Payout Steps
- Meet Requirements: Ensure you’ve met the Safety Net, Active Trading Days, and the Consistency Rule.
- Request a Payout: Visit your Trader Dashboard and request a payout.
- Trade Activity Audited: Your trading activity will be audited to ensure compliance.
- Subscription Active: Your subscription must remain active during the payout request process.
- KYC & Rise Onboarding: Complete the Know Your Customer (KYC) verification and onboard with Rise to receive payments.
Payout Requests
- Approval Timeline: Payouts are approved daily, Monday through Friday, beginning at 3 PM Eastern, excluding holidays.
- Cut-Off Time: For Elite Sim-Funded payouts processed on Wednesdays, the cut-off is 5 PM Eastern on Tuesday. Requests approved after this time will be processed the following Wednesday.
- Elite Sim Payouts: Processed every Wednesday.
- Live Elite Payouts: Processed daily.
Profit Split
- First $12,500: 100% of profits go to you.
- After $12,500: 90% of profits go to you.
Payout Structure
You can withdraw as little as $100 per day within each cycle until the maximum is reached. There are no limits from the 4th payout cycle onward.
| Funding Amount | 1st Payout Cycle | 2nd Payout Cycle | 3rd Payout Cycle | 4th+ Payout Cycle |
|---|---|---|---|---|
| $10,000 | $100 - $1,000 | $100 - $1,750 | $100 - $2,000 | No Min/Max |
| $25,000 | $100 - $1,750 | $100 - $2,000 | $100 - $2,250 | No Min/Max |
| $50,000 | $100 - $2,000 | $100 - $2,250 | $100 - $2,500 | No Min/Max |
| $75,000 | $100 - $2,250 | $100 - $2,500 | $100 - $2,750 | No Min/Max |
| $100,000 | $100 - $2,500 | $100 - $2,750 | $100 - $3,000 | No Min/Max |
| $150,000 | $100 - $2,750 | $100 - $3,000 | $100 - $3,250 | No Min/Max |
| $250,000 | $100 - $3,000 | $100 - $3,250 | $100 - $3,500 | No Min/Max |
| $300,000 | $100 - $3,250 | $100 - $3,500 | $100 - $3,750 | No Min/Max |
Payout Requirements
- Safety Net: Your realized profits must equal the max drawdown + $100, permanently removing the max drawdown. During the first three payout cycles, you cannot withdraw from the Safety Net.
- Active Trading Days:
- Earn at least $200 realized profit per day ($100 for some legacy accounts).
- For accounts like 10K 1-Step, 25K 1-Step, 25K EOD, or 100K Static Elite Sim-Funded accounts, $100 realized profit per day is required.
- Achieve 15 Active Trading Days for the first and second payout cycles and 10 Active Trading Days for subsequent cycles.
- For a limited time, the requirement for Active Trade Days has been reduced to 10 days for all payout cycles.
- Applies to new evaluation purchases made on or after October 1, 2024
3. 23% Rule: You must earn at least 23% of your best trading day’s P&L to receive Active Trading Day credit. For example, if your best day’s profit is $1,000, you must earn at least $230 on following days to count them as Active Trading Days.
| Day | P&L | Best Day P&L | Required 23% P&L | Active Trading Day Credit |
|---|---|---|---|---|
| 1 | $1,000 | $1,000 | $230 | ✅ |
| 2 | $230 | $1,000 | $230 | ✅ |
| 3 | $200 | $1,000 | $230 | ❌ |
| 4 | $700 | $1,000 | $230 | ✅ |
| 5 | $2,000 | $2,000 | $460 | ✅ |
| 6 | $500 | $2,000 | $460 | ✅ |
| 7 | $400 | $2,000 | $460 | ❌ |
4. 40% Consistency Rule: For accounts purchased before August 1, 2024, the best trading day cannot exceed 40% of total profits.