Before we explain how our payout process works, please be aware of our hard rules that apply to all account types:
- IP Masking technologies are forbidden (no use of VPN, VPS, TOR, proxy, and any other technology that masks your true location from where you trade). Automation to detect this early is on our roadmap.
- Click here to test your connection and if you have an Apple device, turn off private relay while you are trading your ETF account.
- Adding to a losing position, Martingale and Dollar Cost Averaging (DCA) strategies, are strictly prohibited.
- Traders must execute at least one trade per week to maintain an active account.
- Click here to learn more about the expected trading behavior.
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. If you are a citizen or resident of a restricted country, you will not be able to receive payouts or obtain funding through Elite Trader Funding.
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
For each payout cycle, you must maintain the safety net and achieve the required number of Active Trade Days.
- Safety Net: Your realized profits must equal the account max drawdown + $100, permanently removing the max drawdown. During the first three payout cycles, you cannot withdraw from the Safety Net.
- Active Trading Days:
- Minimum Realized Profit: 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
- For a limited time, the requirement for Active Trade Days has been reduced to 10 days for all payout cycles.
-
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 | ❌ |
3. 40% Consistency Rule: For accounts purchased before August 1, 2024, the best trading day cannot exceed 40% of total profits.