The Funded Trader has announced major updates to its payout policy, aiming to streamline withdrawal processes.
The Funded Trader has announced major updates to its payout policy, aiming to streamline withdrawal processes.
The Funded Trader has announced major updates to its payout policy, aiming to streamline withdrawal processes and better serve its trader community. The firm revealed that significant progress that is aligning all funded traders with the new payout system.
According to the update, traders who had pending payouts under the previous policy and opted to keep them can expect their payouts to be honored in full. “Rest assured — it will be honored under the old policy,” the company confirmed, emphasizing its commitment to maintaining trust and consistency for existing traders during this transition.
One of the most notable changes includes a reduction in the minimum withdrawal threshold, which has been from $100 to just $25. This update specifically addresses a key issue faced by traders on smaller accounts, such as the $5K and $10K tiers. Under the original terms, the 0.5% first payout cap made it virtually impossible to meet the previous $100 minimum withdrawal requirement, frustrating many new and lower-tier participants.
“This fix addresses the issue on $5K and $10K accounts,” the company stated, acknowledging user feedback and reiterating its intent to create a fairer, more accessible trading environment.
The update is part of a broader effort by The Funded Trader to optimize trader satisfaction and system efficiency. The firm also noted that more announcements and refinements to the payout structure are going later today.
Moreover, with these adjustments, The Funded Trader aims to reassure its global trading community of its dedication to transparency, accessibility, and continuous improvement. The response from the trading community will likely influence how other prop firms approach their own payout structures going forward.
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The Funded Trader follows a belief that every retail trader deserves an opportunity to raise capital based on their performance and commitment to building their own business. They are searching for passionate and experienced traders who will succeed with the help of their funds by showing skills in various market conditions.
Bespoke Funding strives to create unique funding opportunities for traders worldwide by creating approachable ways to become a professional, funded trader who can remotely manage their capital. They have developed a user-friendly experience with the industry's best technology to back it.
MyFundedFX offers traders three different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm's capital, meaning that they will cover all losses.
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