How are my profits taxed?

Funded traders are considered independent contractors and your share of the trading profits are considered ordinary income.  Please consult your country’s laws for matters of taxation.

 

Profit Split

Receive a generous profit split between the trader and the funding partner, ranging between 50% or 80% going to the trader based on your account choice during your evaluation.

Funded traders keep 100% of their first $8,000 of profits for the 80% split option or 100% of their first $5,000 of profits for the 50% split option.

 

Withdrawal Threshold

In order to allow a true chance for success and to limit your risk of drawdowns during withdrawals and to secure the longevity of your trading account, traders are required to 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:

 

Example from above:

On Day 7, the $100,000 account has accumulated $7,500 in profits, the threshold is $3,500 meaning the trader is eligible for a withdrawal of $4,000

 

Withdrawal Process

Withdrawal requests are subject to a minimum transfer amount of $1,000 of the trader's profit share. You may request a withdrawal any time between Monday and Friday, they are processed via Bank Wire only and 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.  

Bank Wire Fees

USA: FREE Same day transfer before 8AM CT
International: FREE Same day transfer before 8AM CT

Example (80% Split Option):

Withdrawal Request of $4,000
Trader's Share* 80% x $4,000 = $3,200
Funding Partner Share 20% x $4,000 = $800

Example (50% Split Option):

Withdrawal Request of $4,000
Trader's Share* 50% x $4,000 = $2,000
Funding Partner Share 50% x $4,000 = $2,000

* Trader's share is subject to a minimum transfer amount of $1,000