How does the payout system work for the Fundead accounts? ( 1 & 2 step models )

A trader can request a payout every two weeks after the first executed trade on the Funded account. There will be an 80% profit split applied.

The minimum amount for a payout is 1% of the initial balance, including our split, and the maximum is 10%. Payout processing takes between 24 and 72 business hours. Please note that Saturday and Sunday are non-working days.

Please note that the payment processing time is counted starting from the day after the payment request is made. For example, if you request a payment on Monday, the first business day for your request will be Tuesday, Wednesday will be the second day, and Thursday will be 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.