{"id":14861,"date":"2024-04-04T18:53:00","date_gmt":"2024-04-04T22:53:00","guid":{"rendered":"https:\/\/tradingfunder.com\/?p=14861"},"modified":"2024-04-15T12:37:54","modified_gmt":"2024-04-15T16:37:54","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 completing TradeDay’s Evaluation Challenge, traders are awarded a Funded SIM or LIVE Trading Account. They may request withdrawals in accordance with TradeDay’s withdrawal guidelines and earn a portion of the profits.<\/p>\n\n\n\n

TradeDay’s payout policy allows traders to keep 100% of the first $10,000 of profits they make, and then 90% of the profits after that. Traders can request withdrawals whenever they like, without any restrictions on the frequency. However, there is a minimum withdrawal amount of $500.<\/p>\n\n\n\n

The process for requesting a payout at TradeDay differs slightly between Funded Sim and Funded Live accounts. Funded Sim payout requests are processed after the end-of-day trade report runs at 4.30 pm CT, and Funded Live payout requests need to be received before 11.30 am for same-day processing. Requests received after this time for Funded Live accounts will be processed after 12 pm on the next business day\u200b\u200b.<\/p>\n\n\n\n

Withdrawal requests at TradeDay are processed via bank wire or cryptocurrency transactions and facilitated through their payment processor, Riseworks.<\/p>\n\n\n\n

This article details TradeDay’s withdrawal and payout policies, emphasizing payment methods, processing schedules, fees, restrictions, and tax considerations.<\/p>\n\n\n\n

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