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: a profit target, the 25% consistency rule, and the maximum payout amount per request.
In short: reach the profit target (6% for your first payout, 5% for the second, 4% from the third onwards), keep your best day under 25% of total profit, and request no more than the maximum per withdrawal for your account size.
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.
Payout | Profit target |
First payout | 6% of your initial account balance |
Second payout | 5% on top of your new balance (after the first payout is deducted) |
Third payout (and all future payouts) | 4% on top of your new balance (after the previous payout is deducted) |
Example using a $50,000 account
Payout | Balance | Target | Balance needed |
First payout | $50,000 | 6% of $50,000 = $3,000 | $53,000 |
Second payout (after a $1,500 payout) | $51,500 ($53,000 - $1,500) | 5% of $51,500 = $2,575 | $54,075 |
Third payout (after a $1,000 payout) | $53,075 ($54,075 - $1,000) | 4% of $53,075 = $2,123 | $55,198 |
2. The 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) x 100 = Your Consistency Score.
Example | Total profit | Best day | Calculation | Result |
Example 1 | $3,000 | $600 | ($600 / $3,000) x 100 = 20% | PASS (20% is less than 25%) |
Example 2 | $3,000 | $1,000 | ($1,000 / $3,000) x 100 = 33.3% | 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 / 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. 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.
Account size | Maximum per withdrawal |
$25,000 | $1,500 |
$50,000 | $2,500 |
$100,000 | $3,000 |
$150,000 | $3,500 |
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.