What is a payout cycle?
Quick answer
A payout cycle is the regular period after which a funded trader can request a payout, such as every 14 or 30 days. Firms often set a waiting period before the first payout and may require minimum trading days or a minimum profit in each cycle. The cycle determines how often money leaves the firm.
Detailed answer
Payout cycles balance trader expectations with the firm's operations.
Common cycles
- Monthly: simplest for the firm.
- Bi-weekly: a popular middle ground.
- Weekly or on demand: attractive to traders, often an add-on.
Typical conditions
- First payout waiting period, such as 14 days after funding.
- Minimum trading days within the cycle.
- Minimum amount to avoid tiny transfers.
- KYC before the first payout.
After a payout
Many firms reset the account's balance to the starting balance after a payout; others let the account continue from its current level. Define this in your terms, because it affects loss limits.
Example
A trader is funded on 1 June with a 14-day cycle. On 15 June, with $1,800 profit and five trading days, they request a payout and receive 80%, $1,440.
Data for each cycle
On PropExecutor, account reports list every deal with timestamps, so a reviewer can calculate profit within a cycle precisely.
PropExecutor team · Updated
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