Payouts and money
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.
GFN’s figure
GFN's profit share add-on raises the virtual profit share from 80% to 90% on the 1 Step and 2 Step. It is selected at checkout and cannot be added afterwards. Instant pays 70% and has no share add-on.
- 1 Step and 2 StepStandard
- 80%
- 1 Step and 2 StepWith the add-on
- 90%
- 1 StepOther add-ons
- 10% max drawdown; 7-day payout cycle
In detail
Profit share add-on,explained
An add-on is worth taking when the expected payouts from the account exceed the extra cost of the upgrade - which is a judgement about how likely you are to be paid, not about how good the percentage sounds.
Add-ons attach to the account at purchase. An account bought without one keeps the standard rate for its lifetime, so the decision is made once.
Related
Terms thatcome with it
Most rules only make sense next to the ones they interact with. These are the entries this one depends on.
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.
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.
Evaluation fee
The one-time price of an assessment. It is what the trader is genuinely risking - no customer capital is exposed on a simulated account - and it is the number to compare between firms per dollar of allocation.
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.
Maximum drawdown
The total loss an account may take before it is failed. Expressed as a percentage of the starting balance, it sets a floor: touch it and the account breaches, whatever the account has made up to that point.
Ready when you are
Your capital stays yours.The risk is ours.
One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes.
No subscriptions or hidden fees
Payouts every 14 days
$400,000 max total allocation