How often can I withdraw profits from my trading account and are there any fees?

Modified on Tue, 4 Nov at 9:17 AM

A trader can make a daily withdrawal request after they have cleared the buffer zone.
Profit share for the trader is based on the trader's lifetime withdrawals.
Withdrawals of profits above the buffer zone are at an 80%/20% split (in the trader's favor) for the first $50K, 90%/10% for the next $50K, and 95%/5% for any lifetime withdrawals over $100k.
Buffer zone profits are available to withdraw at any time, but will be subject to a 50%/50% profit split with TradeDay.
Minimum payout request is $250.
Please click here for more information on profit splits.

A trader clears the Buffer Zone when they have a positive balance at the equivalent of their DrawDown.

To illustrate the minimum balance required for Funded Sim traders to request the first payout, please refer to this table:

Account Tier	Starting account balance	Maximum Drawdown	Balance required for withdrawal
$50K	$50000	$2000	$52000
50k Static	$50000	$500	$50,500
$100K	$100000	$3000	$103000
$100k Static	$100000	$750	$100750
$150K	$150000	$4000	$154000
$150k Static	$150000	$1000	$151000

Payout requests

Requests received before 5:30 pm CT will be processed within 24 hours (business days only).

Full details on how to withdraw can be found here.

The fees to the trader are as follows:

International bank wire withdrawals: $15/withdrawal
USbank wire withdrawals: Free
L1 Crypto Withdrawals: $2.5/withdrawal + Estimated Gas Fees.
L2 Crypto Withdrawals: Free.

Click here to see the payment methods for my trading profits.

If you have any issues withdrawing your profits from your Riseworks account, please contact Riseworks by going to their website here and contacting them through the chat box in the bottom right corner.