PAYDAY Account
The PAYDAY Account is a new short term trading account from Top One Trader, built for traders who want a fast, objective based payout opportunity.
Instead of going through a traditional Phase 1, Phase 2, or Instant Funded model, traders select their entry amount, choose their payout multiplier, and have 8 hours to complete the required trading objective.
If the trader completes the objective without breaching the trailing loss limit, they become eligible to request their PAYDAY payout.
How It Works
Choose your entry amount
Select an amount between $25 and $500, available in $25 increments.
Choose your multiplier
Select one of three PAYDAY multiplier options:
Multiplier | Required Profitable Trades | Eligible Payout |
2x | 3 profitable trades of 1% | Entry amount x 2 |
5x | 4 profitable trades of 1% | Entry amount x 5 |
10x | 5 profitable trades of 1% | Entry amount x 10 |
3. Complete the objective
You have 8 hours from your first trade to complete the required number of profitable trades.
Each qualifying profitable trade must reach at least 1% profit.
4.Request your payout
Once the objective is completed within the 8 hour window, without breaching the trailing loss limit, you can request your payout.
5. Account completion
After the payout is approved, the PAYDAY Account is closed. You can then choose to purchase another PAYDAY Account and try again.
Example
If you select a $100 entry amount with the 2x multiplier, your objective is to complete 3 profitable trades of at least 1% within 8 hours.
If completed successfully, you become eligible to request:
$100 x 2 = $200 payout
After the payout is approved, the account is closed.
Larger Example
If you select a $500 entry amount with the 10x multiplier, your objective is to complete 5 profitable trades of at least 1% within 8 hours.
If completed successfully, you become eligible to request:
$500 x 10 = $5,000 payout
After the payout is approved, the account is closed.