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Rapid Express Plan - Performance Rules

The rules for a Rapid Express Performance Account and how to qualify for a payout

M
Written by Marco Williams

There's no profit target and no consistency rule on a Rapid Express Performance Account. You can request a payout once you have at least $250 in profit.


Payout Eligibility

To request a payout, you need at least $250 in profit on your Performance Account.

You don't need to reach the Buffer before requesting a payout. You can request a payout once every 24 hours.

Only one payout request is allowed per day across all your accounts.


Performance Account Rules

Rule

Performance Account

Profit target

None

Minimum trades

None

Consistency

None

Drawdown

Intraday trailing until you reach the Buffer, then locked

Minimum payout

$250

Payout frequency

Once every 24 hours, one request per day across all your accounts

Trading permissions

Long calls and long puts only, closed by 3:59pm EST

Monthly fee

Continues while the account is active


Frequently Asked Questions

Can I withdraw the profit I made in my Evaluation?

No. Payouts only come from profit made on your Performance Account.

Does my loss limit change after a payout?

No. The payout is taken from your equity, but your loss limit stays where it is. This reduces your room before a breach. See Rapid Express Plan - Buffer to work out how much you can safely withdraw.

Do I need a minimum number of trades?

No. There's no minimum on the Evaluation or the Performance Account.

What is the Buffer?

The Buffer is the equity level where your loss limit stops trailing and locks permanently. It's 5.75% above your starting equity. It isn't a target you must hit.

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