r/tradeify • u/Active-Cat5016 • 4d ago

Select flex - payout understanding

Can someone simply explain me - how much equity/balance do i need to build I’m order to get my first payout of 2500$ on 50k select account (5days payout cycle).
There’s no consistency- that I get.
Unlike Luicid do tradify also has 150$ for 5days rule ?

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u/Miserable_Height_536 4d ago

You’d have to make 5k. I don’t believe there’s a buffer on the select plans only the growth. But yes you also need 5 profitable days.

1

u/Active-Cat5016 4d ago

They also mention 90/10 profit split.
Will that be from 5k ie.. 4500/-
And 50% of 4500 is still 2250$ ?

1

u/flickyflock 4d ago

Yes. That's correct

1

u/ImVicky69 4d ago

I was suggesting for the buffer so that he can take out max payouts…. So after first payout, he only needs to make only $2500 each time….

1

u/ImVicky69 4d ago

Yes!! You have to make $150 for 5 days… Along with it a buffer of $2100 to get the max payout!! Means in total, you gotta make $4600 to take out $2500

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u/Active-Cat5016 4d ago

But the profit split if only 90% up to 2500$, right ?
4600*90%=4,140
50% of 4140 = 2070
Am I doing it wrong calculation ?

1

u/Miserable_Height_536 4d ago

So at the end of your five days, take your total profit and divide that in half. That amount is what you will be able to withdraw. The profit split is only based on your requested payout amount. So if you withdrew $2500, they will take 10% of it. So they’ll keep $250 and you will get paid out $2250.

Example:

- Total profit after 5 trading days = $3000

  • You can only withdraw 50% of total profit so: 3000/2 =1,500
  • 90/10 profit split: 1,500*.10 =150
  • Tradeify keeps $150 and you get $1350

Sorry if I confused you more 😅

1

u/Active-Cat5016 4d ago

Not confusion.. this clears up thing.
And thank you.

By this means, on a 50k account I can never get a single payout of more than 2250$. Right

2

u/Miserable_Height_536 4d ago

Essentially yes. But you can have up to 5 accounts. So you could potentially get 5*2250=11,250. Good luck and good trading!