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πŸ† Elite Sim Funded Account: Payout Requirements

Congratulations on your Elite Sim Funded Account! This account is designed to reward consistent, profitable traders. To be eligible to request a payout, you must meet three key requirements.

Updated over 4 weeks ago

1. The Profit Target

You must reach a specific profit target to be eligible for each payout. This target is dynamic, meaning it changes for your first three payouts to encourage consistent growth.

  • First Payout: You must make 6% of your initial account balance.

  • Second Payout: You must make 5% on top of your new balance (after the first payout is deducted).

  • Third Payout (and all future payouts): You must make 4% on top of your new balance (after the previous payout is deducted).

Example using a $50,000 Account:

1. For Your First Payout:

  • Target: 6% of $50,000 = $3,000

  • You must grow your account balance to $53,000.

2. For Your Second Payout:

  • Let's say you request a $1,500 payout. Your account balance is now $51,500 ($53,000 - $1,500).1.

  • Target: 5% of $51,500 = $2,575

  • You must grow your new balance to $54,075 ($51,500 + $2,575).

3. For Your Third Payout:

  • You request another $1,000 payout. Your account balance is now $53,075 ($54,075 - $1,000).

  • Target: 4% of $53,075 = $2,123

  • You must grow your new balance to $55,198 ($53,075 + $2,123).


2. 25% Consistency Rule

This is a key performance metric. It ensures that your profits are earned steadily, rather than from a single "lucky" day.

The Rule: Your single best trading day's profit cannot account for more than 25% of your total accumulated profit at the time of your payout request.

The Formula: (Best Day's Profit / Total Profit) * 100 = Your Consistency Score

Example 1: (PASS)

  • You reach a total profit of $3,000.

  • Your single best day was $600.

  • Calculation: ($600 Γ· $3,000) * 100 = 20%

  • Result: You PASS (20% is less than 25%).

Example 2: (FAIL)

  • You reach a total profit of $3,000.

  • Your single best day was $1,000.

  • Calculation: ($1,000 Γ· $3,000) * 100 = 33.3%

  • Result: You FAIL (33.3% is greater than 25%).

"I failed... how do I fix my score?"

If your best day is too high, you must "fix" your score by accumulating more profits. You need to make that best day equal 25% of a new, larger total profit.

  • Using Example 2:

    • Your best day is $1,000.

    • To find the profit target you need: $1,000 Γ· 0.25 = $4,000

    • You must grow your total profit to $4,000 (without having another day better than $1,000) to meet the 25% rule.


3. 10 Trading Days

You must have placed a trade on at least 10 different days to be eligible for your first payout.

  • A "trading day" is any day (24-hour period) where you execute at least one trade.

  • These 10 days do not need to be consecutive.

πŸ’‘ Exception: If you purchased the "Anytime Payout" add-on at checkout, this 10-day rule is waived. You can request a payout as soon as you meet the Profit Target and Consistency rules.


4. Maximum Payout Amount

To ensure consistent growth and risk management, there is a maximum amount you can withdraw per payout request. This limit is based on your account size.

  • $25,000 Account: Max $1,500 per withdrawal

  • $50,000 Account: Max $2,500 per withdrawal

  • $100,000 Account: Max $3,000 per withdrawal

  • $150,000 Account: Max $3,500 per withdrawal

If your profit exceeds this amount, you can simply request the maximum, and the remaining profit will stay in your account to be withdrawn in a future payout request.

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