What makes me eligible for a payout?
Three things have to be true at the moment you request one.
Time. At least 10 trading days have passed since your first trade on the funded account.
Amount. You hold at least 3% of your account balance in simulated profit. On a $50,000 account that is $1,500. This is the threshold that makes you eligible, not the amount you have to take. The smallest payout you can request is $50.
Consistency. No single trading day's simulated profit is more than 25% of your total simulated profit.
All three, not one of the three.
When can I request my first payout?
The earliest is 10 trading days after your first trade on the funded account.
That is the earliest point, not an automatic one. If you reach day 10 with 2% in simulated profit, or with one strong day carrying more than 25% of your total, you are simply not eligible yet. Nothing is wrong with the account. You keep trading and request once all three conditions line up.
How often can I request a payout after that?
Every 10 trading days. Once a payout has been processed the cycle starts again, so your next request is available 10 trading days later, which in practice puts a payout at roughly the two week mark.
The three conditions apply to every request, not just your first. The 3% is measured against your account balance at the time you request, and the 25% is measured against your total simulated profit at that point.
What happens if I request a payout and I am not eligible?
Nothing happens to your account. Falling short of the 3% or outside the 25% is not a violation and carries no penalty. The request is not yet eligible, and you carry on trading until it is.
What is the minimum withdrawal?
$50. Once you are eligible, you can request as little as $50.
The 3% is a separate figure and it does a different job. It is what makes you eligible to request in the first place: you need at least 3% of your account balance in simulated profit, which on a $50,000 account is $1,500. Once you are over that line, how much you take is up to you, from $50 upwards.
Do I have to take a payout every cycle?
No. There is no obligation to request one when you become eligible, and no penalty for leaving simulated profit on the account and requesting later.
How much of my payout do I keep?
80%. On $1,000 of simulated profit that is $800 to you.
How am I paid?
Payouts are performance based rewards, requested through your dashboard using your preferred withdrawal method and paid in accordance with challenge Terms and Conditions.