Summary
Once you receive an approved payout from your Sim Funded account at MegaTrader, your account status updates and a new evaluation cycle begins. This guide explains what changes, what resets, and how to prepare for your next withdrawal.
Why Does an Error Appear After a Payout?
When you receive a payout, your trading dashboard may display an error or appear not fully reset. This is entirely normal and part of the system's automatic processes. These updates signify that the current trading session has ended but have no impact on your account's functionality in the next session.
Trading Day Counter Resets
After a successful payout, your minimum trading day counter resets to zero.
Growth Plans: You must complete 7 valid trading days before becoming eligible for your next payout request.
Prime Plans: You must complete 10 valid trading days before your next payout.
A valid trading day requires at least one trade during the session (6:00 PM EST to 5:00 PM EST the next day).
Your account will unlock and refresh fully for trading when the new trading session begins, which is every evening at 6:00 PM Eastern Time. After this refresh, your dashboard will update, clearing any errors, and you'll be able to resume trading as usual.
Note: The Anytime Payout Add-On is currently disabled, so trading-day requirements cannot be waived at this time.
New Profit Target Tier Begins
Your account is moved to the next payout tier. This means you must reach the next profit milestone according to your plan’s payout structure (e.g., Payout 2 Goal).
Each subsequent payout has its own target and may differ by account size and plan type.
Consistency Rule Starts Over
Your Consistency Rule % resets after each approved payout. From that point forward, your daily profits must comply with the required 20% consistency rule for all plan types until your next payout request.
This ensures steady trading performance and discourages large profit spikes.
You Can Keep Trading
Even after your payout request is submitted or approved, you are free to continue trading. However:
Please note: If your dashboard shows errors or appears unresponsive after a payout, this is a normal part of the system's update process and will not affect your account's functionality after the refresh.
Be cautious not to violate drawdown rules
Trades after request submission still count toward the Consistency Rule and overall account health
Income Tracking & Certificates
Your successful payout will appear in your Payouts tab and include:
Updated payout status (Approved)
Payment amount and method
Downloadable certificate (if applicable)
You can track all previous payouts and use this information for performance tracking or documentation.