Payouts and money
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.
GFN’s figure
GFN does not advertise a fee refunded on your first payout. The fee is a one-time purchase with no subscription and no resets to buy - and separately, refund eligibility on a purchase follows the published refund policy and the Terms & Conditions.
- Fee structure
- One-time, no subscription
- Resets for sale
- None
- Purchase refunds
- Per the refund policy and applicable consumer law
In detail
Refundable fee,explained
A refundable fee is a marketing structure as much as a financial one: the firm keeps the money from every attempt that does not reach funding, and returns it on the ones that do. Check whether the refund is automatic, whether it survives a breach, and whether it applies to add-ons.
It is a separate question from a consumer refund, which is about the purchase itself rather than about performance.
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.
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.
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.
Activation fee
A charge some firms apply when a passed evaluation is converted into a funded account. It is separate from the evaluation fee, which is why it is so often missed when headline prices are compared.
Account reset
Paying to return a failed or drawn-down evaluation to its starting balance rather than buying a new account. It is a recurring revenue line at firms that sell it, and a real cost to track.
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.
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