Payout targets, just like the consistency rule, reset after each payout.

‍1st Payout: Achieve 6% profit of your starting balance

‍2nd Payout: Achieve 5% profit of your starting balance

‍3rd Payout and beyond: Achieve 4% profit of your starting balance

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‍Example:

‍If you're trading a $100,000 Sim Funded account, in order to qualify for your first payout, you'll need to achieve the consistency rule and create a profit on your account of $5,000 (5%). In order to request your second payout, you'll need to create another $4,000 in profit (4%). In order to request your third payout, you'll need to create another $3,000 in profit (3%). This applies to all Instant and Elite Sim Funded accounts.

We believe that news-driven trading is an essential part of active trading and can provide opportunities for skilled traders to capitalize on market movements. By allowing news trading, we ensure that our traders have the freedom to execute their strategies effectively.

When you trade using an Instant Sim Funded Account, your trades are executed in real-time, mirroring exactly what would happen with a live account. However, any profits or losses in this account are simulated—they’re not actual financial gains or losses. Despite this, profits earned in your Instant Sim Funded Account can qualify for real cash payouts, allowing you to earn as you practice and sharpen your trading skills.

Traders can have a maximum of 3 accounts at the same time, regardless of account size. This means you can manage multiple accounts, but you cannot exceed this limit.