustpilot, the company has a 4.7-star rating from 65 reviews. While a small percentage of users (3%) reported negative experiences, the vast majority (97%) gave it five stars, often praising the responsiveness and efficiency of the customer support team.
Although Day Traders emphasises transparency and customer care, the information it provides about security measures is fairly minimal. The homepage mentions full data encryption under a “Secure & Compliant” banner, but beyond this, much of what’s stated in the privacy policy feels like standard legal language.
According to the privacy policy, any information you submit is encrypted using secure socket layer technology. The company claims to store computers and servers in a firewall-protected environment, with access to user data restricted to employees who need it to assist customers. Users are also required to create secure passwords for their accounts.
There is still room for improvement. For example, a “Secure” page once linked on the company’s site now appears to be unavailable, leaving unanswered questions about how financial transactions are protected. Adding more specific details about their security practices could go a long way to reassure traders about how their data and funds are managed.
A one-time fee of $125 to $350 gives you access to full plans with account sizes ranging from $25,000 to $150,000. For static plans, which offer capital accounts between $50,000 and $300,000, the fees fall between $200 and $575.
Pick the plan and risk protection that fits your trading needs.
Leo Riot founded Day Traders with the aim of helping futures traders – whether you’re just starting out or have years of experience – improve their skills and achieve success. The platform is designed to be simple enough for beginners to navigate yet comprehensive enough for more experienced traders to find valuable tools.
With access to real-time futures market data, a variety of educational resources, and a supportive community, the platform offers plenty of opportunities for traders to grow. Personalised support is also available, giving users someone to turn to when they need guidance or assistance.
Day Traders has lots of competition from other excellent funded trader programs like TakeProfitTrader, MyFundedFutures, and TradeDay. All these firms use a one-step evaluation process to grant funding, but the details vary. You’ll notice differences in their rules, payment systems, payout processes, and the complexity of their trading tests, so it’s worth comparing before deciding which suits you best.
- A wide variety of futures available across major exchanges
- Educational materials designed to support traders’ growth
- Payouts can be requested anytime once conditions are met
- Flexible funding options with account sizes to suit different needs
- Only supports futures trading
- Fees may be higher than those of some other prop firms
Whether you’re new to trading futures or have plenty of experience, it’s a strong contender among the growing list of futures funding companies. The platform’s straightforward design makes it easy to use, and it offers traders all the tools and resources they might need to trade profitably.
The firm’s focus on clear trading rules, educational materials, risk management tools, and accessible customer support is evidence of its desire to help its traders succeed. It also stands out for its quick setup process – traders can get funded accounts soon after proving they can trade profitably and manage risk effectively.
With minimal restrictions, you’re free to use your own trading strategies, supported by reliable technology.
However, the platform’s approach to transparency could be improved. For a firm that emphasises trust, the lack of detailed information on security and data handling feels like an oversight.
Even so, this is a relatively small issue for a newer firm that’s already gaining traction. If Day Traders continues its current path, it has the potential to become a strong choice for futures traders looking for a straightforward, supportive platform.
