Glossary / Glossary term
Profit split
The profit split is the share of a funded account's simulated profit that the trader receives as a reward when a payout is requested.
On a funded account, the profit split decides how much of the profit since the last payout you receive.
The split here
80% of the simulated profit since the last payout on Classic 1-Step, and 80% on 2-Step. An add-on bought with the challenge can raise it; the challenges page shows the add-ons and the rule each one changes.
Limits on the amount
- one payout is capped at 5% of the starting balance ($500 on a 10K account);
- the lifetime cap per funded account is $100,000;
- the minimum request is $50.
The reward is a payment under the trader agreement from the firm's revenue, paid in bitcoin. It is not a trading profit from real capital.
Related
- Payout cycleThe 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.
- Funded accountA funded account is the simulated account you trade after passing the evaluation; it keeps the loss limits and lets you request rewards.
- 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.