Payout Policy

Modified on Mon, 30 Jun at 3:50 PM

At TradeDay, we prioritize transparency and your success. Our payout policy is designed to provide a fair balance between maximizing your earnings, maintaining account stability, and rewarding loyal, longterm traders of TradeDay.

Payouts can be made from day one (after the End of Day settlement), but traders must first clear the buffer before submitting a withdrawal request.
The minimum payout request is $250
The trader split is based on the lifetime of withdrawals the trader has had with TradeDay, and is as follows:
80% on the first $50k of profits withdrawn
90% on profits withdrawn between $50k and $100k
95% on any profits withdrawn over $100k

Buffer zone funds are eligible to be withdrawn at any time, but are subject to a 50% split.

Payout requests submitted before 5:30pm are processed the next business day.

Note: For Funded Sim accounts, after the third withdrawal on that account, please stop trading and email us at FundedTrader@TradeDay.com for a review to move to funded live.

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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

Here are some example payout scenarios:

Payout request, not into the buffer: A trader on a $50K Funded Sim account earns $4000, and it is their first withdrawal from TradeDay. They have no prior withdrawals. They have cleared the TMD, as their account is above $50,000 at a $54,000 balance, with the “buffer” at $52,000.

The trader requests a $2000 payout, which takes their account down to, but not into the buffer ($52,0000). This will reduce the trading account balance by $2000 from $54K to $52K, and $1600 will be paid to the trader. The 80/20% split in the trader’s favor on the $2000 withdrawal is $1600 to the trader and $400 to TradeDay.

Payout request into the buffer: A trader on a $50K Funded Sim account earns $4000, and it is their first withdrawal from TradeDay. They have no prior withdrawals. They have cleared the TMD, as their account is above $50,000 at a $54,000 balance, with the “buffer” at $52,000.

The trader requests a $3000 payout. In this example, part of the withdrawal will be into the “buffer zone”(below the $52,000 level). This will reduce the trading account balance by $3000 from $54k to $51k, and $2100 will be paid to the trader. The 80/20% split in the trader’s favor on the first $2000 withdrawal is $1600 to the trader and $400 to TradeDay. The 50/50% split on the $1000 withdrawal into the buffer is $500 to the trader and $500 to TradeDay. So, the trader’s total payout will be $1600+$500=$2100, and TradeDay’s split will be $400+$500=$900.

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.