By following these guidelines, you can ensure smooth trading and secure your payout with confidence.
Click on any rule for detailed explanations, including the potential consequences of violations, why these rules are critical at DayTraders.com, and practical tips to avoid breaking them. Stay informed and maximize your trading success by clicking through for more information!
Pro account limit: 5 active Pro accounts at any given time.
Dollar Cost Averaging (DCA): DCA is allowed during both the evaluation and Pro account phases.
News Trading: is allowed. Trading during news is not recommended as liquidity can drastically decrease and volatility can drastically increase, potentially leading to unfavorable fills. Exercise caution during these times.
No hedging. It is prohibited to be long in one account and short in another account.
No High Frequency Trading (HFT): It is prohibited to use automated high-frequency trading.
30% consistency rule: In the Pro Account, the 30% consistency rule ensures that no single trading day can account for more than 30% of the total simulated profits during the trading cycle.
How to Calculate the Minimum Account Balance to Comply:
To determine the minimum account balance required to stay within the 30% rule, follow these steps:Identify your largest profitable day from the most recent trading cycle.
Divide that amount by 0.3.
This calculation helps ensure your trading remains consistent and balanced across all trading days.
Minimum Trading Days:
You must complete at least 8 trading days.
A minimum of 1 trade a month must be placed to keep the account active
Minimum Daily Profit:
Each trading day must meet a minimum simulated profit threshold based on your account size. Trading days with simulated profits below this threshold will not count toward the 8-day requirement. If this happens, simply continue trading until the requirements are met.
Minimum Daily Profit by Account Size:
Acc Size | Minimum Daily Profit |
25k | $100 |
50k | $200 |
75k | $200 |
100k | $300 |
150k | $300 |
250k | $300 |
300k | $400 |
Drawdown (Static & Trail):
The drawdowns for each account size will remain unchanged from their previous values in the evaluation account.
Trading Day Definition:
A trading day is from 6 PM ET to 5 PM ET the next day.
For example:
Trades placed at 6 PM ET on Sunday and continued into Monday morning count as one trading day (Monday), not two.
This ensures all eligible trading days contribute consistently to meeting the payout criteria.
Minimum Account Balance & Maximum Withdrawal Limits
At DayTraders, we are an educational service dedicated to evaluating traders' ability to graduate to a live trading environment and setting them up for long-term success. We focus on identifying consistent traders, as consistency is the key to thriving in a live trading environment. Below are the requirements and limits for account balances and withdrawals.
Minimum Account Balance for Payout Requests
To request a payout, your account balance must meet the minimum thresholds outlined in the table below.
Maximum Withdrawal per Request
Each account has a cap on the maximum amount that can be withdrawn per payout request.
Account Size (Static & Full) | Minimum Account Balance for Payout Request | Minimum Account Balance AFTER Withdrawal ** | Maximum Withdrawal per Request |
25k | $26,600 | $26,000 | $1,000 |
50k | $52,600 | $52,000 | $2,000 |
75k | $77,850 | $77,500 | $2,500 |
100k | $103,100 | $103,000 | $3,000 |
150k | $155,100 | $153,500 | $3,500 |
250k | $256,600 | $254,000 | $4,000 |
300k | $307,600 | $305,000 | $5,000 |
** What does "Minimum Account Balance AFTER Withdrawal" mean?
Example for the $50,000 Account
Your account must reach $52,600 before you can request a payout.
After your payout, your account must stay at $52,000 or higher.
The smallest payout you can request is $500.
Example:
You have $53,000 in your account.
You want to take out $800.
$53,000 minus $800 = $52,200
$52,200 is more than $52,000, so your payout is approved.
Example of Withdrawal Limits:
A trader with a 50k Pro account is eligible for three (3) withdrawals of $2,000 each, totaling $6,000.
This can be achieved across five accounts simultaneously.
Maximum Withdrawal Limit per User
Each trader has a maximum withdrawal limit of $75,000 across all accounts.
Transition to Live Funded Accounts
Once you reach the maximum payout limit for your Pro account or hit 3 payout milestones, our risk team will contact you and provide details on transitioning from the simulated funded phase to a live funded account.
Our mission is to identify and support consistent traders through education and performance evaluation, guiding them toward long-term success in live trading.
Discover essential information on securing your payouts, understanding the payout process, necessary requirements, and other key details.
If a Pro account fails, you will have to complete another evaluation and convert it to a Pro account.
That is it! Good Luck!
Content and resources provided by DayTraders.com, including simulated trading environments, are for educational purposes only. We do not offer real-money trading accounts, and no actual funds are deposited with or traded through our platform. Past performance is not necessarily indicative of future results.
Services are exclusively for non-professional traders.