Withdrawals

Flexible profit payments paid out on the 1st business day of each month

The process of withdrawing profits is flexible, traders can request a withdrawal on the last day of the month and payments will be processed (after we have received your invoice) on the first business day of the next month. It is calculated on the last day of the month on your Equity Balance.

The trader can decide when and how much of their profits they’d like withdrawn each month or if they’d like to roll them over to the next month.

Profit Share on your Live Forex T4TCapitalTM Trading Account

Profit Withdrawals

When traders withdraw money from their account, the amount withdrawn will be split between T4T and the trader according to the profit share schedule.

It is calculated in steps. as follows:.
Up to 10%* PROFIT @ 60%
10%-20% PROFIT @ 70%
20%+ PROFIT @ 80% 

Example: A trader with a $100,000 account makes $70,000 profit, taking their account balance to $170,000.

They request a withdrawal of $65,000.

The $65,000 is withdrawn from their trading account and distributed according to the $100K account profit share.

The trader gets:
60% of the $10,000 above the Starting Balance ($100,000) = $6,000
70% of the $10,000 above Draw Up 1 ($110,000) = $7,000
80% of the $45,000 above Draw Up 2 ($120,000) = $36,000
Total = $49,000

Their trading account is reduced to $105,000 and they can continue trading with their Maximum Loss limit still at $100,000, their starting balance.

Their maximum trade size will be reduced to 10.5 lots in line with the 10:1 Leverage for the account.

*In order to make their first withdrawal, traders need to hit an initial 5% profit target – which in turn raises their Maximum Loss Limit Level up to the starting balance of the account. This only applies to the first withdrawal.

Early Withdrawals Reduce Your Maximum Loss Limit

If you withdraw profits before your maximum loss limit are equal to or above your starting balance, then the amount you withdrawal will be deducted from your maximum loss limit.

Example: A trader starts with a $100,000 account and makes $2,000, taking their maximum loss limit from $96,000 up to $98,000. They withdraw the $2,000 taking their account balance back to $100,000. The maximum loss limit stays at $98,000.

The next few trades they make $3,000, taking their account balance to $103,000 and their maximum loss limit to $100,000.

If they withdraw the $3,000, they will have no maximum loss limit left and their account will be closed.

At this point, if the trader wants to continue to trade the funded account, they must leave some cash in the account

If you Withdraw 100% of your profits from your live funded account, the account will be closed

For your account to remain open, you must keep some money in the account to cover your maximum loss limit for the remaining balance you have.

You can decide how much to leave in the account but be aware if you hit the maximum loss limit your account will be closed.

Example: A trader starts with a $100,000 account and makes $60,000, taking their account balance up to $160,000.

If they want to continue trading, they must leave some of the $60,000 profit in the account. If they withdraw $50,000 their account balance will be reduced to $110,000, leaving them with a maximum loss limit of $10,000.

The traders, can, of course, choose to withdrawal more of their profits and leave a smaller maximum loss limit. But if they hit their maximum loss limit their account will be closed.

If they withdraw $55,000 their account balance will be reduced to $105,000, leaving them with a maximum loss limit of $5,000 only and the new account balance also impacts their trade size.

Withdrawals reset your account balance & potentially your trade size

If you withdrawal profits at the end of the month your trading account will naturally be adjusted to the new balance.

If during this withdrawal process your account goes back below a draw up level then you also need to adjust your trade size, so it fits in with the scaling plan that is associated with your ‘new’ account balance.

Example 1: A trader starts with a $100,000 account & they make $70,000 in their first month taking their account balance to $170,000.

At the end of the month, the trader has the option to withdrawal 100% of profits (which will close their account) or any amount/percentage they would like or roll their profits forward.

• If they withdrawal $70,000 of profits (100%) they will get:
  1. 60% of the first $10,000 profit
  2. 70% of the $10,000 profit above Draw Up 1
  3. 80% of the $50,000 profit above Draw Up 2 and their trading account will be closed.
•  If they only withdraw $50,000, they will get:
  1. As 1 & 2 above and their account balance will be back to $120,000 allowing them to still trade a maximum of 12 lots.
• If they roll their profits forward, they have the chance to increase their trade size & maximum loss limits.

Example 2: A trader starts with a $100,000 account & they make $55,000 in their first month taking their account balance to $155,000. They decide to leave the cash in their account and let it accrue.

During this month they went through Draw Up 2 at $120,000 and their trade size increased to a maximum of 13 lots & more importantly their Profit Share Split was increased to 80% for all cash made above $120,000.

During the second month, they make $60,000 profit taking their account balance to $215,000.
At the end of the month, the trader has the option to withdrawal 100% of profits (& close their account) or any amount/percentage they would like or roll their profits forward.

• If they withdrawal $115,000 profits (100%) they will get:
  1. 60% of the first $10,000 profit
  2. 70% of the $10,000 profit above Draw Up 1
  3. 80% of the $95,000 profit above Draw Up 2 and their trading account will be closed.
• If they only withdraw $85,000, they will get:
  1. As 1 & 2 above and their account balance will be back to $130,000 allowing them to trade a maximum of 13 lots & keep them on an 80% profit share of all new profits from that point.
• If they roll their profits forward, they have the chance to continue trading with a larger trade size of 21.5 lots.

What Happens if you Breach the Rules & You’re in Profit?

If you breach the rules of engagement on a live account and your trading account is in profit, you will be paid out all outstanding profits in accordance with the Profit Share table.

Example: A trader starts with a $100,000 account and makes $120,000 profit over a 6 month period, accruing his profits after each month, taking his trading account balance to $220,000.

They then breach the maximum trade size limits & their funded account is closed. They will be paid out all outstanding profits in line with the profit share split table:
60% of the $10,000 above the Starting Balance ($100,000) = $6,000
70% of the $10,000 above Draw Up 1 ($110,000) = $7,000
80% of the $100,000 above Draw Up 2 ($120,000) = $80,000
Total = $93,000 payout