How can I withdraw my profits?

Definitions:
1. Trading Day: A day when at least one trade was made. If the Trader has engaged in prohibited activities, the requirement for Trading Days will be replaced by a requirement for Win Days.

2. Win Days: A day when the net balance of the account at the close of the Trading Day increased by $200 or more compared to the balance at the start of the day. For Mini accounts, a Win Day is defined as a day when the net balance increased by $50 or more.

Brief Information:

• There are two levels of withdrawal requests:
  • Level 1 allows withdrawals up to 50% of the available amount (but not less and not more than the allowed withdrawal limits) and requires 5 Trading Days and to meet the Consistency Target rule per request.
  • Level 2 allows withdrawals up to 100% of the available amount (but not less and not more than the allowed withdrawal limits). It is unlocked after accumulating 30 Win Days, and requires 5 Trading Days and to meet the Consistency Target rule per request thereafter.
  • Both levels substituting Trading Days with Win Days if prohibited activities are detected.
• Initial limits for each withdrawal request size for account during the first three calendar months of withdrawals (not necessarily consecutive):
  • The minimum withdrawal request amount is $250
  • The maximum withdrawal request amount is $5,000.
• On the first withdrawal request, the Max Trailing Drawdown becomes equal to $0 (initial account balance).

Withdrawal Conditions

Minimum Requirements:
Initial limits for each withdrawal request size for account during the first three calendar months of withdrawals (not necessarily consecutive):
- The minimum withdrawal request amount is $250
- The maximum withdrawal request amount is $5,000.
After three months of withdrawals from the account, the Trader may request a review of the withdrawal request size. Review requests will be evaluated based on the average withdrawals and account details.

There are two levels of withdrawal requests:
Level 1: Up to 50% of the available amount (but not less and not more than the allowed withdrawal limits).
    - To qualify for each Level 1 withdrawal request, the Trader needs to accumulate 5 Trading Days and meet the Consistency Target rule.
    - If the Trader has engaged in prohibited activities, the requirement for Trading Days will be replaced by a requirement for Win Days.

To unlock Level 2 withdrawal requests, the Trader needs to accumulate 30 Win Days. After accumulating 30 Win Days, the Trader can make a Level 2 withdrawal request.

Level 2: Up to 100% of the available amount (but not less and not more than the allowed withdrawal limits).
    - Once Level 2 is unlocked, To qualify for each Level 2 withdrawal request, the Trader needs to accumulate 5 Trading Days and meet the Consistency Target rule.
    - If the Trader has engaged in prohibited activities, the requirement for Trading Days will be replaced by a requirement for Win Days.

Engaging in trades solely to fulfill Trading Day requirements may constitute a violation of prohibited activities and lead to a review of withdrawal requirements, with a Trading Day being replaced by a requirement for Win Days.

During holidays, a Trading Day or Win Day can encompass the results of two calendar days if trading is suspended (Halt), and clearing is done only at the close of the market the following day.

Withdrawal methods: 

Transfer to a bank account via SWIFT or SEPA (for IBAN accounts), PayPal.

Account Balance and Closure:
If the remaining balance of the account is less than $100 after a withdrawal request, the account will be closed. To keep the account open after withdrawal, the minimum remaining balance must be at least $100.

Maximum Trailing Drawdown:
If the Maximum Trailing Drawdown is not equal to $0 (the initial balance of the account) and the trader makes the first withdrawal, then the Maximum Trailing Drawdown will become equal to $0 (the initial balance of the Funded session account) and the remaining profit on the account will become the maximum loss limit the trader can incur.

Withdrawal Procedure

First Request: Before sending a request, please ensure that your account has 5 Trading Days (or Win Days in case Win Days were applied instead of Trading Days) and met the Consistency Target rule before submitting a withdrawal request, or else your application will be rejected due to non-fulfillment of the conditions.

Subsequent Requests: Before submitting a request, please ensure that since the last fulfilled withdrawal request, an additional number of days have been traded on your account and the Consistency Target rule has been met.

Submitting the Request:
You can request a withdrawal by sending a request specifying the account number (e.g., F123456) and withdrawal amount to the email support@lmitrade.com. After sending the request, you will receive a notification with the withdrawal date when the requested amount will be deducted from your current trading account balance. If multiple withdrawal requests are submitted from different accounts, they may be processed sequentially.