Summary
MegaTrader allows flexible withdrawal requests once eligibility criteria are met. However, the actual timing of approval and processing follows a defined payout schedule. This guide explains when you can request a payout, how soon it is processed, and what to expect.
When Can I Request a Payout?
You can request a payout any time once the following conditions are met:
Minimum trading days completed
Profit target reached for your current tier
Consistency Rule is satisfied
Account remains above drawdown threshold
Once you meet all conditions, simply submit a payout request from your trader dashboard.
Payout Review and Processing Timeline
Once your payout status is changed to APPROVED, your funds are immediately withdrawn from your account. Payments are issued within 24 hours after the withdrawal has been processed.
Request Timing: Payouts can be requested at any time once payout conditions are met
Daily Account Reconciliation: Occurs between 5:00 PM and 8:00 PM EST/EDT
Final Request Cutoff: Eligible requests must be submitted by 11:59 PM EST to be processed the same cycle
You will receive an email notification once your payout request is approved.
Important Notes
You may continue trading after submitting a payout request
If your account fails or falls below eligibility levels before approval, the payout will be denied
Payout requests cannot be edited or canceled once submitted
Multiple Accounts
Each Sim Funded Account is evaluated independently. You can request payouts from more than one account as long as each account meets its own eligibility criteria.
Need Help?
Still not sure if you're eligible to request a payout or have a pending issue? Contact [email protected] or speak to our team using live chat in your portal.