If you are looking for more general questions about payouts, you can find those here.
What is the Payout Policy?
In the Legacy Funded Account & Premium Funded Account®, traders can request a payout of up to 50% of their account balance after accumulating 5 winning trading days per payout request. A winning trading day is counted when a day’s Net P&L is $100 or more.
Winning days are accumulated as a running total between payout requests, they do not need to be consecutive days. This means that after making a payout, a trader will complete 5 additional winning trading days before being eligible for their next payout. This is required for each payout request.
Payout Examples
Legacy Funded Account
A trader starts their Legacy Funded Account with a $0 account balance. On their eighth trading day, they reach their 5 winning trading days with an account balance of $6,000. They request a payout of 50% of their profit and receive $3,000. They continue trading in the Legacy Funded Account with $3,000. After totaling an additional 5 winning trading days, they can decide if they want to payout up to 50% of their profit again.
Premium Funded Account®
A trader starts their Premium Funded Account® with a $5,000 account balance. On their sixth trading day, they reach their 5 winning trading days with an account balance of $8,000. They request a payout of 50% of their profit and receive $4,000. They continue trading in the Premium Funded Account® with $4,000. After totaling an additional 5 winning trading days, they can decide if they want to payout up to 50% of their profit again.
Additional Payout Information
- If a rule is broken in the account, the trader will receive their profits greater than the account’s starting balance.
- If a rule is broken in the account and there are no profits greater than the account's starting balance, no payout will be made.
- If a rule is broken in the Premium Funded Account® and the balance is below the account's starting balance, the remaining funds will be forfeited back to Topstep.
- If an account is closed due to 90 days of inactivity or a trader voluntarily requests to close their account, the trader will receive their profits greater than the starting balance.
How can I Request a Payout?
You can submit a request through this form in our app.
When a payout is requested and approved, we will remove the funds from the trader’s live account.
**Any losses incurred during the transfer of funds could impact the eligibility of a payout and may be subject to a payout less than the original amount requested.
Our firm will then start the process of sending the funds to Deel. Payouts are generally dispersed to Deel within one (1) to two (2) business days.
**Your account must be verified to receive your payout from Deel. Please see How to verify your contractor account for details.
Your Payout arrival will depend on the method that was selected, as different methods have specific clearing times.
- Deel Card: Instant
- Deel Instant Card Transfer: Instant
- Wallets, including Binance, Coinbase, Paypal, Payoneer, and Revolut: Up to one business day
- Local e-wallets: 1-5 business days
- Local Bank Transfer: 1-5 business days
- Bank Transfers via SWIFT: 5-7 business days
- Bank Transfers to Russia via SWIFT: 10 days
These transfer times are only estimates and may be impacted by additional reviews or requests for information at the discretion of the payment providers.
Please note that most payment providers, especially banks, do not process payments on weekends and public holidays.
Additional information about payouts from Deel can be found here in the Deel Help Center.
