Every payout moves the line. Your next payout has to be earned from the balance the last one left behind, not from your starting balance. Both of these must be true at the same time:
- Your closed balance is above your starting balance plus the locked buffer, where your experiment has one, by at least the minimum payout, exactly as for your first payout.
- Your closed balance is at least the balance left right after your previous payout, plus the minimum payout.
The other gates still apply: no open position and no working order, the payout cadence counted from your last payout, and the minimum number of trading sessions where your experiment has one.
On Classic Agile 25K each payout also needs 5 sessions of $100+ since the last one, and one payout is at most 50% of your profit at the time you ask. After 4 payouts no further request opens, and Phoenix decides case by case whether the account is closed or moved to live.
Blueprint 25K pays out daily and follows the daily lock-in instead: what counts there is the profit that has already unlocked.
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