How PAYDAY Account Payouts Work
PAYDAY Account payouts are based on the trader’s selected stake and multiplier.
Unlike regular funded accounts, the payout amount is fixed once the trader purchases the account. The payout is not based on the full profit made in the account. It is based on the selected stake multiplied by the selected PAYDAY multiplier.
How to Qualify for a PAYDAY Payout
To qualify for a PAYDAY payout, the trader must successfully complete all PAYDAY Account requirements.
This includes:
Completing the required number of qualifying profitable trades.
Ensuring each qualifying profitable trade reaches at least 1% profit.
Completing the objective within the 8 hour trading window.
Not breaching the 2% trailing max loss limit.
Following all PAYDAY Account rules.
Having their Rise account linked in the dashboard before requesting a payout.
Once all requirements are met, the trader may request their eligible PAYDAY payout.
How the Payout Amount Is Calculated
The PAYDAY payout amount is calculated using the following formula:
Selected stake x selected multiplier = eligible payout amount
For example:
Stake | Multiplier chosen | Eligible Payout |
$25 | 2x | $50 |
$100 | 2x | $200 |
$250 | 5x | $1,250 |
$500 | 5x | $2,500 |
$500 | 10x | $5,000 |
Example: $500 Stake With a 5x Multiplier
If a trader selects a $500 stake with a 5x multiplier, their eligible payout amount is:
$500 x 5 = $2,500
If the trader completes all PAYDAY Account objectives and follows all rules, they may request a payout of $2,500.
The Payout Amount Is Fixed
The PAYDAY payout amount is fixed based on the selected stake and multiplier.
This means the trader can request the eligible payout amount only.
For example, if a trader selects a $500 stake with a 5x multiplier, the eligible payout amount is $2,500.
Even if the account balance grows to $150,000, meaning the account has generated $50,000 in profit, the trader can still only request the fixed eligible payout amount of $2,500.
In this example:
Account Balance | Account Profit | Eligible Payout |
$102,500 | $2,500 | $2,500 |
$110,000 | $10,000 | $2,500 |
$150,000 | $50,000 | $2,500 |
The minimum payout request is $2,500.
The maximum payout request is also $2,500.
The payout is fixed and does not increase if the trader generates more profit than the eligible payout amount.
The Account Must Have Enough Profit to Cover the Payout
To request a PAYDAY payout, the account must have enough profit to cover the eligible payout amount.
For example, if the trader wants to request a $2,500 payout, the account must have at least $2,500 in profit.
Since the PAYDAY Account starts at $100,000, the account balance must be at least:
$102,500
If the account balance is below $102,500, the trader has not generated enough profit to request the full $2,500 payout yet.
Example: Not Enough Profit in the Account
A trader selects:
Stake: $500
Multiplier: 5x
Eligible payout: $2,500
The trader completes the required profitable trades, but the account balance is only $101,800.
This means the account has generated $1,800 in profit.
Because the eligible payout is $2,500, the account does not yet have enough profit to cover the payout request.
Account Balance | Account Profit | Eligible Payout | Can Request Payout? |
$101,800 | $1,800 | $2,500 | No |
$102,500 | $2,500 | $2,500 | Yes |
$103,000 | $3,000 | $2,500 | Yes |
Example: More Profit Than the Eligible Payout
A trader selects:
Stake: $500
Multiplier: 5x
Eligible payout: $2,500
The trader completes the required objective and grows the account to $150,000.
This means the account has generated $50,000 in profit.
Even though the account profit is higher than the eligible payout amount, the trader may only request $2,500.
The PAYDAY payout does not increase beyond the selected stake and multiplier amount.
Rise Account Requirement
To request a PAYDAY payout, the trader must have their Rise account linked.
The Rise account can be linked directly through the trader dashboard.
If the trader has completed the PAYDAY objective but has not linked their Rise account, they may not be able to submit a payout request until this step is completed.
What Happens After a PAYDAY Payout Is Approved?
Once the PAYDAY payout is approved, the account is closed.
The PAYDAY Account is a short term objective based account, not a long term funded account.
After the account is completed and the payout is approved, the trader may choose to purchase a new PAYDAY Account and try again.
Important Notes
The trader must qualify before requesting a payout.
The payout amount is based on the selected stake and multiplier.
The formula is stake x multiplier.
The payout amount is fixed.
The payout does not increase if the trader makes more profit than the eligible payout amount.
The account must have enough profit to cover the payout amount.
If the eligible payout is $2,500, the account must have at least $2,500 in profit.
A linked Rise account is required to request a payout.
Once the payout is approved, the PAYDAY Account is closed.