Monthly Trading Requirement for Withdrawals
Minimum Trading Days: Traders must complete 10 active trading days within each calendar month to qualify for a withdrawal.
Definition of Active Trading Days: An active trading day is defined as any day the trader executes at least one trade.
Side note: Active trading days will still apply for following our consistency rule.
Partial Monthly Qualification: If a trader meets the 10-day requirement by the 15th of the month, they are eligible for a mid-month withdrawal. Otherwise, they must continue trading to complete 10 days by month-end to qualify for a withdrawal on the 30th.
Adherence to Consistency and Drawdown Rules
Consistency Rule Compliance: Traders must adhere to the Consistency Rule, ensuring no single trading day’s profits exceed 40% of total monthly profits.
Drawdown Limits: Daily and total drawdown limits must not be breached. Failure to comply will disqualify traders from withdrawing funds for that period and reset eligibility requirements.
Withdrawal Scheduling Based on Monthly Compliance
Twice-Monthly Payout Eligibility:
1st Payout (15th of the Month):
Traders must meet the 10-day minimum trading requirement and adhere to all rules from the 1st to the 14th to qualify.
2nd Payout (30th of the Month):
Traders must meet the 10-day minimum from the 15th to the 29th or, if not yet qualified for that month, complete the 10-day minimum by month-end.
Example: If a trader reaches 10 days by the 14th, they can withdraw on the 15th. If not, they must continue trading until reaching 10 days before the 30th.
Rolling 30-Day Period for Consistency Evaluation
Evaluation Period: The trading performance is evaluated over a rolling 30-day period, rather than by calendar months, to provide flexibility in payout qualification. This ensures that the trader’s last 30 days of activity are consistently reviewed, promoting steady performance across time.
Scaled Profit Split Increase for Continuous Compliance
Standard Profit Split: Upon initial funding, traders receive an 80% profit split unless they opted for the 95% add-on at checkout.
Increase Incentive: If traders maintain compliance (adhering to the 10-day rule, Consistency Rule, and drawdown limits) for three consecutive payout periods, they are eligible for an increased profit split of 85%.
Further Loyalty Bonus: After six consecutive compliant months, the profit split increases to 95%.
Reasoning: This incentivizes continued compliance and responsible trading, rewarding consistent performers with higher earnings.
Suspension and Reset of Withdrawal Eligibility
Violation Penalties: If a trader breaches the Consistency Rule or drawdown limits, withdrawal eligibility is suspended until the following month. They must then meet the 10-day minimum requirement to reinstate eligibility.
Reset after Penalties: After one full compliant month, traders regain their regular withdrawal privileges, allowing a fair opportunity for regaining eligibility.