Important Update: Initial Payout Removed
Starting June 30, the initial payout option is going away any account purchase prior to June 30 will fall under the old rules.
BluLive resets purchased after 6/30 will follow the new rule.
It was meant for old live brokerage setups — but now that we use Sim Funded Accounts, it's outdated and actually hurting traders.
Most who took it started in drawdown and blew their accounts early.
Now you start clean, full balance, full drawdown, and can request a payout after $250 profit — from Day 1.
This gives you more room to breathe and a better shot at staying funded.
Questions? Drop them below or DM the team.
— Team BluSky
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) Sim Funded Accounts will be capped at a 5K Daily or a 10K Weekly profit for Review. Once you have proven consistency in profitability and proper risk management, You MUST open a support ticket so BluSky can review your accounts review your account for a potential move to Brokerage. If you fail to open a ticket and the risk team catches and locks the account, you are at risk of loosing the account and or profits in the account. If you are called up to a LIVE Brokerage account only the 10K cap per account will be transferred to your new Brokerage account, any profits above the 10K will be forfeited.
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
6) Important Reminder:
When a trader hits $5,000 in daily profits, they must stop trading for the day. Continuing to trade may result in forfeited profits.
Similarly, after reaching $10,000 in weekly profits, the account will be paused for a trading review as part of the process to qualify for a Live Brokerage account. You are required to open a Support Ticket below. If you are called up to a LIVE Brokerage account only the 10K cap per account will be transferred to your new Brokerage account, any profits above the 10K will be forfeited.
These limits are in place to help you focus on consistency and base hits — not gambling or chasing windfalls. The goal is to prepare you for success at the brokerage level.
Due to a rise in churning and high-risk behavior, BluSky also reserves the right to apply additional risk controls (like contract limits, daily loss limits, and account caps). Traders who blow three or more funded accounts may be limited to one active account at a time. The Risk Team can lock your account, for a review at anytime, this review can be a process. There is no set amount of time, the Risk Team takes to review accounts. Continually trading or asking about the account review, will not speed the process. BluSky reserves the right to dismiss traders, with negative reviews at anytime, as per the TOS.
*If you are caught trading the account during a Trading Account review you will forfeit the 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.
If you are called up to a LIVE Brokerage account only the 10K cap per account will be transferred to your new Brokerage account, any profits above the 10K will be forfeited.
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.
8) Tradovate and Project X Sim Funded Accounts (Rithmic and Volumetrica do not) may scale contract size with available margin and balance margin.
Meaning If your account starting balance is:
$ 3500 3 Mini’s and 35 Micro’s
$ 3000 3 Mini’s and 30 Micro’s
$ 2000 2 Mini’s and 20 Micro’s
$ 1500 1 Mini and 15 Micro’s