What are the payout caps per program?

Modified on Mon, 5 Oct at 12:20 PM

Traders may request up to 50% of their overall account profit in each payout cycle, subject to the maximum payout cap for that cycle. The amount requested cannot exceed either 50% of the account’s total profit or the applicable cycle cap, whichever is lower.

Payout Cycle

Preprop Program*

Prop Program

Cycle 1

$1,000

$2,000

Cycle 2

$1,000

$2,000

Cycle 3

$1,000

$2,000

Cycle 4

$1,500

$2,500

Cycle 5

$1,500

$2,500

Cycle 6

$2,000

$3,500

Cycle 7+

$3,000

$5,000

*Preprop accounts must be in the Prop step to be payout eligible

Example: If a trader in the Preprop program has $3,000 in overall account profit during Payout Cycle 1, 50% of the profit would be $1,500. However, because the Cycle 1 Preprop payout cap is $1,000, the maximum payout request would be $1,000.

If the same trader had $1,200 in overall account profit, 50% would be $600, so the maximum payout request would be $600.

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