Skip to main content

Eligibility for Payout

Understand the conditions you need to meet before requesting your payout

Upcomers avatar
Written by Upcomers
Updated today

Before requesting your first payout, it’s important to understand the rules and conditions that determine eligibility.

Only traders who have successfully completed the evaluation phase, passed the KYC verification, and signed the Upcomers Traders Agreement can qualify for payouts.

To ensure fairness and risk discipline, all funded traders must meet several internal payout conditions:

  • 30% Best Day Rule (Consistency rule) : No single trading day can represent more than 30% of your total profits. This ensures stable performance rather than one-time profit spikes. Exceeding this rule doesn’t breach your account, but your payout will be delayed until your profit distribution becomes more balanced.

  • 3% Rule: You must not lose more than 3% of your account balance on any single trade. Splitting large trades into smaller positions does not bypass this rule. Violating it is considered a breach of your funded account agreement.

  • Payout Threshold Rule: To be eligible for a payout, your net profit must exceed 20% of your daily drawdown limit. For example, on a $100,000 account with a 4% daily drawdown, your minimum profit must be at least $801.

  • No Open Trades: All positions must be closed before submitting a payout request.

  • Compliance with All Drawdown Rules: Your account must remain in full compliance with daily and maximum drawdown limits throughout the payout cycle.

Traders in the Vanguard (Instant Funding) program can request their first payout after completing a minimum of three trading days, provided that each day ends with a profit of at least 0.5% compared to the previous day’s closing balance.

Did this answer your question?