TradeDay Micro Silver Limits + Coupon Code AUDIT

TradeDay's current permitted-products page says Micro Silver, symbol SIL, uses the mini/standard contract count because of a technical limitation. Do not turn a five-contract allowance into fifty SIL contracts merely because the product name contains “Micro.” Check the metal-specific limit and the capacity of the actual account stage before entering an order.

Code: AUDIT

The page was modified on 6 October and reviewed for this guide on 9 October 2026. It also publishes revised metal position limits. Traders working from older gold or silver restrictions should reopen the official source rather than rely on a saved account comparison.

Use verified code AUDIT for 55% off eligible TradeDay evaluation fees. The price calculation below is separate from position capacity and market-data requirements.

Start with the product-specific rule

The official permitted-products guidelines list these metal contract caps across account types:

The same page says SIL follows the standard count. It lists Gold, Silver, Copper, Platinum and the supported smaller metal products; the listed feed for SIL is COMEX. Availability can change, so this is a dated reading of the firm's current policy, not a permanent entitlement.

There is a second check: an account's current funded-stage or scaling allowance can be smaller than a product-table ceiling. Where two published limits appear inconsistent, obtain confirmation for the actual account before increasing size. A headline maximum is not a reason to override a lower limit shown in the dashboard.

Why “Micro” cannot supply the conversion rule

CME describes Micro Silver as one-fifth the size of its benchmark silver contract and identifies the Globex symbol as SIL. Exchange contract size and a firm's position-counting implementation answer different questions. One describes the instrument's economic exposure; the other decides how the account's available slots are consumed.

An arithmetic comparison can make the distinction concrete. If five smaller contracts each represent one-fifth of the reference contract's exposure, their combined exposure is one reference contract. That equality does not instruct the trading platform to count the five positions as one permitted slot. The relevant TradeDay rule must supply the count.

This also explains why a generic spreadsheet with a universal micro multiplier can be wrong. A label-based formula cannot replace product-specific exceptions. Put an explicit SIL counting rule in the worksheet and retain the source date beside it. Do not quietly copy a multiplier from an equity-index tab into a metals tab.

A $50K account example

Suppose a trader has verified that a particular $50K account currently permits five standard-count contracts, with no lower stage limit applying. Under the SIL exception, four open SIL contracts consume four of those slots. Adding one SIL reaches five; adding two would reach six and exceed that assumed allowance.

This is a count illustration, not a recommendation to trade at the maximum. It assumes no other positions, no pending entry that subsequently fills and no lower account-specific restriction. A strategy can satisfy the contract count while still being far too large for the remaining drawdown.

If another product is already open, do not assume the unused metal allowance is a separate pool. Read the account's aggregate position rules and ask how mixed products consume capacity. Until that is established, a calculation that treats every product limit as additive is unreliable.

Keep quantity limits and dollar risk on different lines

Consider a hypothetical account with $650 between current equity and its active loss floor. Suppose the intended position would lose $180 at the planned exit before commissions and slippage. That leaves $470 in the simple scenario, regardless of how many unused contract slots the platform reports.

A second identical loss would leave $290; a third would leave $110, still before any extra execution costs. The platform's quantity ceiling has not supplied additional money to absorb those losses. Track both the contract-count test and the distance-to-floor test rather than using one as a substitute for the other.

For actual risk calculations, use the current exchange specification for the exact product and contract month. Avoid treating every metal's tick value as interchangeable. The nominal $50K account label is useful for finding its rule table, but it does not describe the amount available to lose.

Verify the product and feed before the first order

Use a short product record containing the contract root, selected expiry, exchange feed, current firm permission and applicable quantity limit. Then compare it with the live order ticket. Similar product names, continuous charts and different expiry months can create confusion during a platform change.

TradeDay's product overview limits trading to its permitted futures selection and explains why high-margin or illiquid products may be excluded. A contract appearing in a platform search is therefore insufficient evidence of permission.

The market-data guide addresses stage and feed costs. For the budgeting question, use the separate TradeDay data-cost planner. This article's calculation is about instrument permission and contract counting, not how many paid data packages to buy.

Evaluation prices with AUDIT

The official TradeDay homepage displays the following regular $50K monthly evaluation fees. Applying the active AUDIT offer gives these calculated initial payments in USD.

Multiply the regular fee by 0.45. These are initial evaluation amounts; renewal discounts, resets, optional data, platform charges and taxes are excluded. A separate homepage promotion may show a different rate and is not stacked into the AUDIT calculation.

Before purchase, open the TradeDay firm review, confirm the account route and verify the current product rule again. The correct order is to establish permission, identify the active counting method, confirm stage capacity and then assess risk. A discounted account with misunderstood contract counting is still an unsuitable setup.

How to use AUDIT

1. Open the official account page and choose the exact plan, size and available configuration.
2. Enter AUDIT in the coupon field before paying and apply it.
3. Review the eligible base fee, applied discount and complete total, including any separate charges or later payments.
4. Confirm the account rules and save the receipt and selected program terms.

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