Profit Info and Withdrawals
How are my profits taxed?
Funded traders are considered independent contractors, and your share of the trading profits is considered ordinary income. Please consult your country’s laws for matters of taxation.
Profit Split
Receive a generous 90% profit split, with the majority going to the trader, based on your account choice during your evaluation.
Funded traders keep 100% of their first $10,000 of profits for the 90% split option.
Withdrawal Threshold
In order to allow a true chance for success, limit your risk of drawdowns during withdrawals, and secure the longevity of your trading account, traders must adhere to the withdrawal thresholds to be eligible for withdrawals.
$25,000 |
Withdrawal Profit Threshold $1,500 |
$50,000 |
Withdrawal Profit Threshold $2,500 |
$100,000 |
Withdrawal Profit Threshold $3,500 |
$150,000 |
Withdrawal Profit Threshold $5,000 |
$250,000 |
Withdrawal Profit Threshold $5,500 |
Example from the above:
A trader is funded with an account size of $100,000 with a 90% split option.
On day 5, he accumulates $6,500 in profits on the account; the trader will be eligible for a withdrawal amount of $3,000 since the threshold for that account size is $3,500.
On day 8, the account balance is now at $109,500; the trader will be eligible to withdraw an amount of $6,000 above the threshold value of $3,500.
Withdrawal Process
To request a profit withdrawal, all you have to do is send an email to your funding provider with the amount you wish to withdraw. It will be processed on the same day as long as the withdrawal threshold has been met. It's that straightforward!
Withdrawal requests are subject to a minimum transfer amount of $1,000 of the trader's profit share. Withdrawals can be processed via Bank Wire or Cryptocurrency. You may request a withdrawal any time between Monday and Friday.
Withdrawals may post to your account within 1-2 business days (Refer to your banking institution for posting times).
The funding company will have the right to ask you to withdraw funds from the account under certain circumstances.
Example (90% Split):
Withdrawal Request of $4,000
Trader's Share* 90% x $4,000 = $3,600
Funding Partner Share 10% x $4,000 = $400
Cryptocurrency Withdrawals
To request a withdrawal, simply send an email to your funding provider with the following information:
- Wallet Address
- Crypto Name (BTC or USDT)
- Network Type (Ethereum, Tron, BSC)
- Withdrawal Amount
You can request a profit withdrawal anytime from Monday to Friday, and it will be processed on the same day. Please note that crypto payments will attract a 5% fee charged by the payment processor.
IMPORTANT NOTE!
Please make sure to select the correct network type of the crypto you are requesting payment for; otherwise, funds will be lost. Crypto transactions cannot be reversed or canceled once sent due to the irreversible nature of blockchain transfers.
OneUp Trader and its funding partners are not responsible and will not be held liable for any mistakes you make while providing your Wallet Address and specifying the network type to process your withdrawals. You are solely responsible for providing the correct information and managing your crypto account and its access.
*Trader's share is subject to a minimum transfer amount of $1,000.
