Overview
Traders with Simulated Funded Accounts eligible for payouts should submit an invoice by going to the "Profit Share" section of the Trade Hub to submit an invoice to request your withdrawal. Once done, the trader's account will be reviewed, and their payout will be processed.
Traders must be eligible for withdrawal to submit a withdrawal request.
Please note that the following factors may prevent your payout within the given time frames: investigations, failure to confirm the crypto payout address, and holidays. If you do not have a Wise account it may take up to 10 days for Wise to verify your account.
Traders can request their payout via Crypto and Wise. Please note Wise is restricted in certain counties. These restricted countries are listed further down on this page. Additionally, TFT has banned certain counties from using its service. To see which countries are banned form TFT services, visit this help center article.
Please note that any mention of "profit split" or "payouts" refers to clients being compensated based on their data that is measured by their simulated profit, not the actual simulated profit they generate.
Payout Processing Times
Broker | Account Type | Payout Processing Time |
Eightcap | Standard, Royal, Knight & Rapid | 48 Business Hours |
| King’s Program | 16 Business Hours |
ThinkMarkets | Standard, Royal, Knight, Rapid & Dragon | 24 Business Hours |
| King’s Program | 8 Business Hours |
Purple Trading | Standard, Royal, Knight, Rapid & Dragon | 24 Business Hours |
| King’s Program | 8 Business Hours |
Payout Schedule:
Crypto Payouts: These are processed every day, encompassing all seven days of the week.
Wise Payouts: These are exclusively processed on business days (Mon-Fri) between 9am - 5pm EST.
Withdrawal Request Eligibility Requirements
Payout Eligibility
Before being eligible to receive a payout from The Funded Trader, you must become verified by submitting:
A government-issued ID (e.g., a driver's license or passport)
Proof of address dated within the last 60 days
A signed Funded Trader Agreement
First Payout
Challenge Type | Time Since First Trade | Additional Information |
Standard Challenge | 21 days | As of July 27th, 2023, Standard Challenges are eligible for payouts 21 days after the first trade has been placed. |
Rapid Challenge | 14 days | - |
Royal Challenge | 30 days | - |
Royal Challenge with 14-Day Withdrawal Add-On | 14 days | - |
Knight Challenge | 7 days | - |
Dragon Challenge | 7 days | - |
Future Payouts
Account Type | Time Since First Trade After Previous Payout Date |
Standard, Rapid, and Royal | 14 days |
Knight and Dragon | 7 days |
Please Note:
No open simulated positions or orders should be active on the trading account.
Once you request a payout, your simulated account will be enabled almost immediately, allowing you to continue placing simulated trades without any delay. Should you find that your account isn't enabled within a few minutes after making a payout request, please don't hesitate to contact our support team for assistance.
Payout Methods
Wise - See the detailed 'Wise (TransferWise) Payouts' section below for more information.
Crypto - See the detailed 'Crypto Payouts' section below for more information.
Note:
All simulated traders earning payouts or rewards through TFT will bear any transaction fees associated with their payout.
There is no payout limit on crypto payout requests.
All traders will take care of transaction fees associated with their crypto payout.
Wise (TransferWise) Payouts
Wise Overview
If you are seeking to request a new payout, you are now able to request your payout via Wise directly from your TFT dashboard. Please log into your TFT account and you can make a request through your dashboard!
If you haven't set up a Wise account yet, you can initiate the process here (when registering a new account, please be sure to use your TFT registered email address). For guidance on how to create an account, please refer to these instructions.
Countries Not Supported by Wise
If you reside in a country that is not supported by Wise (please see list below) and have submitted for a payout via Wise, your request will be rejected and you will be asked to resubmit the request using crypto.
Country/Region | Note |
Afghanistan | Please request payout via crypto |
Bangladesh | Please request payout via crypto |
Belarus | Please request payout via crypto |
Burundi | Please request payout via crypto |
Central African Republic | Please request payout via crypto |
Chad | Please request payout via crypto |
Crimea | Please request payout via crypto |
Democratic Republic of the Congo | Please request payout via crypto |
Egypt | Please request payout via crypto |
Eritrea | Please request payout via crypto |
Hong Kong | Please request payout via crypto |
India | Payouts over $10,000 USD are not supported through Wise. Should your payout surpass this threshold, you have the option to either wait for the next payout date to make another Wise request, or opt for a crypto payout instead. |
Iraq | Please request payout via crypto |
Israel | Please request payout via crypto |
Kazakhstan | Please request payout via crypto |
Kenya | Please request payout via crypto |
Libya | Please request payout via crypto |
Myanmar | Please request payout via crypto |
Nevada | Please request payout via crypto |
Nigeria | Please request payout via crypto |
Pakistan | Please request payout via crypto |
Philippines | Please request payout via crypto |
Russia | Please request payout via crypto |
Serbia | Please request payout via crypto |
Somalia | Please request payout via crypto |
South Sudan | Please request payout via crypto |
Sri Lanka | Please request payout via crypto |
Sudan | Please request payout via crypto |
Türkiye | Please request payout via crypto |
Ukraine | Please request payout via crypto |
United Arab Emirates | Please request payout via crypto |
Venezuela | Please request payout via crypto |
Yemen | Please request payout via crypto |
FAQs related to Wise:
Do we need to sign a contract for Wise?
No contract needs to be signed but a client needs to have a valid Wise account. Some countries may need to verify their identity first before being able to receive payment but no additional contract is needed.Do clients need to deposit $20 in a new Wise account?
Yes, this a Wise compliance measure and allows you to open an account and begin receiving funds to the account.I reside in a country supported by Wise, but my account was rejected. What do I do?
We would strongly suggest gathering evidence explaining why Wise declined the payout request. If Wise is unable to facilitate the transaction, our team will assist you in switching your payout method to cryptocurrency.
I do not reside in a country supported by Wise
Under such circumstances, the payout will only be allowed via Crypto.I do not have a crypto wallet and my country is on the Wise restricted list, now what?
Kindly create a cryptocurrency wallet to enable your payout. We are unable to provide specific recommendations regarding which wallet to choose. We suggest conducting your own research to make an informed decision. In order for us to initiate a cryptocurrency payout, we will require essential details such as your crypto wallet address.Once you have a wallet address set up, kindly proceed to submit an invoice. You can do this by navigating to the "Profit Share" area in the Trade Hub, where you can request a payout via crypto.
I requested through Wise but I do not see money in my Wise account?
Due to Wise compliance procedures, Wise can require additional days to fully process the transaction. Please reach out to Wise directly to follow up on when the funds will be available in your account. Please note that it can take up to 10 business days for your funds to reflect in your account.I need to change my Wise email address, what do I do?
Head over to www.wise.com and log into your account. Then follow these steps:
Click on your name at the top right corner, then go to Settings.
Select Email settings.
Select Change email address, and type in your new email address.
Select Confirm. Wise will send an email to your new email address, and ask for you to confirm the change with your password — the change won’t be complete until you do this.
How can I get assistance with Wise?
For guidance on managing your Wise account, please visit the following link: Managing Your Account Help. For information on Receiving Money, you can find help here: Receiving Money Help. You can also contact their customer support team through email, phone, or chat by visiting the following link: Contact Wise Support.
Wise Phone Support: 1-844-926-4380
Support hours: Monday to Friday, 09:00 AM EST to 07:00 PM EST (GMT-05:00).
Steps to request your Wise payout (Specific to US customers):
Select your simulated account to request your payout via the Profit Share page on the Trade Hub.
Enter the amount you wish to withdraw.
Select Wise (USA) as your choice under the payment method.
Enter your Wise email address, ACH/Swift account information, and any other pertinent details into the appropriate fields.
Click on Generate Passcode (This would send a passcode to your registered email)
Click on Submit.
Steps to request your Wise payout (Specific to International customers):
Select your simulated account to request your payout via the Profit Share page on the Trade Hub.
Enter the amount you wish to withdraw.
Select Wise (International) as your choice under the payment method.
Enter your Wise email address, IBAN/account number, Swift/BIC code and any other pertinent details into the appropriate fields.
Click on Generate Passcode (This would send a passcode to your registered email)
Click on Submit.
Crypto Payouts
Crypto payouts are open for all eligible countries without any maximum limit.
Crypto payouts are only available in ETH, USDC, USDT via ERC-20 network, or BTC via BTC network.
There is a $25 minimum request for crypto withdrawals.
Supported Crypto Networks
Crypto payouts are only available in ETH, USDC, USDT via ERC-20 network, or BTC via BTC network. If you request via a different network, TFT will be unable to deliver the funds to your intended wallet and they may be lost and unrecoverable.
Steps to request your Crypto payout:
Select your simulated account to request your payout via the Profit Share page on the Trade Hub.
Enter the amount you wish to withdraw.
Select the Cryptocurrency of your choice under the payment method.
Enter your crypto wallet address in the respective fields.
Click on Generate Passcode (This would send a passcode to your registered email)
Click on Submit.
Crypto Country Restrictions
The Funded Trader offers crypto as a payment method for traders from all countries, minus those listed under Banned Countries on the Countries with Limitations for Affiliates and Payouts FAQ article.
Prohibited Sharing of Wallet Addresses
Sharing crypto wallet addresses between other users within the firm is strictly prohibited, as this can present an Anti-Money Laundering (AML) concern.
If it is found that you are engaging in any kind of malicious activity or sharing wallet addresses as it goes against our policies - your account will be subject to investigations and/or banned from our platform.
A successful cryptocurrency payout necessitates individual wallets assigned to each customer.