Funded traders are classified as independent contractors, and rewards earned from trading are treated as ordinary income. It is advisable to consult the tax laws applicable in your country for specific information regarding taxation.
Enjoy a favourable reward split rate of 95%, with most rewards allocated to the trader.
Additionally, funded traders retain 100% of their first $8,000 in rewards. The 95% split applies only to rewards beyond that amount.
To ensure a genuine opportunity for success, mitigate the risk of drawdowns during withdrawals, and safeguard the longevity of your trading account, traders must meet specific withdrawal conditions before being eligible to withdraw rewards.
1. Withdrawal Threshold – The threshold is set at 3% of the account size plus $100.
2. Minimum Reward Requirement – A withdrawal can only be requested once the trader has achieved at least 8% in rewards on their performance account.
3. Minimum Trading Days – The trader must have at least 4 trading days in the performance account before making a withdrawal request.
4. Minimum Profitable Days – At least 4 of the trading days must be profitable, meaning that on each of those days, the trader must have gained at least 0.5% of the account size.
Let's consider a trader with a $100,000 performance account:
Additionally, the trader must have at least 4 completed trading days. To make a withdrawal, 4 days must have been profitable with a daily gain of at least 0.5% of the account size ($500 for a $100,000 account).
These conditions are in place to encourage consistent and responsible trading while ensuring the long-term sustainability of performance accounts.
1.) What is the minimum payout amount?
The minimum payout request is $1,000 (Futures) and $500 (CFDs)
2.) Are there payout limits on funded accounts?
Yes. For the first four (4) approved payouts per funded account, payout caps apply based on the account size. These payout caps increase by 10% with each approved payout, up to the fourth payout. Any profits above the applicable cap remain in the account and may be requested in future payout cycles, subject to eligibility requirements.
3.) What are the payout caps for the first 4 payouts?
$10,000 account: up to $900
$25,000 account: up to $1,500
$50,000 account: up to $2,000
$100,000 account: up to $2,500
$150,000 account: up to $3,000
$250,000 account: up to $3,500
Any profits above the cap remain in the account and can be withdrawn in future payouts.
4.) What happens after the 4th approved payout?
From the 5th approved payout onward, payouts become fully uncapped. All standard eligibility and risk management rules continue to apply.
5.) What is the profit split?
Traders receive 100% of profits until $8,000 in cumulative payouts per account. After $8,000, the profit split becomes 95% trader / 5% firm.
6.) Do profit split rules change after payouts become uncapped?
No. Even after payouts are uncapped, the same profit split structure and risk rules remain in effect.
To request a withdrawal, use the request button available on your dashboard. Once the withdrawal threshold is met, the Request Button will automatically appear and become accessible.
Withdrawal requests must meet a minimum transfer amount of $500, representing the trader's reward share. (Please note that there needs to be a minimum of $100 safety net above the withdrawal threshold limit once a reward request has been made.)
Withdrawals can be executed through Bank Wire, PayPal, and Cryptocurrency (USDT – Tron Network). Reward requests can be submitted at any time; they are processed within 48 hours and may take up to five business days to arrive.
Traders need to ensure their receiving account can accept USD payments when requesting a reward via wire transfer. If a reward is returned to 4Proptrader due to one's bank account incompatibility with USD, a second reward will be issued with a $100 fee deducted to cover administrative costs.
When updating your billing information, ensure that all required fields are completed accurately and reviewed thoroughly to prevent errors.
If incorrect billing details are provided and funds fail to reach your bank account, 4PropTrader will not be held liable.
Always double-check that you have entered the correct wallet address before initiating any cryptocurrency transaction. Since these transactions are irreversible, errors can result in a permanent loss of funds.
4PropTrader is unable to retrieve or refund funds sent to incorrect wallet addresses. By submitting a crypto reward request, you accept full responsibility for verifying the accuracy of the wallet information provided.
Note:Customers are solely responsible for paying any applicable gas fees related to the transaction.
To ensure that reward requests are processed successfully, your performance account must be active at the time the request is submitted. Requests from accounts that are deactivated or breached due to violations will be declined.
For instance, if a reward request is made and the account is later disabled for violating trading rules before processing is complete, the reward request will not be approved.