Glossary / Glossary term
Payout cycle
The payout cycle sets when a funded trader can request a reward: the first request after a set number of days, then at a fixed interval.
Rewards on a funded account are requested on a schedule, not at any time.
The cycle here
The first request opens 14 days after the funded account starts, and the next ones every 14 days. The dashboard shows the next date you can request.
What a request needs
- your share above the minimum of $50;
- a best day within the consistency limit for the payout window;
- verified identity, two-factor authentication and a confirmed bitcoin address.
A request deducts the amount from the balance and from the day's anchor at once, so a payout never counts as a loss. After the review, the reward is sent in bitcoin on-chain. How payouts in bitcoin work covers each step.
Related
- Profit splitThe profit split is the share of a funded account's simulated profit that the trader receives as a reward when a payout is requested.
- How payouts in bitcoin workA prop firm that pays in bitcoin: when you can request a reward on a funded account, how much it can be, what is checked and how it is paid.
- Payout terms