Most platforms make you wait. Payout On Demand does not.
Once you reach the SimFi Performance Account stage and meet the eligibility conditions, you can request a payout at any time - no fixed schedule, no unnecessary waiting.
Payout On Demand was introduced to reward the right trading behaviours:
Consistent performance over time
Disciplined risk management
Clean, verifiable performance data
How it works:
To take advantage of the Payout On Demand feature, you must satisfy a few rules.
35% Best Day rule: With a 35% best-day rule, you must ensure that no single trading day exceeds more than 35% of your total generated profits.
Minimum payout is $100.
Amounts are taken from your net profit. Meaning, with 80% payout, you need to request at least $125.
Minimum profitable days between each payout: 5 (does not apply for first payout)
A profitable day is considered as a day where the realized closed PnL equals to 0.3% or more.
You also have to achieve profitable days between each payout cycle. After requesting a payout, your previously achieved profitable trading days will reset to 0.
Payout buffer: Before you can start requesting payout, you need to leave a buffer in your account in the same size as your EOD Dynamic Drawdown.The buffer can not be requested. The reason for this is to protect trades from violating EOD by requesting full profit from the account.
If your EOD is 4% and your initial balance $100,000, the buffer is $4000.
Payout caps -Payout caps determine how much you can request in a single payout.
Account size | $25,000 | $50,000 | $100,000 | $150,000 |
1. Payout | $1,000 | $1,250 | $2,250 | $3,250 |
2. Payout | $1,000 | $1,250 | $2,250 | $3,250 |
3. Payout | $1,250 | $2,250 | $3,250 | $4,250 |
4. Payout | $1,250 | $2250 | $3,250 | $4,250 |
5. payout | $1,500 | $3,250 | $4,250 | $5,250 |
A full explanation can be seen in this article.
The earliest first payout (E8 Signature/ E8 One) can be requested is 3 days from the start of your trading period in the performance stage. This is not a separate waiting rule - it is simply how the Best Day Rule works in practice, as 3 days is the fastest the math can work in your favour.