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đŸ”„ Ignite Accounts : Payout Requirements

What you need before you can request a payout on an Ignite account: the 5% profit target, the 15% consistency rule and the payout amounts.

Ignite accounts reward consistent, profitable traders. To request a payout you must meet the requirements below: a 5% profit target, the 15% consistency rule, and the payout amounts for your account size.

Requirements

Requirement

$25,000

$50,000

$100,000

$150,000

Profit target per payout (5%)

$1,250

$2,500

$5,000

$7,500

Max consistency (best day / total profit)

15%

15%

15%

15%

Minimum payout

$250

$250

$250

$250

Maximum payout per request

$500

$1,000

$1,500

$2,000

Profit split

90%

90%

90%

90%

Minimum trading days

None

None

None

None

1. The 5% profit target

You must reach a 5% profit target to be eligible for each payout. How the target is calculated changes slightly after your first withdrawal.

  • First payout: the target is 5% of your initial account balance. Example ($50,000 account): 5% is $2,500, so the target balance for your first payout is $52,500.

  • Subsequent payouts: the target is 5% on top of your new balance after your previous payout is deducted. Example: you reach $52,500 and request a $1,000 payout, so your new balance is $51,500. Your next target is 5% of $51,500 = $2,575, so the target balance for your second payout is $54,075.

The minimum payout is $250 on all account sizes and payout cycles.

2. The 15% consistency rule

This is the most important rule for managing your risk. It ensures your profits are earned steadily, rather than from a single lucky day. Your single best trading day cannot account for more than 15% of your total accumulated profit at the time of your payout request.

Formula: Consistency score = (Best day’s profit Ă· Total profit) × 100.

Example

Total profit

Best day

Score

Result

Pass

$2,500

$300

12%

Pass (below 15%)

Fail

$2,500

$1,000

40%

Fail (above 15%)

Failed? How to fix your score: accumulate more profit so that your best day equals 15% of a new, larger total. Using the fail example: $1,000 Ă· 0.15 = $6,667. You must grow your total profit to $6,667 (without having another day better than $1,000) to meet the 15% rule. See the 15% Consistency Rule article for more detail.

3. Payout amounts

  • Each payout is capped at $500 ($25K), $1,000 ($50K), $1,500 ($100K) or $2,000 ($150K).

  • You keep 90% of the payout amount; 10% stays with the firm.

  • You can request a payout as soon as you reach the profit target with the consistency rule met. There is no minimum number of trading days.

Checklist before you request a payout: 5% profit since your last payout (or since the start), best day at most 15% of total profit, and a request between $250 and your account’s cap.

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