How does the payout system work for the Funded accounts?

2 min. readlast update: 12.01.2024

The trader can request a payout every 15 or 30 days (optional) after the first completed transaction on the Funded account. An 80% profit split will be applied in favor of the trader.

The minimum payout amount is 1% of the initial balance, including our split, and the maximum is 10%. Payment processing takes from 5 working days. Please note that Saturday and Sunday are non—working days.

Please note that the payment processing time is counted from the day following the day of submitting the payment request. For example, if you request payment on Monday, the first business day for your request will be Tuesday, Wednesday is the second day, and Thursday is the third business day.

Example 1:

A trader on a $100,000 account made a 10% profit, receiving $8,000, and the account resets to $100,000. (10000$ / 80% = 8000$)

Example 2:

A trader on a $100,000 account made a 15% profit, receiving $10,000, but the maximum profit the trader can receive is 10%, so the payout would be capped at $10,000.

The trader starts with an account balance of $100,000.

  1. The trader makes a profit of 13%. This means their total profit is: 100,000 * 13% = $13,000
  2. According to the conditions, the maximum profit the trader can receive is 10% of the initial account balance, which is: 100,000 * 10% = $10,000 .
  3. Since the maximum profit is capped at $10,000, but the trader made $13,000 in profit, they will receive only $10,000.
  4. After the payout of $10,000, the account resets to the starting point of $100,000.

 

 

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