A Live account is not something you buy. You earn it by getting paid on your SIM Funded Accounts. This article shows the steps, the three thresholds, which accounts move to Live and what happens to your other accounts.
The steps
Pass the Evaluation. Reach the profit target without breaking the rules.
Get your SIM Funded Account. Complete KYC and sign the Futures contract.
Build a payout record. Reach one of the three thresholds below.
Risk review. Our Risk team makes the final call.
You choose: go Live or cash out. You have 24 hours.
The three thresholds
Any one of the three is enough.
Threshold | What it means |
5 payouts on one account | Five approved payouts on the same SIM Funded Account. Five is also the most a single account can pay. |
10 payouts in total | Ten approved payouts across all your SIM Funded Accounts together. |
20% profit on one account | Profit equal to 20% of the account size on one account, for example $10,000 on a 50K. |
Eligible is not the same as invited
A threshold makes you eligible.
Our Risk team makes the final call, based on consistency and discipline. The Risk team can also invite you earlier.
The invitation is not automatic.
Only accounts with a payout move to Live
When you are called from SIM Funded to Live, an account needs at least one payout to move. An account that has not received a payout does not move to Live.
Example
You have 5 SIM Funded Accounts, and 4 of them have received a payout.
Those 4 accounts move to Live.
The fifth account does not move to Live.
What happens to an account that does not move
When you are called to Live, the fee of an account that does not move depends on how much of its Max Loss Limit (MLL) is left:
More than 50% of the MLL left: the fee of that account is refunded.
50% or less of the MLL left: the fee is not refunded. The account has already used half or more of its Max Loss Limit.
What happens to your other accounts
When you choose Live or cash out, your SIM Funded Accounts close and your open Evaluations are paused, not closed.
Frequently asked questions
Do I have to go Live?
No. You can cash out instead.
What if I do not answer in 24 hours?
You go Live.
Does a bigger account make it easier?
No. The thresholds work the same on every account size.
Can I be invited before I reach a threshold?
Yes. The Risk team can invite a trader earlier than the thresholds.
What if one of my accounts has no payout?
That account does not move to Live. Only accounts with at least one payout move to Live.
Is the fee of that account refunded?
When you are called to Live, the fee is refunded only if more than 50% of that account's Max Loss Limit is left. With 50% or less left, the fee is not refunded.
Where to go next
What is the Prime Program?
Live or Cash Out: which one do I choose?
Your Live account and the Prime Ladder