Payout Policy
Let's get into the nitty-gritty of how profits are handled here. Understanding payout procedures is an essential part of joining FlexyTrade.
After successfully completing the challenge, you then enter into a profit-sharing arrangement where you keep the lion's share of the profits earned. The profit split arrangement allows you to keep 90% of the profits, but this only takes effect for profits over $25,000. If the profits are below this amount, you receive the entire portion, enjoying a 100% payout! This system is designed to incentivize and reward successful trading efforts.
We're thrilled to announce that, as of September 2024, the Maximum Withdrawal limits will be completely lifted right after your 6th payout gets processed. That’s right, more freedom for your transactions is just around the corner!
Account Validation
Now, before we can proceed with your payout request, we first need to conduct an account validation. To do this, we need you to submit some necessary documents. Don't worry; it's a straightforward process, and you can easily do it through the Trader's Dashboard under "Payout Request".
Safety Net
Next, let's talk about safety nets. The first thing to know is that we have this in place based on your account size. Basically, they are the minimum amounts required to keep in your account.
Account Size | Safety Net |
$25,000 Intro Account | $1,600 |
$50,000 Intermediate Account | $2,600 |
$100,000 Expert Account | $3,100 |
The safety net is not just about having funds sitting there; it also gives your trading strategy some breathing room during pesky pullbacks. Markets can be volatile, so having that cushion in case a drawdown hits makes all the difference.
Requesting a Payout
You can submit a withdrawal request anytime after for a minimum of ten (10) days,* profits exceed our set safety nets, and your balance reaches the minimum withdrawal amount of $500.
*P.S. Those ten days don’t have to be consecutive, but keep in mind that once you successfully get a payout, the count resets. So, pace yourself and enjoy the journey!
At FlexyTrade, active trading involves regularly engaging in the market using a consistent trading style or strategy. Traders are expected to maintain a steady and disciplined approach in their trades. Days, when flipping occurs do not count as active trading days at FlexyTrade.
*Flipping refers to downsizing after a big gain and making very short trades.
Maximum Withdrawal
The limit for the performance accounts:
Performance Account | Maximum Withdrawal Amount |
25k Intro | $1,000 |
50k Intermediate | $1,500 |
100k Expert | $1,750 |
Limits will be completely lifted right after your 6th payout gets processed
In addition to these requirements, you must also follow our Consistency Rule, which you can learn more about through this link.
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