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.
Note: BluSky account credits are now capped at $1000 per trader per month.
No minimum days for payouts
There are NO minimum days to trade to request payouts, you just need to keep the minimum account balance in your Sim Funded Account.
You will be funded in a Sim Funded Account first 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 your Sim Funded Account:
Minimum withdrawal amount: $250
Minimum Payout - To qualify your Sim Funded for payouts, you must be above your initial starting balance by $250.
Max payout amount (Sim Funded Only): $3000 per week
Please be reasonable when withdrawing so you leave enough buffer to continue trading. If you are just creating accounts to immediately close them, we may decline your application for future evaluations.
Account Size | Minimum balance |
$25,000 | $26,500 |
$50,000 | $53,000 |
$100,000 | $103,500 |
Keep in mind the safety buffer (Minimum balance) is not available for withdrawal.
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 90% Trader / 10% BluSky unless changed by a Risk Team decision.
Payment Processing
Gusto.com, Rise and BluSky Account Credit ( Note: BluSky account credits are now capped at $1000 per trader per month) are used for payouts. Coming soon Wise 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.