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.
Trading Day Counter Resets
After a successful payout, your minimum trading day counter resets to zero. You must complete a new set of 10 valid trading days before becoming eligible for another payout request.
A valid trading day requires at least one trade during the session (6:00 PM EST to 5:00 PM EST the next day).
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% or 35% rule 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:
Be cautious not to violate drawdown rules
Trades after request submission still count toward Consistency Rule and 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.
Need Help?
If you’re unsure what your next profit target is or how many days you've traded since your last payout, contact [email protected] or reach out via live chat in your portal.