What is the 50% payout rule?
The 50% Payout Rule Explained:
When you request a payout , one single trading day's profits cannot exceed 50% of the total profits accumulated.
Please see the following example of a trading week:
Monday P/L | Tuesday P/L | Wednesday P/L | Thursday P/L | Friday P/L | Weekly Profit |
---|---|---|---|---|---|
+$75 | -$40 | +$480 | +$140 | -$35 | +$620 |
As you can see, the total profit made this week was $620.
The 50% payout rule means that upon a payout request, we cannot send profits from single trading days where the profit recorded was higher than half of this amount. ($310)
This means that until more profit is genarated on this account, the profit from Wednesday which is higher than $310, would remain in the trading account until the total profit reaches at least twice this amount. ($960)
Here is another example:
Updated on: 28/08/2024