Articles on: Fund Settlements

How does the payout work?

Your profits will be paid after you have made a profit of 10%. The payment schedule will be weekly, and you will receive a payout of 10% of your profit from your current capital. Any profit left over will be added to your new increased balance as a new profit.

For example, if you have a starting capital of $15,000 and hit 10% profit, you will receive a payout and the profit will be split 50/50. The new balance will be $22,500, and you will receive another payout when you hit another 10% of the new balance.

As you progress and reach level 5 with a funding balance of $125,000, you will receive 70% of the profit split instead of the initial 50%.

To request your payout, kindly complete the form at www.fundyourfx.com/payout. It's important to note that there is a specific deadline for submitting your payout request.

The deadline is Friday at 8 AM UK Time. If you miss this deadline, your payout will not be processed until the following Friday.

After the payout request deadline, FundYourFX will check all the payout requests and perform an account scale-up until 5 PM UK Time on Friday. If your payout request was checked and approved, an invoice would be sent to the Finance Department on Monday at 8 AM UK Time for payment processing.

For the first payout, please note that it may take a bit longer since we have to onboard the trader in our payment system.
Once your account is set up, subsequent payouts should be processed more quickly. We appreciate your patience and understanding during this process.

It's also important to keep in mind that the processing time for payout requests may vary depending on the bank you use. Different banks have varying internal processes, and there may be intermediary banks involved in the transaction.

Additionally, payouts can take up to 10 working days to be processed due to global trader locations, banking regulations, and weekends when banks are closed. It’s recommended to allow sufficient time for the payout to be processed and received in your account.

To ensure the timely processing of your payout, be sure to submit your payout request by Friday at 8 AM UK Time.
This will help ensure that your payout is processed as quickly and efficiently as possible.

Updated on: 09/05/2024

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