{"id":14861,"date":"2024-04-04T18:53:00","date_gmt":"2024-04-04T22:53:00","guid":{"rendered":"https:\/\/tradingfunder.com\/?p=14861"},"modified":"2024-10-28T05:52:27","modified_gmt":"2024-10-28T09:52:27","slug":"tradeday-withdrawal-payout","status":"publish","type":"post","link":"https:\/\/tradingfunder.com\/tradeday-withdrawal-payout\/","title":{"rendered":"What is the TradeDay Withdrawal and Payout policy?"},"content":{"rendered":"\n

Upon successfully completing TradeDay’s Evaluation Challenge, traders are awarded a Funded SIM or LIVE Trading Account, where they can begin requesting withdrawals in accordance with TradeDay’s guidelines and earn a share of the profits. Our Trading Funder team recognizes that TradeDay offers a highly competitive payout policy, allowing traders to keep 100% of the first $10,000 in profits, and 90% of profits thereafter. Traders have the flexibility to request withdrawals at any time, with no restrictions on frequency, though there is a minimum withdrawal amount of $500.<\/p>\n\n\n\n

The payout request process at TradeDay varies slightly between Funded SIM and Funded Live accounts. For Funded SIM accounts, payout requests are processed after the end-of-day trade report at 4:30 pm CT. For Funded Live accounts, requests must be received before 11:30 am for same-day processing; those received after this time are processed after 12:00 pm on the next business day.<\/p>\n\n\n\n

TradeDay processes withdrawal requests via bank wire or cryptocurrency transactions, facilitated through their payment processor, Riseworks.<\/p>\n\n\n\n

In this article, our Trading Funder team provides a detailed overview of TradeDay’s withdrawal and payout policies, covering key aspects such as payment methods, processing schedules, fees, restrictions, and tax considerations\u200b.<\/p>\n\n\n\n

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