Payout Process Overview:
No need to wait for specific payout dates! At DayTraders.com, you can request a withdrawal any day once the requirements are met.
To get started, set up your payout method by logging into your member's area and completing the necessary details under the Pro Account Payout Method section. This setup is essential before you can request a withdrawal.
Withdraw Profits Overview:
Withdrawing profits is simple! Once you've made gains in your Pro Account, head to the withdrawal section in your dashboard. From there, request a payout, and we’ll process it quickly. Day Traders ensures you have full control over your earnings, making it easy to access your hard-earned money.
Please note that the minimum payout request is $500. Ensure your account meets this threshold before submitting a request to streamline the process.
Minimum Trading Days & Minimum Profit
Trading days are only counted toward the 8-day minimum requirement if the minimum daily profit for that day is met. If the minimum daily profit is not achieved, that day will not count toward the 8-day requirement. Traders must continue trading until they accumulate 8 qualifying trading days.
Additionally, The day a payout is requested does not count as a trading day, even if the minimum daily profit is hit that morning. This is because the trading day hasn’t officially closed, and reports haven’t been uploaded yet.
If you make less than the minimum daily profit, no worries; continue to trade until you have accrued the required minimum trading days and minimum account balance.
Account Size | Minimum Daily Profit |
25k | $100 |
50k | $200 |
75k | $200 |
100k | $300 |
150k | $300 |
250k | $300 |
300k | $400 |
A trading day runs from 6 PM ET to 5 PM ET the next day. For example, trading at 6 PM ET on Sunday and again on Monday morning would count as one trading day (Monday), not two.
Here are 2 examples for better reference:
Example 1: Trader Meets the 8-Day Requirement
Account Size: 50k (Minimum Daily Profit: $200)
Day 1: $250 profit ✅ (Counts as Day 1)
Day 2: $50 profit ❌ (Does not count; below $200)
Day 3: $300 profit ✅ (Counts as Day 2)
Day 4: $220 profit ✅ (Counts as Day 3)
Day 5: $200 profit ✅ (Counts as Day 4)
Day 6: $150 profit ❌ (Does not count; below $200)
Day 7: $210 profit ✅ (Counts as Day 5)
Day 8: $220 profit ✅ (Counts as Day 6)
Day 9: $310 profit ✅ (Counts as Day 7)
Day 10: $300 profit ✅ (Counts as Day 8)
Outcome: The trader meets the 8-day requirement after 10 calendar days, due to two non-qualifying days (Days 2 and 6).
Example 2: Trader Does Not Meet the 8-Day Requirement
Account Size: 100k (Minimum Daily Profit: $300)
Day 1: $350 profit ✅ (Counts as Day 1)
Day 2: $50 profit ❌ (Does not count; below $300)
Day 3: $300 profit ✅ (Counts as Day 2)
Day 4: $200 profit ❌ (Does not count; below $300)
Day 5: $310 profit ✅ (Counts as Day 3)
Day 6: $400 profit ✅ (Counts as Day 4)
Day 7: $100 profit ❌ (Does not count; below $300)
Day 8: $300 profit ✅ (Counts as Day 5)
Day 9: $350 profit ✅ (Counts as Day 6)
Day 10: $300 profit ✅ (Counts as Day 7)
Outcome: The trader still does not meet the 8-day requirement after 10 calendar days, as only 7 trading days have qualified. The trader needs at least one more qualifying day to request a payout.
If a payout request is submitted, the session following the payout request is considered the first trading day of the new cycle, not the same day the payout request was made. This ensures that all trading days included in the new cycle are complete and fully accounted for in the system.
Minimum Account Balance & Maximum Withdrawal Limits
At DayTraders, we are committed to rewarding consistent traders by providing opportunities to progress within our system. Traders who achieve three (3) payouts on a Pro account will be eligible for re-evaluation by our risk team for potential transition to a live funded account. Please note, the transition to a live account is not guaranteed and will be based on a comprehensive assessment of your trading performance and adherence to our guidelines.
The following table outlines the minimum account balances and maximum withdrawal limits per account per request:
Account Size (Static & Full) | Minimum Account Balance for Payout Request | Maximum Withdrawal per Request |
25k | $26,600 | $1,000 |
50k | $52,600 | $2,000 |
75k | $77,850 | $2,500 |
100k | $103,100 | $3,000 |
150k | $155,100 | $3,500 |
250k | $256,600 | $4,000 |
300k | $307,600 | $5,000 |
Example: A 50k Pro account is eligible for three (3) $2,000 withdrawals, for a total of $6,000. This can be achieved across five accounts.
Additionally, we have set a maximum withdrawal limit per user of $75,000. Our system is designed to encourage growth, and the rule of three (3) payouts per account remains in effect. If you reach the payout limit for a Pro account or exceed the user withdrawal limit, our risk team will contact you to discuss potential next steps. **
The minimum payout request is $500 (per account).
Taxes:
You will be paid as an independent contractor, and U.S. citizens will receive a 1099-NEC form by January 31 each year. Non-U.S. citizens will not receive tax forms.
Consult a tax professional for any questions regarding taxes, filings, or reporting. Day Traders is not able to provide tax advice.
What Happens if You Blow the Account After a Payout Request?
If you submit a payout request and then blow your account:
If the payout request is still pending, you will not receive the payout, as the account is no longer eligible.
If the payout request is approved before the account is blown, you will still receive the requested payout.
We do not allow payouts on accounts that have intentionally attempted to deceive or misrepresent their information to qualify for the platform.
This detailed guide should help you understand how payouts and withdrawals work within the Day Traders Pro Account system. Ensure you adhere to the requirements to maximize your profits and maintain a healthy trading account!
**Important Note: This is subject to change as we assess each trader individually. Upon reaching this level, our risk team will contact you with further details.