Important: Your first payout is available after 7 days with a $100 minimum, and you must complete identity verification (KYC) before it is processed.
Funded Phase Trader Payouts & Profit Distribution
Once you advance to the Funded Phase, you become eligible to request payouts based on your simulated realized profits.
The distribution amount you are entitled to claim is determined by your account's designated payout split (e.g., 80% of your total simulated profits once all active trading positions are closed). This split percentage is directly tied to the specific challenge model you purchased.
Upon submitting a payout request, our Risk Team will conduct a comprehensive audit of your trading activity. Final authorization for the payout is granted only after we verify full compliance with our trading rules and risk management parameters.
The Payout Cycle & Minimum Thresholds
First Payout: You may request your initial payout 7 days after placing your first trade in the Funded Phase.
Subsequent Payouts: Available every 7 days following your previous request.
Minimum Threshold: A minimum approved balance of $100 in realized profit is required to process any withdrawal.
Supported Payout Methods
Distributions are processed through a curated network of vendors, payment channels, and currencies to accommodate the specific localization, speed, and cost preferences of our global trader base.
While all available payout options and supported currencies are fully accessible within your trader dashboard (note that some third-party processors may apply their own operational fees), we highly encourage you to contact our Support Team in advance. They can provide specific guidance to optimize the routing and processing of your upcoming payout request.
Identity Verification (KYC) Prerequisites
To comply with global Anti-Money Laundering (AML) standards and internal anti-fraud policies, all traders must successfully complete a Know Your Customer (KYC) verification prior to their first payout. This process confirms account ownership and ensures that corporate funds are disbursed exclusively to the legitimate account holder.
Initial Requirements: You must submit a valid government-issued ID, a recent proof of address, and confirmation that the receiving payment destination is legally registered in your name.
Avoiding Delays: To ensure swift processing, verify that all submitted documents are clear, unexpired, and perfectly match the personal details registered to your P1 account.
Ongoing Compliance: As per our Compliance and AML Policy, our Risk Team reserves the right to request additional or updated verifications at any time.
These strict KYC protocols exist to meet our legal obligations, protect honest traders from impersonation, and maintain the long-term integrity and sustainability of the P1 ecosystem.