Performance accounts & payout FAQ

Do the rules change from a challenge to a performance account?

No, the rules remain the same from a challenge to a performance account.

Is there a target on the performance account?

No, there is no target on the performance account.

What is the consistency rule?

The consistency rule stipulates that your best profit and loss (P&L) should not exceed 30% of your total P&L. This rule is designed to ensure trading consistency and risk management

What is the safety net?

Post-withdrawal account balances must not drop below the Safety Net Limit (SNL) as specified:

• For a $25,000 Account: SNL of $26,600.

• For a $50,000 Account: SNL of $52,600.

• For a $100,000 Account: SNL of $103,100

What are the requirements to get a payout?

Traders are required to make profits while following all the performance account rules before initiating a payout request. The account must exceed the Trailing Drawdown level and maintain the required minimum balance for payout eligibility.

What’s the frequency of the payouts?

Ready to cash out? Once you've met our minimum requirements, you can submit your withdrawal request whenever you're ready. We'll take care of processing it in just five (5) short business days!

Is there a minimum amount of payout?

The payout has a minimum threshold of $500.

Is there a maximum payout?

Yes, there is! For your first six (6) payouts, the maximum amount you can withdraw depends on your account size. Here’s the lowdown:

• $1,000 for a $25,000 Account.

• $1,500 for a $50,000 Account.

• $1,750 for a $100,000 Account.

Here's the best part: when you reach your 7th payout, there are no maximum limits. As long as your account balance exceeds the MSB, you’re good to go!

What’s the profit split?

Traders are entitled to retain 100% of the first $25,000 withdrawn and 90% of subsequent profits. Traders will receive payment as independent contractors under the 1099 tax classification, not as employees.

Is there a reset for the performance account?

Accounts are ineligible for reset.

What is the maximum of performance accounts that I can have?

You can have up to 20 performance accounts at a time. If you have passed more challenges, those will remain on hold until you have fewer than 20 active performance accounts.

Is copy trade allowed?

Yes, copy trading is allowed and it's straightforward to set up and manage using the built-in Quantower copy trade system. You can set it up easily by following this guide.