At OneStopProp, we strive to make the payout process straightforward and transparent. Below are the rules and guidelines to help you understand the steps and requirements for requesting payouts.
Payout Request Frequency:
Traders can request a payout every 14 days.
Note: The 14-day countdown begins from the day the previous payout request is made.
Trading Requirements for Payouts:
Example:
If you trade Sunday at 6:00 PM and again Monday morning, both trades are counted as one trading day (Monday).
If you trade Monday morning and again Tuesday morning, these are considered two separate trading days.
The buffer zone rule is to ensure sustainability and flexibility for our traders. You can withdraw your profits once you reach the level of your maximum daily drawdown, which we refer to as the “buffer zone.”
For example, if you have a $50,000 account, your maximum daily drawdown or buffer zone is 4% of the account size, equating to $2,000. In this case, you will need to reach a balance of $52,000 to start withdrawing profits.
Continue Trading After Request:
Payout Request Rules:
Payout Approval and Communication:
Review and Approval- Our Risk Team will review all payouts to ensure compliance with trading rules.
Once approved, a member of the OneStopProp team will contact you via email to confirm payout details and process the wire transfer.
Payout Limits by Account Size
For your first five payouts, the maximum payout per request is based on your account size:
After your first five successful payouts, the withdrawal limits will be removed, giving you the freedom to make unlimited withdrawals without any caps. Additionally, the profit split will adjust from 100% to 90/10 after your first five payouts.
By adhering to these guidelines, you ensure a smooth and efficient payout process. At OneStopProp, we are committed to helping you trade confidently and reap the rewards of your success.
Additional Guidelines
Flipping Trades
Permitted Practice:
Traders are allowed to engage in flipping, which involves opening and closing trades rapidly within the same day. These trades can contribute to a trading day, provided they comply with OneStopProps guidelines.
Flipping Requirements:
Traders must generate a minimum daily profit or loss of $50.
This must be achieved for a minimum of 6 trading days on the 2 step challenge and 4 trading days on the 1 step challenge and 8 days on instant funded accounts to fulfill the eligibility criteria.
Position Size Consistency
Strategic Consistency:
Traders should maintain a consistent approach to position sizes, allowing for adjustments based on factors such as risk, market conditions, and volatility. Sudden or erratic changes, such as trading 10 contracts one day and 2 the next solely to secure a payout, are not allowed. Adjustments that reflect market conditions (e.g., reducing contracts during periods of high volatility) are acceptable when aligned with a clear strategy.
Scaling with Strategy:
As account balances grow, increasing position sizes to align with a scaling strategy is encouraged.
However, reducing position sizes must be guided by a strategic rationale rather than inconsistency.
Reasonable adjustments due to market conditions, such as scaling down during heightened volatility, are permitted as long as they support the overall trading plan.
Risk Management Focus:
The emphasis is on promoting responsible and sustainable trading practices that closely replicate real world market dynamics. By following these guidelines, traders can cultivate strategies that are practical and effective for live trading environments.
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