Payouts and money

Bank transfer

A payout delivered to a bank account, either domestically through a local clearing system such as ACH or internationally by wire. Wires are faster to arrive and usually carry higher fees.

Chargeback

A payment reversal requested from a card issuer rather than from the merchant. It is a fraud remedy, and using it as a substitute for a refund request is treated as a serious breach by every prop firm.

Crypto payout

A payout delivered in cryptocurrency rather than to a bank account. It settles independently of banking hours and is common among firms paying traders in markets where international wires are slow.

First payout

The earliest date a funded account can request money. What starts the clock differs by firm - purchase, account issue, or first trade - and that choice moves the date by days or weeks.

Minimum withdrawal

The smallest amount a firm will process, or the profit an account must hold before any withdrawal is permitted. The second form is a buffer that has to stay in the account rather than a transaction floor.

Payout

A transfer of the trader's share of eligible virtual profits from a simulated funded account. Payouts are requested on an eligibility date, processed after checks, and paid to the verified account holder.

Payout cycle

The interval between payout eligibility dates on a funded account. It is usually counted in calendar days from a fixed starting event rather than in trading days or calendar months.

Payout denial

A refused payout request. The common causes are a breach recorded before the payout was approved, incomplete identity verification, a mismatch in the receiving account, or trading that broke a conduct rule.

Payout method

How a firm actually sends the money: bank transfer, wire, or a payments provider that offers several rails. The method determines the paperwork, the fees and how long the transfer takes.

Payout processing time

The gap between requesting a payout and the money arriving. It covers the firm's review, any identity checks, the payment provider's own processing and finally the settlement time of the chosen rail.

Payout proof

Evidence that a firm has actually paid traders - screenshots, transfer statements or published totals. It is the most-requested and least-verifiable category of prop firm marketing, because an image proves only that an image exists.

Profit share add-on

An optional purchase at checkout that raises the trader's share of virtual profits above the standard rate. It is paid up front, so it only pays for itself if the account reaches a payout.

Profit split

The share of eligible gains paid to the trader, with the remainder kept by the firm. At a simulated-funding firm the gains being divided are virtual profits generated on a simulated account.

Refund policy

The published terms under which a firm will return the purchase price of an evaluation. Rights are usually strongest before the account has been accessed and narrow sharply once trading has begun.

Refundable fee

An evaluation fee a firm returns under stated conditions - usually with the first payout after a trader reaches the funded stage. Where it exists it is a term of the programme, not a consumer refund right.

Rise payout

A payout processed through Rise (Riseworks), a payments platform used to pay contractors internationally. The trader signs a short contract in Rise, then chooses how the money is delivered.

Virtual profit share

The compliant name for a prop firm's profit split: the share of virtual profits generated on a simulated funded account that is paid to the trader. The profits are simulated; the payout is real money.

Withdrawal

The act of requesting a payout from a funded account. The requested amount leaves the account balance, which changes the distance between equity and the drawdown level for everything traded afterwards.

Withdrawal cap

A limit on how much may be taken out of a funded account in one payout cycle, usually a percentage of the starting balance. Profit above the cap stays in the account or is removed without being paid.