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Sim Funded Accounts

Rules and description regarding BluSky Sim Funded Accounts

Rich avatar
Written by Rich
Updated over 2 weeks ago

1) We have created a new step before Live Brokerage called Sim Funded Account that can be created in one day, provided you get the DocuSign Agreement back to us immediately.

2) All existing Brokerage Rules remain the same (Except for the above-mentioned changes) and all Payout rules all remain the same.

3) This will alleviate you having to wait a week for the brokers to open your Brokerage Account.

4) Tradovate Accounts will lockout at a 5K Daily or a 10K Weekly profit for Review. Once you have proven consistency in profitability and proper risk management, BluSky will review accounts and switch you over to the Brokerage side, in a timely fashion.

5) Professional Data Fee ($140) is required by Tradovate and Project X and Volumetrica for All Brokerage accounts, its non negotiable. If you are transitioned to a Live Brokerage Account you will be required to pay it.

It was removed from Sim Funded Accounts after 4/26/25

5) SIM FUNDED Accounts will be evaluated at $10K in total profit (This includes all payouts. Please see below for explanation) for a potential move our Live Brokerage Account , you MUST open a ticket. Failure to do so may result in denied payouts above $10K in your Funded Account.

Example and Explanation for 10 K Rule:

🚀 Getting to Live Brokerage Just Got Easier

We’ve got a great update for traders in Sim Funded Accounts:

Your payouts now count toward the $10,000 threshold required to be considered for a Brokerage Account.
That means every dollar you earn—whether you keep it in the account or withdraw it—moves you closer to going fully live.


🔍 How It Works:

Once you’ve generated $10,000 in total profit from your starting balance (including all payouts), you’ll be required to open a support ticket and request a Brokerage Review.

Our team will assess your performance and may invite you to transition into a Live Brokerage Account.

We’re working on automating this process, but for now, you’ll need to manually track your profits and payouts and submit the review request when you cross the threshold.

⚠️ Important: Please stop trading once your total profit crosses $10,000 and submit your ticket immediately. Continuing to trade without review may delay your transition.


🛰️ Why Brokerage Accounts Matter:

Brokerage Accounts are where your trades hit the real market.
You’ll unlock:

  • ✅ The ability to scale up with larger contract sizes

  • Unlimited earning potential

  • ✅ Continued access to daily payouts

This is the next level of your trading journey—and it’s now easier to reach.


📊 Here’s an Example:

You start your Sim Funded Account with $3,000 after BluLive.

  • You make $2,000 → balance: $5,000

  • You take a $2,000 payout → balance: $3,000

  • You earn $5,000 → balance: $8,000

  • You take a $4,000 payout → balance: $4,000

  • You earn another $3,500 → final balance: $7,500

Even though your current balance is $7,500, your total profit is $10,500:

  • $2,000 (first gain)

  • $5,000 (second gain)

  • $3,500 (third gain)
    = $10,500 total profit
    $6,000 in payouts withdrawn

✅ Since your total profit has exceeded $10,000, you're now required to submit a support ticket for a Brokerage Review.


We’re excited to reward committed traders and recognize your full progress—not just your current balance.

Let’s get you to brokerage.

🛰️ See you on the other side.

6) Payouts received before 11AM will be processed in batches the same day. After 11 AM Will be processed the next day. Initial payouts from BluLive to Sim Funded are paid the day after you get the account! Opening a support ticket is not necessary.

7) Project X and Volumetrica SIM FUNDED ACCOUNTS YOU HAVE TO SET YOUR OWN DLL.

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