The prop firms process withdrawals once a week, on Tuesdays. Your withdrawal request needs to be emailed to the proprietary trading firm by 2pm on the prior Friday to ensure the withdrawal goes out the next Tuesday.
The minimum withdrawal amount is $100 (for live and LiveSim accounts), and no withdrawal fees apply over $500. Please note that banks, payment providers and crypto exchanges may charge each transaction their own fees.
Otherwise, there are NO restrictions on withdrawing your profits after getting funded.
Traders can withdraw from the prop firms using any of the following methods:
Crypto withdrawal (requires Coinbase account)
The prop firms provide these withdrawal methods through a partnership with Deel, an international contract and payment management platform. The prop firm charges $10.00 per withdrawal (pass through fee to Deel), which is waived for withdrawals over $500.00.
There are two methods of obtaining a LiveSim after completing Earn2Trade evaluations.
After completing a Gauntlet Mini™ evaluation and selecting the LiveSim funding option
After completing the Trader Career Path evaluation and selecting the LiveSim funding option
Gauntlet Mini™ LiveSim
The maximum amount a trader can withdraw from a LiveSim obtained after any size Gauntlet Mini™ evaluation is $4,000. In order to be able to withdraw the full $4,000, the trader must reach a profit of $5,000 (the prop firm deducts 20%). The prop firm will deduct their share every month or at every withdrawal, but never exceeding 20%.
Trader Career Path LiveSim
The maximum amount a trader can withdraw from a LiveSim obtained after a Trader Career Path evaluation is the corresponding profit target with 20% deducted for the prop firm. There is no monthly deduction on LiveSims obtained in the Trader Career Path program.