Tradeify

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Consistency Rule

The Consistency Rule requires traders to show steady performance before requesting a payout.

No single trading day’s profit should exceed 35% (20% for Straight to Sim Funded accounts) of the total profits accumulated from the first day of trading in the simulated funded account up to the payout request date.

After an approved payout, the consistency % will reset and you will need to maintain consistency % for the period up to the next approved payout request.

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Straight to Sim Funded: Account Payout Policy

Traders receive 90% of any profits.

Traders can have a maximum of 5 total Simulated Funded Accounts with any combination of the Growth, Advanced, and Straight to Sim Account types.

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Payout Guidelines

• Payout approvals require you to abide by the Tradeify Funded Trader Agreement.
• If you have more than one account, each account is treated independently. You may withdraw from each account according to the schedule below, provided you followed the rules for each account.
• Once you submit a payout request, it cannot be edited or canceled.

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Payout Requirements

Your account must satisfy all of the below criteria for EACH payout request in order to qualify.

1. Consistency Rule: Abide by the 20% Consistency Rule (see: What is the Consistency Rule?)
2. Minimum Days Traded: 10 Trading Days. This is for the first withdrawal and between each subsequent payout request.
4. • A Trading Day is counted as at least one trade placed from 6:00 P.M. EST/EDT to 5:00 P.M. EST/EDT the next day.
   • The Trading Day count resets to zero after each successful payout.

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Payout Profit Goals:

1. • Payout Profit Goals are the profit you need to reach in between payout requests (from starting balance for your first payout goal).
   • Payout Profit Goals reset after each payout and to achieve the next payout you move on to the next Payout Profit Goal.
   • • e.g. for a $150k account when you reach Payout 1 Profit Goal of $9k you can take a payout. You now must achieve Payout 2 Profit Goal of $4.5k to take your next payout. (see Payout Profit Goal Table below)
   • Profit is calculated and determined upon account reconciliation, which happens daily between 5:00 P.M. and 8:00 P.M. EST/EDT.

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Payout Procedure

• Payouts can be requested at anytime once payout conditions have been met.
• Once your payout status is changed to APPROVED, your funds are immediately withdrawn from your account. Payments will be issued within 24 hours after the withdrawal has been processed.

For full information see https://help.tradeify.co/en/articles/10495932-straight-to-sim-funded-account-payout-policy

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'Advanced' and 'Growth' Account Payout Policies

Traders receive 90% of any profits.

Traders can have a maximum of 5 total Simulated Funded Accounts with any combination of the Growth, Advanced, and Straight to Sim Account types.

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Payout Guidelines

• Payout approvals require you to abide by the Tradeify Funded Trader Agreement.
• If you have more than one account, each account is treated independently. You may withdraw from each account according to the schedule below, provided you followed the rules for each account.
• Once you submit a payout request, it cannot be edited or canceled.

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Payout Requirements

Your account must satisfy all of the below criteria for EACH payout request in order to qualify.

1. Consistency Rule: Abide by the 35% Consistency Rule (see: What is the Consistency Rule?)
3. Minimum Days Traded: 10 Trading Days. This is for the first withdrawal and between each subsequent payout request.
5. • A Trading Day is counted as at least one trade placed from 6:00 P.M. EST/EDT to 5:00 P.M. EST/EDT the next day.
   • If this requirement is not met by the end of the current pay period, you may request a payout in the next period once the requirement is fulfilled.
   • 5 or more of the Trading Days must show a profit greater than:
   • • $150 in profit for 50k accounts
     • $200 in profit for 100k accounts
     • $250 in profit for 150k accounts
     • The Trading Day count resets to zero after each successful payout.
       
       
6. Account Balance Needed: Reach and maintain at least $100 in profit over the Trailing Max Drawdown limit.
8. • See the below tables for the specific amounts for each account size.
   • Daily account reconciliations occur between 5:00 p.m. and 8:00 p.m. EST/EDT. If your account becomes eligible for a payout during the final reconciliation in the payout window, you have until 11:59 p.m. EST that day to request it.
   • This amount must be maintained until the payout request is approved.
   • • Your withdrawal amount does not impact this.
     • Note: You will still be able to place trades after submitting a payout request. However, be aware that if you fail your account or fall below the minimum thresholds for a payout before the request is processed, your payout will be denied.

For full information see https://help.tradeify.co/en/articles/11083796-advanced-and-growth-account-payout-policies