Once you are eligible for payouts by following the rules on funded accounts (found here), you can request a payout that adheres to below schedule.
REMEMBER: It is your responsibility to make a wise decision on how much to withdraw in order to leave a large enough buffer between the static drawdown account value and the value your account will be after the withdrawal.
Example for a 100K Gold / Sapphire Funded account:
You have just reached $3,000 in profit. At this point, your trailing drawdown limit has met your starting account value, so it becomes a static drawdown (meaning it does not change). You continue trading over the coming days, while following the funded account rules. You are ready to request a payout. Your current account value now stands at $106,000. You are $6,000 from your static drawdown. You request the maximum initial payout of $2,000. After the payout has been fulfilled, your account value is $104,000. This means you are now $4,000 from your static drawdown.
Payout schedule
|
Payout Request No. |
Minimum # of Trading Days |
Minimum Balance |
Minimum Payout |
Maximum Payout |
|
25K Bronze / Opal (5 contracts) |
||||
|
First |
25* |
$26500 |
$1000 |
$1500 |
|
Second & Third |
10 |
$26500 |
$1000 |
$1500 |
|
Fourth & Beyond |
10 |
$26500 |
$1000 |
No limit |
|
50K Silver / Onyx (8 contracts) |
||||
|
First |
25* |
$52000 |
$1000 |
$1750 |
|
Second & Third |
10 |
$52000 |
$1000 |
$1750 |
|
Fourth & Beyond |
10 |
$52000 |
$1000 |
No limit |
|
100K Gold / Sapphire (12 contracts) |
||||
|
First |
25* |
$103000 |
$1000 |
$2000 |
|
Second & Third |
10 |
$103000 |
$1000 |
$2000 |
|
Fourth & Beyond |
10 |
$103000 |
$1000 |
No limit |
|
150K Platinum / Emerald (16 contracts) |
||||
|
First |
25* |
$154250 |
$1000 |
$2250 |
|
Second & Third |
10 |
$154250 |
$1000 |
$2250 |
|
Fourth & Beyond |
10 |
$154250 |
$1000 |
No limit |
|
200K Diamond / Ruby (20 contracts) |
||||
|
First |
25* |
$206000 |
$1000 |
$2500 |
|
Second & Third |
10 |
$206000 |
$1000 |
$2500 |
|
Fourth & Beyond |
10 |
$206000 |
$1000 |
No limit |
*By achieving a daily consistency rate of 10% or better (calculated solely on your funded account), you can be eligible for your first payout in as little as 15 trading days.
Payouts are processed on the 6th of each month. Therefore payouts MUST be requested between the 1st and 5th of each month. If you send a request for a payout outside of the request time period (1st-5th), your request will be ignored. BEFORE requesting a payout, you must have already qualified for a payout (minimum trading days, account balance, etc.).
Internal Funding Test is seeking traders who strive to be consistently profitable in the paper trading environment. This means you must trade with a sound trading plan with reasonable money management. FCM_COMPANY_NAME reserves the right to deny you any services or compensations if you do not follow these general criteria or if you attempt to abuse FCM_COMPANY_NAME’s services. This includes, but is not limited to, achieving a few large windfalls with max available contract sizes and then trading 1 micro contract for the rest of the qualification or funded account payout period.
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