General
Common Problems
Funded
Payouts
Daily Payout Processing
Payouts requested before 11AM ET on weekdays (excluding holidays) will be processed on the same day. Transfer times may take from 1-3 business days, depending on your bank and payout method. Payouts requested after 11AM ET will be processed the next business day.
No minimum days for payouts
There are NO minimum days to trade to request payouts as long as you are above your initial starting balance in your Sim Funded or Brokerage Account. You just need to reach the point of profit where your account moves from BluLive to the Sim Funded/Brokerage.
You will be funded in a Sim Funded Account after BluLive, so all the profits you make in it are real and we're happy to send them to you. It's also how we scale our business.
Payouts in Brokerage account
- Minimum withdrawal amount: $250
- Minimum Payout - To qualify your Sim Funded - Brokerage Account for payouts, you must be above your accounts initial starting balance by $250.
- Max payout amount: No limits
Please be reasonable when withdrawing so you leave enough drawdown to continue trading. If you are just creating accounts to immediately close them, we may decline your application of future evaluations.
Account Size | Minimum balance |
$25,000 | $25,300 |
$50,000 | $51,000 |
$75,000 | $76,000 |
$100,000 | $101,000 |
Keep in mind when you make it to Brokerage the safety buffer (Minimum balance) is not available for withdrawl.
Profit Sharing
Our business model is focused on retaining successful traders. The more you make, the more of that profit you get to keep. All payouts are now 90% Trader / 10% BluSky at all times.
Payment Processing
Gusto.com, Rise and BluSky Account Credit are used for payouts.
Taxes
You will be paid as an individual contractor by 1099 (If you need a 1099 for your LLC you must select Gusto as your payout method).
Non-US citizens must submit a W-8BEN on first payout. No reports are sent for Non-US citizens.
For any tax advice, consult with your personal accountant.
BluSky Trading Company LLC reserves the right to payout the trader at any time and under any circumstances.