Performance fees on qualified trader accounts are processed as follows:
Requests are available bi-weekly, starting 14 days after your initial trade on your qualified trader account. You can find this date in the account metrics section of your trader's dashboard
The minimum performance fee amount is $100. ($100 gross - $80 net)
To qualify for a withdrawal, a minimum profit of $100 must be realized on the account
To request performance fees, please use the dashboard
This can be located on the Profile > Payout tab
All performance fee requests will be processed and paid within 2 business days
Example: If a request is made on Tuesday, your performance fees will be paid on or before Thursday close of business.
For your first performance fee request, a minimum of 5 trading days is required
Note, for a trading day to be considered, a trade must be opened and closed on the same day.
The use of minimal lots to pass trading days on a qualified account is not allowed, as it defeats the purpose of the 5-trading-day period.
Example: If you typically trade 20 lots, using 0.02 lots would not be valid. However, reducing to 5 lots would count, provided the trade duration is similar to your past trades.
For your performance fee bonus request (on your 4th successful withdrawal), please state in the Reason section that this is your 4th withdrawal and that you would like to receive it
Ensure that all trades are closed on your account when making a request
You can resume trading once the account balance has been reset to the starting balance
Payment Methods
We offer multiple methods to pay your performance fees
Rise - https://www.riseworks.io/
Wise - https://wise.com/
WIRE (Bank Transfer)
Crypto currency
We do not facilitate withdrawals through cryptocurrency due to its lack of regulatory oversight, which contravenes our compliance standards.
However, you may execute cryptocurrency withdrawals through Riseworks, one of our authorized third-party payment service providers.