Everything you need to know about requesting payouts, setting up payment methods, and receiving your trading profits.
PRO Payout Rules: Official eligibility and limits (minimum $500, 5 qualifying days, 50% consistency, safety net, sequential max caps) are in our Payout Rules and Procedures. Requests are also reviewed against Prohibited Activities (including hedging and the 4-minute direction rule). A request is not an approval.
Overview
PRO Account holders can request payouts after meeting the selected account's qualifying-day, consistency, safety-net, and sequential-cap requirements. This guide covers the process from eligibility to receiving funds.
Important: Payouts are only available for PRO Accounts (funded accounts), not Evaluation Accounts. You must first successfully complete an evaluation to become eligible for payouts.
KYC (Know Your Customer)
Before your first payout, upload a completed W-9 (US) or W-8BEN (outside the US) on the Request a Payout page. Edmond may also ask for identity documents. Full steps: KYC help.
How You Can Receive Payouts
We do not require a bank account. You can receive payouts via:
- PayPal — provide your PayPal email
- Zelle — provide your Zelle email or phone number
- Cash App — provide your $cashtag
- Venmo — provide your Venmo username
- Paper check — we mail a check to your profile address
Set your preferred method on the Payout Method page. We never see or store your bank account details. If you prefer, you can also add a bank account through our secure banking flow (optional).
Your responsibility: Payouts are sent to the method and identifier you provide. You are responsible for providing correct details; we are not liable for funds sent to incorrect or fraudulent details.
We do not store bank account numbers. If you use PayPal, Zelle, Cash App, or Venmo, you may link your bank on their platform; that is between you and them.
Payout Eligibility
Profit Target Achievement
To become eligible for payouts, you must:
- Have a PRO Account (not an Evaluation Account)
- Weekly when eligible. Request on the day you qualify (5 qualifying days at the Intraday or EOD size-based minimum daily profit)
- Meet 50% consistency and the safety-net minimum balance
- Follow Prohibited Activities (no hedging; 4-minute direction rule)
- Have a verified payout method on file
Account Status
Your account must be in "active" status. Accounts marked as "Admin Only" or "Failed" are not eligible for payouts until the status is resolved.
Live status: The Request Payout page shows eligibility separately for each PRO Account, including its next payout number and maximum request.
Setting Up Payment Methods
Before requesting your first payout, set up how you want to receive funds. You can use PayPal, Zelle, Cash App, Venmo, or paper check (no bank account required), or optionally add a bank account through our secure banking flow.
Option 1: No bank required (recommended)
From your dashboard, go to Payout Method. Choose PayPal, Zelle, Cash App, Venmo, or paper check, enter the requested identifier (e.g. PayPal email, $cashtag), and save. You can request payouts immediately after saving. We never see or store your bank details.
Option 2: Bank account (optional)
If you prefer ACH to a bank account, click "Add Payout Method" on the Payout Method page. You will be redirected to a secure onboarding flow to enter bank details (routing and account number), complete verification, and accept the provider terms. Bank verification may take 1-2 business days; we never store your bank details on our servers.
Security: We do not store bank account numbers. For no-bank methods we store only the identifier you provide (e.g. email, $cashtag). Bank details, when used, are handled solely by secure payment partners.
Requesting a Payout
Step 1: Check Your Available Balance
From your dashboard, check your "Available for Payout" balance. This is calculated as:
Available amount = the lowest of account profit, safety-net room, and the sequential cap for the next payout
The minimum payout request is $500.
Step 2: Submit Payout Request
To request a payout:
- Navigate to the "Request Payout" section in your dashboard
- Select your verified payout method
- Enter the amount you wish to withdraw (must be ≥ minimum payout)
- Add an optional description or note
- Review the payout details and confirm
- Submit your request
Step 3: Payout Processing
After submitting your request:
- Auto-Approval: If auto-approval is enabled, your payout will be processed immediately
- Manual Review: Payouts are reviewed and approved within 1–3 business days.
- Status Updates: You'll receive email notifications at each stage of the process
Payout Limits & Fees
Minimum Payout Amount
The minimum payout amount is $500.00 for every supported PRO Account size.
Maximum Payout Amount
Each PRO Account has a maximum for payout #1 through #5. Intraday and EOD schedules are different; see the official payout tables.
Processing Fees
Payout processing fees, if any, are typically covered by the platform. However, your bank may charge fees for receiving transfers. Check with your bank for their fee structure.
Payout Frequency
Weekly when eligible. Request on the day you qualify. You need at least 5 qualifying trading days (at the size-based minimum daily profit) since your last approved payout (or since you started). You must also meet the minimum balance and other PRO payout rules each time.
Payout Schedule & Processing Times
Request Submission
Payout requests can be submitted at any time, 24/7. There are no cutoff times or specific days when requests must be submitted.
4. Bot trading & security auditing policy
We don't constantly monitor every trade for violations. Instead, we assess your account during two key moments:
- When you request a payout. This is when we review your trading performance comprehensively.
- During routine risk audits. Periodically to ensure system stability and testing of auto processes.
Review & Approval
If manual review is required:
- Payouts are reviewed and approved within 1–3 business days
- You'll receive an email notification when your request is approved or if additional information is needed
- Auto-approved payouts are processed immediately
Fund Transfer
Once approved, funds are sent to your chosen payout method:
- PayPal / Zelle / Cash App / Venmo: We send to the identifier you provided; timing depends on the method (often same day or 1–2 business days).
- Paper check: Mailed to your profile address; allow time for mail delivery.
- Bank transfer: Typically 1-3 business days to your verified bank account.
- You may receive an email when the payout is processed or sent.
Note: Processing times may be longer during holidays or weekends. International transfers may take additional time depending on your bank and location.
Account Balance Requirements
Minimum Balance After Payout
After payout, the selected account must remain at or above its safety net (starting balance + maximum drawdown + $100). This means:
- You cannot withdraw funds that would bring your balance below the safety net
- Your request also cannot exceed the cap for the account's next payout number
- Your account may be marked as "Admin Only" until the balance is restored
Example Calculation
For a $50,000 PRO Account:
- Initial balance: $50,000
- Current equity: $55,000
- Safety net: $52,100; minimum balance to request: $52,600
- For payout #1, the maximum request is $1,500 under both $50K schedules
- A $1,500 payout leaves $53,500, above the $52,100 safety net
Tracking Payout Status
You can track the status of your payout requests from your dashboard:
Pending
Your request is awaiting admin review or processing.
Approved
Your request has been approved and funds are being transferred.
Paid
Funds have been sent to your chosen payout method (PayPal, Zelle, bank, etc.).
Failed
The transfer failed. Contact support for assistance.
Frequently Asked Questions
How long does it take to receive funds?
For PayPal, Zelle, Cash App, or Venmo, funds are often sent within 1-2 business days after approval. Paper checks are mailed to your address and take longer. Bank transfers typically arrive in 1-3 business days.
Can I cancel a payout request?
Payout requests can only be cancelled if they're still in "Pending" status. Once approved or processed, they cannot be cancelled.
Are there taxes on payouts?
We do not withhold taxes. You are responsible for reporting trading profits to your local tax authorities according to applicable laws.
Can I change my payout method?
Yes. On the Payout Method page you can update your PayPal, Zelle, Cash App, Venmo, or check preference at any time, or add/remove a bank account. Your next payout request will use your current saved method.