FunderPro Key Update: Refunds Now Tied to First Payout

FunderPro has announced an update to its refund process for successful traders, effective from October 1st.

Home » Prop Blog » FunderPro Key Update: Refunds Now Tied to First Payout

Here are the Highlights of the article “FunderPro Key Update: Refunds Now Tied to First Payout”:

  • FunderPro has updated its refund process for successful traders, effective October 1st.
  • Refunds will now be processed with the first payout instead of after passing the Challenge.
  • This change aims to promote better risk management and long-term success.
  • The payout system remains flexible, allowing requests after $50 in profits with no minimum trading days.
  • Existing accounts won’t be affected, and daily payouts will still be available.

FunderPro has announced an update to its refund process for successful traders, effective from October 1st. In an update shared recently, the firm clarified that refunds for traders who pass their initial Challenge phase will now be processed along with their first payout rather than being disbursed immediately after completing the Challenge. This new policy applies to all accounts purchased from October 1st onwards while existing accounts remain unaffected.

FunderPro Key Update: Refunds Now Tied to First Payout

According to FunderPro, this adjustment is aimed at promoting better risk management and long-term success for traders. The firm noted that some traders started exhibiting risky behavior or “gambling” after receiving their refunds early. So, this impacted their funded accounts. By postponing the refund until after a trader’s first payout, FunderPro hopes to encourage a more disciplined approach, helping traders maintain their accounts over a longer period.

Despite this change, the firm’s payout system remains flexible and trader-friendly. Traders can still request payouts as soon as they hit $50 in profits, with no minimum trading days required. Additionally, the option for daily payouts ensures that traders can receive both their profits and refunds quickly.

FunderPro emphasizes that this update is designed to foster better risk management and enhance the overall trading experience, allowing traders to focus on their long-term success rather than short-term gains.

This move highlights FunderPro’s commitment to creating a supportive environment for traders to thrive, as they continue to refine their offerings and policies to ensure the best possible outcomes for their users.

Here is the FunderPro Review.

Leave a Reply

Your email address will not be published. Required fields are marked *

E8 Markets has developed a user-friendly experience with essential information every trader needs, as well as the industry’s best technology to back it. The main priority that they expect from their traders is that they are disciplined individuals who prioritize managing risk while also focusing on long-term consistency.

Funding Pips believes that traders progress through three key stages in their professional journey. To evaluate trading talents and provide support in overcoming funding challenges, they have developed a two-phase evaluation followed by a funded phase, where traders will become eligible for significant capital.

Smart Prop Trader requires traders to be successful in their two-step evaluation program before being granted access to live-funded accounts and the possibility to earn profit splits. However, since they are only looking to invest in disciplined and talented traders, they have a special set of rules that should be respected at all times.

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.

Funded Trading Plus is one of the fastest growing prop firm providers. This is not surprising when you see the range of programs they offer. They provide simple straightforward rules, offer up to a 90% profit split and have competitive pricing. The entry level program starts from $12,500 and you can trade up to $2,500,000.