How the 24 hour payout cycle works on Daily Payouts

Updated

Daily Payouts is the only GFF plan where payout requests are not tied to a monthly window or to a winning day count. Here is how the cycle actually works.

Your first request

You can submit your first payout request 24 hours after you place your first trade on the funded account. The clock starts when that trade is placed, not when it closes.

There is no minimum number of trading days, no winning day requirement, and no waiting for a monthly window. What you do need is:

Every request after that

One request every 24 hours. There is no cap on how many payouts you can take.

Buffer, minimum and maximum

Account sizeProfit bufferMinimum balance to requestMaximum per payout
25K$1,100$26,100$650
50K$2,100$52,100$1,000
100K$3,100$103,100$1,500
150K$4,600$154,600$2,500

The buffer stays in the account and is not withdrawable. Profit above the per-payout maximum stays in the account too, and supports your equity going into the next request.

The minimum request is $500 on every size.

Two checks run on every request

Both are checked when you submit, and a request can fail either one:

  1. The daily progression rule.At least 50% of what you request must be profit made since your last approved payout.
  2. The 60 second holding rule.At least 50% of your net profit since your last payout must come from trades held longer than 60 seconds.

What "50% must be new profit" means in practice

You can request up to twice the profit you have made since your last approved payout, within the minimum and maximum for your size.

Worked example on a funded Daily 50K: Your balance is $53,400, which is $1,300 above the $52,100 buffer. Your last payout was approved yesterday and you have made $700 since. Twice $700 is $1,400, but the 50K maximum is $1,000, so you request $1,000. At the 90/10 split you receive $900, less the 3% processing fee, so $873 arrives. Your balance becomes $52,400.

The practical effect is that one very good day followed by flat days will not let you keep withdrawing. Each request has to be at least half funded by profit made since the last one.

Why was my request declined?

A declined request is not a breach. Your account stays open and you keep trading.

The usual reasons:

Processing time and fees

Payouts are processed within 48 hours of the request. A 3% processing fee is deducted to cover payment and transaction costs, so the amount that reaches you is slightly below the figure on your payout certificate.

How this compares to our other plans

Daily PayoutsFlexEOD
Request frequencyEvery 24 hoursTwo windows a monthTwo windows a month
Winning days neededNone57
Profit split90/10 from the first payout80/20, 90/10 as a paid add-on80/20, 90/10 as a paid add-on
Maximum per request (50K)$1,00050% of profit, up to $2,00050% of profit, up to $1,500 first payout

Flex pays more per request. Daily pays more often, and at a better split without an add-on.

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