Daily Payouts or Flex Challenge: which should I choose?
Updated
Both are one-phase evaluations with a 6% profit target, no time limit and the same drawdown percentages. They are built for different things.
Flex is the freedom plan. No daily loss limit in either phase, no news restriction during the evaluation, and larger payouts when they come.
Daily is the cash flow plan. Money out every 24 hours at a better split, in exchange for tighter rails while you trade.
Side by side comparison for a 50K Plan
| Daily Payouts 50K | Flex 50K | |
|---|---|---|
| Price | $119 | $109 |
| Profit target | $3,000 (6%) | $3,000 (6%) |
| Max drawdown | $2,000 (4%) | $2,000 (4%) |
| Drawdown, evaluation | End of day trailing | End of day trailing |
| Drawdown, funded | Intraday trailing | End of day trailing |
| Drawdown lock point | Starting balance + $100 | Starting balance |
| Daily loss limit | $1,000, three hits in 30 days closes the account | None in either phase |
| Consistency, evaluation | 40% | 50% |
| Consistency, funded | None | None |
| News, evaluation | 2 minute buffer | No restriction |
| News, funded | 2 minute buffer | 2 minute buffer |
| Profit split | 90/10 from the first payout | 80/20, 90/10 available as a paid add-on |
| Winning days before payout | None | 5 |
| Payout frequency | Every 24 hours, no windows | Two windows a month |
| Maximum per payout | $1,000 | 50% of profit, up to $2,000 |
| Holding time rule | 60 seconds | 1 minute |
| Contract limits | 4 mini / 40 micro from day one | 3 mini / 30 micro |
| Automated strategies | Not permitted | See the automated strategies article |
Choose Daily if
- You want to take money out regularly rather than in larger amounts twice a month
- You are already trading profitably and want the cash flow, not the challenge
- You trade manually and can work inside a daily loss limit
- You are comfortable watching peak equity, because your funded drawdown trails intraday
Choose Flex if
- You want no daily loss limit at all
- You want to trade news freely during the evaluation
- You prefer fewer, larger payouts
- You want your funded drawdown to trail end of day rather than in real time
Can I hold both?
Yes, within the account limits for each plan.