1. What's the payout structure? Once you meet the requirements for your first payout, you can withdraw multiple payouts up to the MAX amount based on your account size and payout cycle. Please see the table below:
| 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 minimum or maximum |
| $25,000 | $100 - $1,750 | $100 - $2,000 | $100 - $2,250 | No minimum or maximum |
| $50,000 | $100 - $2,000 | $100 - $2,250 | $100 - $2,500 | No minimum or maximum |
| $75,000 | $100 - $2,250 | $100 - $2,500 | $100 - $2,750 | No minimum or maximum |
| $100,000 | $100 - $2,500 | $100 - $2,750 | $100 - $3,000 | No minimum or maximum |
| $150,000 | $100 - $2,750 | $100 - $3,000 | $100 - $3,250 | No minimum or maximum |
| $250,000 | $100 - $3,000 | $100 - $3,250 | $100 - $3,500 | No minimum or maximum |
| $300,000 | $100 - $3,250 | $100 - $3,500 | $100 - $3,750 | No minimum or maximum |
2. What are the requirements to qualify for each payout cycle?
- Safety net
- Traders must earn realized profits equal to drawdown + $100 to permanently stop the max drawdown from trailing. Traders can withdraw up to their initial balance plus $100 (minimum allowable balance). However, if a withdrawal causes your account to go below the minimum allowable balance, the account will be closed. Please see the following page for more information.
- Trade Days
- 1st Payout Cycle - 15 days
- 2nd Payout Cycle - 15 days
- 3rd Payout Cycle & beyond - 10 days
- 40% consistency rule
- Elite account(s) best trade day profit must not exceed forty (40) percent of the total balance to request a payout.
- (Best Day P&L / Total P&L) * 100 = % of P&L
- Elite account(s) best trade day profit must not exceed forty (40) percent of the total balance to request a payout.
3. What's the payout process?
- Once you have met the safety net, trade day, and 40% consistency rule requirements for a payout cycle, please read the following page to learn how to request a payout.
4. What's the minimum amount I can withdraw?
- You can withdraw as little as $100 each day.
5. How have payouts become more frequent?
- Payouts are now approved and processed DAILY. Payout requests submitted before 10 AM EST will be included in the daily payouts. Please note that your payout may get queued up for the following day due to the volume of requests that may come in at the last minute.
- To release your payout funds, you must first complete the KYC process. Once funds are released, you can determine how and where the funds are sent; allow up to several business days for the payout to settle in your bank account.
- You no longer have to wait an entire month to receive your next payout!
6. What if I don't withdraw the entire MAX amount during a cycle?
-
Once the trading requirements for the next payout cycle are completed, any remaining payout amount from the previous payout cycle MAX will not carry over to the next payout cycle. This means that if you could withdraw a max of $2,000 for payout cycle #1 and only withdrew $1,500, the $500 realized profit remains in your account, but the payout cycle #2 maximum amount remains the same; the $500 does not increase the max withdrawal limit for payout cycle #2.