Performance Fees (PF) are paid on the 1st day of each month for the previous month’s performance and are not affected by withdrawals made after they are paid. However, once you place your first trade of the month, any withdrawal after that point results in forfeiture of that month’s profit share.

What you need to know:

1. Profits (PF) are generated in your Allocation Account, not directly in your trading account.

2. When you withdraw, your multiplier is recalculated based on your remaining balance. The Allocation Account is not always reduced, but may be adjusted depending on equity conditions, PnL, and program rules.

3. PF is calculated at month-end and paid on the 1st of the following month.

4. Once PF is paid, the previous month’s profit share is final and cannot be changed by withdrawals.

5. If you withdraw before placing your first trade of the new month, your previous month’s PF is not affected.

6. When you make a withdrawal, your Allocation Account is reduced by the withdrawal amount based on your current multiplier. Your multiplier is then recalculated based on the remaining funds in your trading account, resulting in a smaller Allocation Account, reduced trading capital, and potentially lower future Performance Fee generation.

Examples:

1. Example A — Month-end withdrawal before any trade
   PF paid at month-end. No trades opened in the new month. Withdrawal made before placing any trade.
   Result: Profit shares were already fully paid. Allocation Account resets to its base level. Multiplier is recalculated based on remaining balance. No penalties apply since withdrawal happened before the first trade.

2. Example B — Mid-month withdrawal after trade opened
   Month started and first trade was opened. Withdrawal made during the same month after trade execution.
   Result: All profits generated in the Allocation Account for that month are forfeited. Allocation Account resets to initial funding level. Multiplier is recalculated based on remaining funds. Profit target progress is also reduced proportionally.

3. Example C — Withdrawal below minimum equity (disqualification)
   Account balance drops close to the minimum threshold. Withdrawal made that brings balance below the required minimum equity.
   Result: Account is disqualified. The trader has dropped out and must restart the program from the Seed stage. All progress is forfeited.

4. Example D — Full withdrawal
   Entire account withdrawn. Result: Account is disqualified. The trader has dropped out and must restart the program from the Seed stage. All progress is forfeited.

Important Note: Once your first trade of the month is placed, any withdrawal after this point results in forfeiture of that month’s profit share, even if funds are redeposited later. Before making a withdrawal, ensure you have read the Withdrawal Cases and Program Rules documents.