When will I get a refund after passing the challenge?
Upon successfully completing Phase 1 (the challenge) and Phase 2 (verification), you become a funded sports trader. Here's a breakdown of the refund process:
- Becoming a Funded Trader: After passing both phases, you'll transition into the funded sports trader status.
- Profit Withdrawal Option: If you meet all the criteria and requirements, you'll have the option to make a withdrawal. This withdrawal can include your earnings from trading and a refund of your challenge account fee during your first withdrawal.
- Profit Split: At this point, you have the choice to either withdraw your earnings at a 70/30 profit split or use them to pad your drawdown amount for the following month.
- Refund from Package: Additionally, if your trading package, which enabled you to become a funded sports trader, includes a refund clause, you will receive your refund at this time. This refund is processed alongside your profit withdrawal. You will not be issued a refund if you do not make it to your first withdrawal.
It's important to note that the exact timing of your refund may vary based on processing and financial considerations. We're dedicated to ensuring a smooth and transparent process, and our support team is available to assist you with any questions or concerns you may have regarding refunds or withdrawals.
Your success and satisfaction are paramount to us, and we're here to support you throughout your trading journey. If you have any further questions or need clarification on the refund process, please feel free to reach out to our support team for assistance.