Payout Request Window #
- Request Days: Traders can request payouts between 1 AM EST on Saturday until 5 PM EST on Sunday.
- Request Limit: Only one payout request per account is allowed each week. Any additional requests within the same week will not be accepted and must wait until the following payout window if you are eligible.
Payout Eligibility Rules #
The payout button will not appear on the dashboard if any of the following rules are broken or not followed:
- Minimum Trading Days: To qualify for weekly payouts, you must trade on at least 3 separate days within the same week.
- Example: If a trader places one trade per week for 3 consecutive weeks or more, they will never qualify for a payout. This is because the requirement is to trade on at least 3 different days within the same week, in addition to meeting other rules.
- 40% Consistency Rule:
- No single day’s net realized profit may exceed 40% of your total realized profit since your last approved payout (or, if no prior payout, since account activation).
- This rule applies at the time of a payout request.
- If the 40% threshold is exceeded, the payout will be temporarily restricted until consistent profit is established over additional trading days.
- For more information, please read this FAQ.
- Maintain minimum account balance and achieve the payout eligibility threshold at least once on the account.
- Carry Forward Rule: The Profit Carry-Forward Rule applies to all Gladiator Accounts (PTSA) and determines payout eligibility based on accumulated profits. For more information, please read this FAQ.
- Avoid getting flagged by our system for gambling, churning, hedging, Same IP rule (users with same IP addresses), or any of our prohibited trading practices.
- Note: A detailed Flags Guide is available in two places after you log in — under Quick Reference on the Dashboard, and separately within the Trader Dashboard, titled “Understanding Flags and Probation Guide.”
- All flags can be viewed on the Trader Dashboard if triggered. You’ll also find linked PDF guides with steps and tips on how to avoid being flagged in the future.
- Minimum Payout Amount: $100 per PTSA.
What happens after payout is requested? #
- As soon as payout is requested, it gets deducted from the Rithmic account so that traders can resume trading once market opens and won’t have to wait for approvals or rejections.
Internal Review and Compliance Process #
- Prohibited Practices Detection: Our system actively detects prohibited trading practices on a daily basis. If a user is flagged for such practices, they will not be able to request a payout during that same week between Sat-Sun. However, users can appeal the flag through the compliance process outlined on the Prohibited Practices page.
- Manual Compliance Checks: Payout requests submitted between Saturday and Sunday are subject to additional manual compliance checks. If any issues are identified across the accounts during this review, we will reach out to the user between Monday and Thursday to address and resolve the concerns before the payout day.
Drawdown, Eligibility and Payout Caps #
| Account Size | Drawdown Protection | Trailing Drawdown | Payout Eligibility Balance* | Minimum Account Balance** | Weekly Payout Cap (12-Weeks) | Monthly Payout Potential |
|---|---|---|---|---|---|---|
| 50K | None | $2,500 | $52,600 | $50,100 | $1,250 | $5,000 |
| Level 1 | $2,750 | $52,850 | $50,100 | $1,250 | $5,000 | |
| Level 2 | $3,000 | $53,100 | $50,100 | $1,250 | $5,000 | |
| 100K | None | $5,000 | $105,100 | $100,100 | $1,500 | $6,000 |
| Level 1 | $5,500 | $105,600 | $100,100 | $1,500 | $6,000 | |
| Level 2 | $6,000 | $106,100 | $100,100 | $1,500 | $6,000 | |
| 250K | None | $12,000 | $262,100 | $250,100 | $1,750 | $7,000 |
| Level 1 | $13,500 | $263,600 | $250,100 | $1,750 | $7,000 | |
| Level 2 | $15,000 | $265,100 | $250,100 | $1,750 | $7,000 | |
| 500K | None | $24,000 | $524,100 | $500,100 | $2,000 | $8,000 |
| Level 1 | $27,000 | $527,100 | $500,100 | $2,000 | $8,000 | |
| Level 2 | $30,000 | $530,100 | $500,100 | $2,000 | $8,000 |
* Minimum Balance Required to Achieve Payout Eligibility
** Minimum Balance Required Once Trailing Drawdown is Fixed
Requirements by Payout Method #
Refer to the table below to ensure you meet the criteria for the method you select:
| Requirement | Rise | Wise | Revolut |
|---|---|---|---|
| Email must match your PST account | ✅ | ✅ | ✅ |
| First & last name must match on KYC and PST | ✅ | ✅ | ✅ |
| Account type must match PST (Personal/Business) | ✅ | ✅ | ✅ |
| Special tag/code required | ❌ | ❌ | ✅ |
| Account required in advance | ❌ Click the button in Step 1 to receive your Rise invite via email. If you already have a Rise account with a different email, it cannot be changed. | ❌ If you don’t have a Wise account, you will only receive an invite from Wise when we actually send your payout — not when you request it. | ❌ Create a Revolut account using your PST email and KYC details. Enter your Revtag in Step 1 — it cannot be changed once submitted. |
How do I set up my payout method (Rise, Wise, or Revolut)? #
To choose and set up your payout method correctly, follow these steps:
- Go to the Payout Methods page.
- Step 1: Review and Connect Your Payout Method
- ⚠️These fields (first name, last name, and email) are prefilled from your PST account and cannot be changed.
- Step 2: Select Your Primary Payout Method‘, select Rise, Wise, or Revolut from the dropdown.
- If you choose Rise, you need to send yourself an invite by clicking on the invite button,
- If you choose Revolut, enter your Revolut Revtag in the provided field.
- Click Save Preferences to confirm your selection.
Setting Up Your Rise Account #
To register a Rise account, follow these steps:
- Register Here: Use the same email, first, and last name associated with your PropShopTrader (PST) profile and KYC documentation.
- Click here to access Rise’s onboarding guide.
- KYC Verification: Complete the KYC (Know Your Customer) verification on the Rise website. Only KYC-approved profiles are eligible for payouts.
- Email Consistency: Ensure your Rise account email matches the email registered with PST.
Note: If you request a payout through the PST dashboard with Rise as the payout option selected as your primary method, you will receive an email invitation to register with Rise. However, to avoid delays, it’s recommended to pre-register and complete KYC with Rise.
Already Registered with Rise? If you are already registered, you’ll receive an invitation to join PST’s team on Rise upon selecting it as your primary payout method.
If you encounter issues, visit the Rise Help Center.
Setting Up Your Wise Account #
- Create an Account
- Visit Wise.com or download the Wise mobile app (available on iOS and Android) and click on “Register”
- Use the same email, first, and last name associated with your PropShopTrader (PST) profile & KYC documentation, and choose a strong password.
- Verify Your Identity
- KYC Verification: Complete the KYC (Know Your Customer) verification on the Wise’s platform.
- Wait for confirmation: Wise will review your documents and notify you via email once verification is complete.
- Add Your Bank Account or Card
- Open a USD currency account under the “Balances” or “Multi-currency account” tab.
- Note: You need to have a USD account as we process payouts in USD. If your Wise account does not support USD, this payout option will not be available to you.
- If you encounter issues, visit the Wise Help Center.
Setting Up Your Revolut Account #
- Please read this FAQ on Getting Started With Revolut
- Download and Install the Revolut App
- Visit the Revolut website or download the Revolut app from the iOS or Android app store to sign up.
- Use the same email, first, and last name associated with your PropShopTrader (PST) profile and KYC documentation.
- Create Your Account and Verify Your Identity
- Open a USD currency account as we process payouts in USD. Please follow the steps mentioned in this FAQ for your assistance.
- Note: If your Revolut account does not support USD, this payout option will not be available to you.
- Locate your Revtag as this is what is required for payouts.
- For more information on Revtags, click here.
- For more information on Revtags, click here.
Payout Processing #
Once approved, payouts are processed and issued on Friday.