FunderPro has announced an update to its refund process for successful traders, effective from October 1st.
FunderPro has announced an update to its refund process for successful traders, effective from October 1st.
Here are the Highlights of the article “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. 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.
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.
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