# Performance accounts & payout FAQ

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<summary>Do the rules change from a challenge to a performance account?</summary>

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

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<summary>Is there a target on the performance account?</summary>

No, there is no target on the performance account.

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<summary>What is the consistency rule?</summary>

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

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<summary>What is the safety net?</summary>

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

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<summary>What are the requirements to get a payout?</summary>

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.

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<summary>What’s the frequency of the payouts?</summary>

Ready to cash out? Once you've met our [minimum requirements](https://knowledge.flexytrade.com/flexytrade-help-center/performance-accounts-step-and-payout/payout-policy), you can submit your withdrawal request whenever you're ready. We'll take care of processing it in just five (5) short business days!

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<summary>Is there a minimum amount of payout?</summary>

The payout has a minimum threshold of $500.

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<summary>Is there a maximum payout?</summary>

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!

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<summary>What’s the profit split?</summary>

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.

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<summary>Is there a reset for the performance account?</summary>

Accounts are ineligible for reset.

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<summary>What is the maximum of performance accounts that I can have?</summary>

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.

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<summary>Is copy trade allowed?</summary>

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](https://knowledge.flexytrade.com/flexytrade-help-center/connections-and-platforms/quantower-connection-guide).

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