Plane Payouts by Tradeify: Alternative Payment Method Complete Guide

I've used Plane Payouts exactly once in 19 Tradeify withdrawals. It wasn't by choice. Rise Pay was having API issues for about 36 hours in November, announced in Tradeify's Discord, and my payout got automatically routed through Plane instead.

The process took 6 days from Tradeify approval to money in my bank account. Not terrible, but noticeably slower than Rise's typical 24-48 hours. The money arrived correctly, no fees deducted, and the transfer showed up as "Tradeify Holdings Corp" on my bank statement.

Here's what most traders don't understand: Plane isn't Tradeify's primary payment processor. It's the backup system for situations where Rise doesn't work—either because you're in a state or country where Rise isn't available, or because Rise denied your application for some reason, or because technical issues prevent Rise processing.

This guide breaks down exactly how Plane works, when you'd use it versus Rise, the setup process, processing timelines, fees, and whether Plane's monthly payout windows actually matter for your trading strategy.

Quick heads-up: This article is based on my real experience with Tradeify and the info available when I published/updated this. Things change in prop trading — rules, payouts, promos, all of it.

For the absolute latest, check Tradeify´s website or their help center.

What Plane Payouts Actually Is

Plane is a payment infrastructure platform designed specifically for global contractor payments. Think of it like a business-focused version of PayPal or Wise, but built for companies paying international workers and contractors at scale.

Tradeify uses Plane as their alternative to Rise Pay. When Rise can't process your payout for any reason, Tradeify offers Plane as the fallback option. The key difference: Plane operates through traditional bank-to-bank transfers instead of a digital wallet system like Rise uses.

The technical architecture matters more than it sounds. Rise creates a digital wallet where your funds sit until you withdraw them. You have control over when and how to move money from that wallet. Plane doesn't use wallets at all. When Tradeify approves your payout through Plane, they initiate a direct bank transfer from their business account to your personal bank account. No intermediary holding period, no wallet interface, just straightforward wire or ACH transfer.

This makes Plane slower but also more universally compatible. Banks that might have issues connecting to Rise's API can receive Plane transfers without problems because Plane uses standard banking protocols that have existed for decades.

When You'd Use Plane Instead of Rise

Most Tradeify traders never touch Plane because Rise works fine for them. But several situations force you toward Plane.

Rise isn't available in your state or country. While Rise supports 50-plus countries and all US states, there are exceptions. Some states have additional financial regulations that prevent Rise from operating there (typically related to money transmitter licenses). International traders in certain countries can't access Rise due to local banking restrictions or compliance issues.

Your Rise application got denied during KYC verification. This is rare, but it happens. Rise's automated verification system might flag your documents for manual review, and if their compliance team can't verify your identity to their satisfaction, they reject the application. I've only seen this twice in Discord discussions, usually involving mismatched names between government ID and bank account or expired documents submitted repeatedly.

Rise is experiencing technical issues. Like my November experience, sometimes Rise's API goes down for maintenance or encounters bugs. When this happens, Tradeify temporarily routes payouts through Plane until Rise comes back online. These outages are uncommon—I've seen two in 14 months of active trading.

You prefer traditional banking over fintech platforms. Some traders just don't want to deal with digital wallet systems, cryptocurrency options, or newer payment processors. Plane feels more familiar because it's just a bank transfer that shows up in your checking account like any other wire or ACH deposit.

You're transitioning to Tradeify Elite Live status and hit payout processing complications. Once you reach Live accounts, payment routing sometimes gets more complex as Tradeify adjusts their backend systems. Plane can serve as a stable fallback during that transition period.

The vast majority of Tradeify traders use Rise exclusively. I estimate 90-95% of payouts go through Rise based on Discord discussions and Tradeify's own guidance. Plane exists for the edge cases where Rise doesn't work.

How to Set Up Plane Payouts

Plane setup happens through Tradeify support, not through self-service like Rise. This adds friction but also means you get human assistance through the process.

The first step involves contacting Tradeify support to request Plane activation. You can't just choose Plane from a dropdown menu in your dashboard. You need to explicitly tell Tradeify why you need Plane. Reach out via Discord (fastest response, usually under 2 hours), email to support@tradeify.co (12-24 hour response), or submit a support ticket through your dashboard (24-48 hour response).

When you contact them, explain your situation clearly. If Rise isn't available in your region, mention your specific state or country. If Rise denied your application, provide context about what happened. If you simply prefer Plane over Rise, that's also fine—just say so. Tradeify support doesn't interrogate you, they just need to understand which payment path to route you through.

After you request Plane, Tradeify's finance team initiates a manual setup process that takes about 1 week for initial verification. This is slower than Rise's self-service setup (which takes 30-60 minutes active time), but it only happens once.

The verification process requires you to provide bank account details directly to Tradeify. They'll ask for your bank routing number (9 digits for US banks), your account number, the account holder name (must exactly match your verified Tradeify identity), and your bank's full name and address. For international traders, they'll need SWIFT/BIC codes and IBAN numbers depending on your country.

Plane performs KYC verification similar to Rise but handled through Tradeify's interface instead of a third-party platform. You'll upload a government-issued ID (passport, driver's license, state ID), proof of address dated within 90 days (utility bill, bank statement, lease agreement), and possibly additional documents if you're trading through an LLC or business entity.

The identity verification typically takes 3-5 business days for US traders, 5-10 business days for international traders. Once verified, Plane sends test deposits to your bank account—usually two small deposits under $0.50 each. You confirm the exact amounts to verify you control the account.

After you confirm the test deposits, your Plane payout method is fully activated. Future payouts route through Plane automatically when you request them, assuming you haven't also set up Rise as an alternative.

Plane Processing Timelines and Expectations

Plane is consistently slower than Rise. There's no way around this—it's the trade-off for using traditional banking infrastructure.

The full payout timeline through Plane breaks down into several stages. You request a payout in your Tradeify dashboard, same as you would with Rise. Tradeify reviews and approves the request within their standard 24-48 hour window during business hours (Monday-Friday, 8 AM-5 PM ET). This approval stage is identical regardless of whether you're using Rise or Plane.

After Tradeify approves your payout, they manually initiate the bank transfer through Plane's system. This isn't automatic like Rise's wallet transfer. A human at Tradeify needs to queue up the payment in Plane's platform. This manual step adds 0-24 hours to the process, usually happening same business day if approved early enough.

Plane then processes the bank transfer through their banking partners. For domestic US transfers, this takes 3-5 business days using standard ACH processing. For international wire transfers, it takes 5-7 business days depending on the receiving country and correspondent bank routing.

Here's my actual timeline from that November payout: Requested Thursday 3:15 PM ET, Tradeify approved Saturday 10:20 AM ET (weekend processing, surprisingly fast), Plane transfer initiated Monday 11:40 AM ET (manual process couldn't happen over weekend), funds arrived in my bank account Friday 9:35 AM ET following week. Total elapsed time: 8 calendar days from request, 6 business days from approval.

Compare that to my typical Rise timeline: requested Thursday 2:37 PM, approved Friday 8:23 AM, Rise wallet funded Friday 8:23 AM, withdrew to bank Friday 8:45 AM, arrived Monday 11:14 AM. Total elapsed time: 4 calendar days, 3 business days from approval.

The difference matters if you're relying on payout income for living expenses or if you want to use payout money to buy additional evaluations or reset failed accounts. Slower processing means your money is tied up longer.

The Monthly Payout Windows System

This is where Plane gets annoying compared to Rise. Plane only processes payouts during specific windows each month: the 1st through 4th, the 11th through 14th, and the 21st through 24th.

Let's say you request a payout on February 7th. Tradeify approves it on February 8th. Normally with Rise, your money would be available February 9th or 10th. With Plane, the transfer won't initiate until February 11th when the next processing window opens. You're waiting an extra 3 days just because of the calendar.

Now add the 3-5 business day bank transfer time on top of that window delay. Your February 11th initiated transfer arrives February 16th-18th. Total time from February 7th request to February 16th arrival: 9 days minimum.

The windows exist because Plane batches contractor payments to reduce transaction costs and banking fees. Instead of processing individual transfers continuously, they collect all pending payments and execute them in bulk three times per month. This makes sense from Plane's business operations perspective, but it's frustrating for traders who want immediate access to their money.

I've seen traders in Discord complain about hitting the end of a window by one day. Request payout February 4th at 6:00 PM, Tradeify approves February 6th. The February 1st-4th window already closed, so Plane doesn't process until February 11th-14th window. That's a 5-8 day delay purely from window timing.

If you know you're using Plane, time your payout requests strategically. Request payouts around the 1st, 11th, or 21st of the month to minimize window wait times. Avoid requesting payouts around the 5th-10th, 15th-20th, or 25th-31st because you'll miss the current window and wait for the next one.

Plane Fees and Costs

Plane's fee structure isn't clearly published anywhere on Tradeify's site or Plane's site, which is frustrating. Based on my experience and Discord discussions with other traders, here's what actually happens.

For US domestic ACH transfers, there appear to be no trader-facing fees. Tradeify pays the processing costs on their end. The amount you're owed is the amount that arrives in your bank account. My $1,847 payout showed up as exactly $1,847.00 with no deductions.

Your bank might charge receiving fees for incoming ACH transfers, but that's your bank's policy, not Plane's. Most US banks don't charge for incoming ACH, but some smaller credit unions or regional banks do. Check with your bank if you're unsure.

For international wire transfers, fees get more complicated. Plane likely charges Tradeify a flat fee per wire (typically $15-35 for international wires), but whether Tradeify passes that cost to traders isn't documented. Some traders in Discord from Canada and Europe mentioned receiving slightly less than expected, suggesting wire fees might be deducted. However, sample size is too small to confirm.

Currency conversion adds another cost layer. If your bank account is in euros, pounds, or another non-USD currency, someone needs to convert Tradeify's USD payout to your local currency. This conversion happens either at Plane's rate or your bank's rate depending on how the transfer is processed. Forex conversion typically costs 1-3% of the transfer amount through hidden exchange rate markups.

One Canadian trader mentioned receiving $2,800 USD as approximately $3,820 CAD when the mid-market rate would have been $3,850 CAD. That $30 difference (0.78%) represents either Plane's forex markup or their bank's receiving wire fee, possibly both.

For cryptocurrency options, Plane doesn't support them at all. If you want crypto payouts (USDC, Bitcoin, Ethereum), you must use Rise. Plane is bank transfers only.

Compared to Rise's zero trader-facing fees for ACH transfers and minimal gas fees for crypto, Plane is roughly equivalent for domestic US transfers but potentially more expensive for international transfers.

Plane Versus Rise: Direct Comparison

Let me lay out the practical differences based on real usage.

The practical recommendation is straightforward. Use Rise if you can. Only use Plane if Rise doesn't work for you. There's no advantage to choosing Plane over Rise except in situations where Rise isn't an option.

The one exception might be traders who strongly prefer dealing with traditional banks and find fintech wallet systems confusing or uncomfortable. If you're in that category and Plane's slower processing doesn't bother you, it's a viable choice. But you're trading speed and flexibility for familiarity.

How Plane Affects Different Tradeify Account Types

Plane works with all Tradeify account types, but the impact of its slower processing varies depending on your payout frequency.

Select Daily Accounts

Select Daily offers daily payout eligibility once you meet the buffer requirement. Using Plane with Select Daily is counterproductive because the monthly windows completely negate the daily eligibility advantage.

You could theoretically qualify for payouts Monday, Tuesday, Wednesday, Thursday, Friday, but if you're using Plane, you can only actually request and receive payouts three times per month during the processing windows. The daily eligibility becomes meaningless.

If you're on Select Daily and stuck with Plane for geographic reasons, consider switching to Select Flex. You'd get the same practical payout frequency (2-3 times per month) without the frustration of having daily eligibility you can't use.

Select Flex Accounts

Select Flex requires 5 winning days between payouts. Most traders hit this every 2-4 weeks, which aligns better with Plane's monthly windows.

If you're requesting payouts every 2-3 weeks, Plane's windows matter less. You'll naturally fall into one window per payout cycle anyway. The 3-7 day processing time is still slower than Rise, but the window restrictions don't add extra delays because you're not requesting frequently enough to hit multiple windows per month.

This makes Select Flex the most Plane-compatible account type if you're forced to use Plane.

Growth and Advanced Accounts

Growth accounts require 5 trading days between payouts. For traders who trade daily, this means weekly or bi-weekly payout requests. Plane's windows add friction here but don't completely break the model.

You might hit a window perfectly one payout, then miss it by a day the next payout and wait an extra 6-8 days. The inconsistency is annoying, but Growth accounts have enough built-in delay (5 trading days minimum) that adding 3-7 days of Plane processing doesn't ruin the experience.

Lightning Funded Accounts

Lightning accounts have no minimum trading days between payouts. You can request as soon as you hit profit goals. Using Plane with Lightning is frustrating because you lose the on-demand flexibility that makes Lightning attractive.

Lightning's value proposition is immediate funding with fast payout access. Plane's windows and slower processing undermine that. If you're considering Lightning and know you'll need Plane, understand you're sacrificing some of Lightning's main benefits.

Plane and Elite Live Qualification

Reaching Tradeify Elite Live status requires 5 total payouts across all your accounts. The payment method doesn't affect qualification—payouts through Plane count the same as payouts through Rise.

However, Plane's slower processing means each payout takes 6-10 days from request to completion instead of 2-4 days with Rise. If you're trying to reach 5 payouts quickly to qualify for Live status, Plane adds 4-6 days per payout, extending your qualification timeline by 20-30 days total.

For traders in a hurry to reach Live, this matters. For traders taking their time and focusing on consistent profitability rather than speed to Live, it doesn't matter much.

There's an important note about Live accounts specifically. Once you transition to Tradeify Elite Live, Plane becomes unsupported. Live accounts require Rise for payouts. If you're in a region where Rise doesn't work, you won't be able to progress beyond sim funded status.

This is worth knowing before starting evaluations. If you're geographically restricted from Rise, you can get funded on sim accounts and receive payouts through Plane, but you'll never reach Live accounts. That might be fine—sim funded payouts are real money. But if Live trading with real capital is your goal, confirm Rise works in your region before investing time and money into Tradeify evaluations.

Troubleshooting Plane Payout Issues

Most Plane problems trace to timing confusion or bank incompatibility.

The most common issue involves window timing confusion. Traders request payouts expecting 3-day processing like they've heard about Rise, then get frustrated when it takes 10 days. The delay is usually explained by missing a processing window. If you requested February 5th and the next window opens February 11th, you're automatically waiting 6 days before Plane even initiates the transfer.

Solution: Check the calendar before requesting. If you're between windows (5th-10th, 15th-20th, 25th-31st), wait a few days until the next window opens unless you're okay with the extended timeline.

Missing or rejected test deposits happen during initial setup. Plane sends two small deposits (usually $0.13 and $0.27 or similar amounts) that you need to confirm. If you miss them in your transaction history or enter the wrong amounts, verification fails.

Solution: Check your bank account daily for 3-5 days after requesting Plane setup. The deposits often show as "Plane Payouts Verification" or "Tradeify Test Deposit" in your transaction description. Write down the exact amounts and confirm them through Tradeify support.

Bank account name mismatch causes verification failures. Your bank account holder name must exactly match your verified Tradeify identity. If your Tradeify account is under "Robert Smith" but your bank account is "Bob Smith LLC," verification fails.

Solution: Use the exact legal name on your government ID for both Tradeify and your bank account. If you trade through an LLC, verify the business is properly registered with Tradeify before trying to link a business bank account.

International wire routing issues occasionally cause delays or failed transfers. If you're outside the US and your bank requires specific intermediary banks or correspondent bank routing, Plane's automated system might not handle it correctly.

Solution: Provide complete international banking details including SWIFT/BIC codes, IBAN, intermediary bank information if required, and your bank's full address. Contact Tradeify support if your first transfer attempt fails—they can work with Plane to route it manually.

Transfer amount discrepancies sometimes occur with international payouts. You requested $2,000 but received $1,965 after conversion and fees.

Solution: Factor in a 2-4% loss for international transfers. If you need exactly $2,000 to arrive, request $2,080-2,100 to cover forex conversion and wire fees. Track actual received amounts for your first few payouts to understand the real cost percentage for your specific bank and country.

Whether Plane Makes Sense for Your Situation

Let me be direct about when Plane is the right choice versus when you should fight to make Rise work.

Use Plane without hesitation if Rise is geographically unavailable to you. Some states and countries simply can't access Rise due to regulatory restrictions. If you're in that situation, Plane is your only option besides not trading with Tradeify at all. The slower processing is worth it to actually receive payouts.

Use Plane if Rise denied your KYC application and Tradeify support confirms you're eligible for Plane. This is rare, but if it happens, don't waste time fighting Rise's decision. Move to Plane and get paid.

Consider Plane if you're uncomfortable with fintech platforms and digital wallets, but only if you're on Select Flex or Growth accounts where payout frequency naturally aligns with Plane's monthly windows. On Select Daily or Lightning, the speed sacrifice is too large.

Try to make Rise work if you're in a Rise-supported region and your KYC can pass their verification. The speed and flexibility advantages are substantial. If your first Rise application failed due to bad photos or expired documents, fix those issues and reapply rather than defaulting to Plane.

Don't use Plane if you plan to pursue Elite Live status and you're in a Rise-restricted region. You'll hit a wall when trying to transition to Live accounts. Save yourself the frustration and either find a way to access Rise or choose a different prop firm.

For most traders, Rise is objectively better. Plane exists to fill gaps where Rise doesn't work, not to compete with Rise as a primary option.

FAQ

When would I need to use Plane instead of Rise for Tradeify payouts?

You'd use Plane if Rise isn't available in your state or country due to regulatory restrictions, if Rise denied your KYC application after multiple attempts, if you prefer traditional banking over fintech platforms, or during temporary Rise technical outages. About 5-10% of Tradeify traders use Plane, usually due to geographic limitations rather than choice.

How long do Plane payouts take compared to Rise?

Plane takes 6-10 calendar days from payout request to bank arrival, while Rise typically takes 2-4 days. Plane's longer timeline comes from manual processing (0-24 hours), monthly processing windows (1st-4th, 11th-14th, 21st-24th only), and slower bank transfers (3-7 business days) compared to Rise's instant wallet funding and faster ACH processing.

Does Plane charge fees for Tradeify payouts?

For US domestic ACH transfers, Plane appears to charge no trader-facing fees—you receive the full payout amount. For international wire transfers, there may be hidden fees ($15-35) and forex conversion costs (1-3%) that reduce your received amount. Your bank might also charge incoming wire fees ($10-25) depending on their policies.

What are Plane's monthly processing windows and why do they exist?

Plane processes payouts only during the 1st-4th, 11th-14th, and 21st-24th of each month. These windows exist because Plane batches contractor payments to reduce transaction costs. If Tradeify approves your payout outside these windows, you wait until the next window opens before Plane initiates the bank transfer, adding 3-8 days of delay.

Can I switch from Plane to Rise after initial setup?

Yes, you can contact Tradeify support to switch payment methods. Many traders start with Plane due to initial setup issues, then switch to Rise once they resolve KYC verification problems. The switch takes 2-3 business days for Tradeify to update your payout routing, and you'll need to complete Rise's separate setup process.

Does using Plane affect my Elite Live qualification with Tradeify?

Plane payouts count toward your 5 total payouts needed for Elite Live qualification the same as Rise payouts. However, once you reach Live status, Plane is no longer supported—you must use Rise for Live account payouts. If you're in a Rise-restricted region, you can receive sim funded payouts through Plane but cannot progress to Live trading.

How does Plane work with Select Daily's daily payout eligibility?

Plane doesn't work well with Select Daily because the monthly processing windows (only 3 times per month) negate the daily eligibility advantage. You could qualify for daily payouts but only actually receive them 3 times monthly. If you're using Plane, Select Flex is a better match since its 5-winning-day requirement naturally aligns with less frequent payouts.

What bank information do I need to provide for Plane setup?

For US banks, provide routing number (9 digits), account number, account holder name exactly matching your Tradeify verification, and bank name. For international banks, provide SWIFT/BIC code, IBAN, bank address, account holder details, and any required intermediary bank information. Plane sends test deposits that you must confirm to complete verification.

Can I receive cryptocurrency payouts through Plane?

No, Plane only supports traditional bank transfers (ACH for US, wire for international). If you want cryptocurrency withdrawals (USDC, Bitcoin, Ethereum), you must use Rise. Plane has no digital wallet or crypto functionality—it's purely a bank-to-bank transfer service.

How do I time my payout requests to avoid Plane's window delays?

Request payouts around the 1st, 11th, or 21st of each month to minimize waiting time for the next processing window. Avoid requesting between the 5th-10th, 15th-20th, or 25th-31st unless you're comfortable waiting 6-8 extra days. Plan your trading schedule so you hit payout eligibility requirements just before windows open.

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