Even though FCT Funded Traders trade with fictitious capital only, they are entitled to obtain a reward in the form of real money if they can generate “profit” on their Simulated Funded Account. Meaning if they are able to trade the fictitious capital in a way that is profitable, proving their skills and the value of data provided in the process, they will receive a reward.
The Profit Share on an FCT Funded Account is done on a bi-weekly basis by default, with the option to place a payout on-demand on accumulation withdrawal request. (period after 14 calendar days from the first placed trade on the account).
Please note that all subsequent withdrawals can be requested biweekly (14 days) after the date of your first trade following any previous withdrawal.
For example, if a trader starts trading on the 1st of April, the first Profit Share Day will be available on the 15th of April. If the trader made a withdrawal request on 20th of April, and then place a new trade on 25th of April, the subsequent withdrawal can only be requested after 14 days of the new trade, hence 09th of May.
The payouts are processed within 1-2 business days upon confirming the invoice. You can receive your profits by a regular bank wire transfer or cryptocurrencies. We don’t charge any commissions for withdrawals.
You don’t need to score any minimum profit to receive a Profit Share, only just enough to cover the transaction fees* Whatever amount of profit you generate, you are entitled to withdraw 80% of it. If you meet the conditions of Elite Badge Level, you will be entitled to a 90% payout and other benefits.
If you prefer to keep your Profit Share on account to grow and accordingly build up your balance and drawdown buffer, you can do so. However, please note that the 20% split (10% with the Elite Badge Level) will always be deducted.
* Due to imposed fees for payout transfers, there is a minimum closed profit requirement of at least $100 for bank wire and $50 for crypto payouts, to cover the cost of a transaction.