Here is the complete payout schedule for the Evaluation program:
After you complete Phase 2, you will be paid 2% of the profit target in Phase 1.
When you receive your Live account (Phase 3), you must complete a minimum of 10 trading days then you will receive your first payout 30 days after you place your first trade. After the first payout, the biweekly payments will be 14 days AFTER each withdrawal.
You can only receive your refund and Phase 2 bonus when you receive your first payout on the Live account. So after 30 calendar days in the Live account, you will be paid the following:
- -4% of the profit target in Phase 2
- -112% refund of the purchase fee
- -75% profit split of the first month
If your account is in drawdown after 30 days, then you will have to wait until you have made profit in the account. Otherwise, we won’t be able to process your payout with the bonus and refund.
If you violate the account before the first payout then unfortunately, you will not be eligible for the refund or the 4% payout bonus of Phase 2.