Fees and payouts · Rookie
Payout
Also searched as: reward, withdrawal
What does Payout mean?
A payout is an approved payment to a trader under a program agreement. It may come from eligible simulated performance or live trading, depending on the account.
Example
A trader requests a reward, completes the review process and receives a bank transfer.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
A profitable account is not the same as an approved or received payout.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.