Hey Uprofiter! 🚀
Let's see how profit sharing works in a Live Account🕵️
Our traders can request withdrawals from the first trading day in their Live Account.
Remember that withdrawals do not affect your account Drawdown📉. When you request a withdrawal, your account will remain at the current account value prior to the withdrawal request.
Do you know what the Safety Net is 🤔?
The Safety Net is used to prevent you from losing your Live Account🛟after an unexpected event or a set of trades in which you are unable to meet your goals.
What is the distribution of profits within the Safety Net?
You can withdraw profits from the first day of trading in your Uprofit Live account.
🛟The withdrawal of profits within the Safety Net from day 1 to day 40 represents 50% for the trader.
Example:
If you want to withdraw $1000 before day 41, you will get $500 and Uprofit Trader will get $500.
🛟Withdrawal of profits within the Safety Net requested from day 41 onwards represents 80% for the trader.
Example:
If you want to withdraw $1000 from day 41 onwards, you will receive $800 and Uprofit Trader will receive $200.
What is the distribution of profits above the Safety Net?
Withdrawals of profits above the SafetyNet can be requested from day one.
100% of the first $8,000 in profits goes to the trader. After withdrawing the first $8,000 in profits, 80% of the profit will always go to the trader.
📌 Please remember that trading days are not taken into account for withdrawals of profits above the SafetyNet.
📌 The $8,000 bonus applies to all accounts where the first and subsequent withdrawals are made above the Safety Net up to $8,000 in cumulative withdrawals.
Take a look at some examples:
1️⃣ A trader is on day 45 of trading on his 50K account. That day, his account balance is $53,960 in profits, and he wants to withdraw $3,000 from it. Keep in mind that the Safety Net is $2,500, then:
Balance: $53,960 - $52,500 = $1,460
Amount above the Safety Net: $1,460 * 100% = $1,460
Amount within the Safety Net: $1,540 * 80% = $1,232
Total withdrawn: ($1,460 +$1,540) = $3,000
Total amount for the trader: $2,692
2️⃣ A trader is on day 20 of trading on his 50K account. That day, his account balance is $53,960 in profits, and he wants to withdraw $3,000 from it. Keep in mind that the Safety Net is $2,500, then:
Balance: $53,960 - $52,500 = $1,460
Amount above the Safety Net: $1,460 * 100% = $1,460
Amount within the Safety Net: $1,540 * 50% = $770
Total withdrawn: ($1,460 + $1,540) = $3,000
Total amount for the trader: $2,230
3️⃣ A trader is on day 20 of trading on his 50K account. That day, his account balance is $53,960 in profits, and he wants to withdraw just above de Safety Net. Keep in mind that the Safety Net is $2,500, then:
Balance: $53,960 - $52,500 = $1,460
Amount above the Safety Net: $1,460 * 100% = $1,460
Total withdrawn: $1,460
Total amount for the trader: $1,460
4️⃣ A trader has exceeded the 8K of his account. That day, his account balance is $53,960 in profits, and he wants to withdraw just above de Safety Net. Keep in mind that the Safety Net is $2,500, then:
Balance: $53,960 - $52,500 = $1,460
Amount above the Safety Net: $1,460 * 80% = $1,168
Total withdrawn: $1,460
Total amount for the trader: $1,168
What is the Safety Net for each Live Account?
🖇️ 9K Account = $800
🖇️ 25K Account = $1,500
🖇️ 50K Account = $2,500
🖇️ 100K Account = $4,500
🖇️ 200K Account = $7,500
What is the distribution of earnings if the account has been canceled or a rule is broken?
🛟Profits within the Safety Net:
From day 1 to day 40, a canceled account will be subject to a 20% profit split for the trader.
From day 41 onwards, a canceled account will be subject to a 50% profit split for the trader.
🛟Profits above Safety Net:
For a canceled account, it will be an 80% profit split for the trader.
📢 Please note that the minimum amount to send a withdrawal is $100.
📢 Remember that Days refers to Trade Days with trading activity in the account.
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