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Based in Exeter - working across prop trading firms worldwide

Glossary · Payouts

Payout cycle

  • Also called
  • payout frequency
  • payout schedule
  • first payout
  • bi-weekly payout
  • on-demand payout

What it means

In a prop firm, the payout cycle answers two questions: when can a trader make the first request, and how often after that. A typical setup sets a first-payout wait, such as a number of days or trading days after the simulated funded account starts, then a regular interval.

The cycle interacts with other rules: minimum payout amounts, consistency requirements, payout caps, and the processing time from request to funds received, which depends on the payment rail.

Firms often sell faster cycles as an add-on. A faster cycle increases the number of payout transactions and shortens the time the firm holds the cash before paying.

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