Definition:
In the PEI program, profit withdrawals follow a specific schedule and a profit split scheme, which changes depending on the phase of the program.
Explanation:
-
First withdrawal:
-
Becomes available after 21 calendar days from the first trade and after completing the minimum requirement of 7 trading days.
-
-
Initial profit split:
-
For the first 3 withdrawals, profits are split 50% to the trader and 50% to the firm.
-
-
Advanced profit split (Phase III – Career Plan):
-
Starting from Level 4 (LV4), the profit split improves to 80% for the trader and 20% for the firm.
-
-
Flexibility in Phase III:
-
Traders can request withdrawals of as little as 1% of accumulated profit, on a weekly basis.
-
If the trader wants to scale the account to the next level, they must reach the full 10% profit target.
-
Example 1 (first withdrawal):
-
Initial account: $10,000.
-
After 21 calendar days and 7 trading days, the trader generates $1,000 profit.
-
Upon requesting the withdrawal, the trader receives $500 (50%), while the firm keeps $500.
Example 2 (profit split upgrade):
-
A trader in Phase III – LV4 generates $2,000 profit in one week.
-
When requesting a withdrawal, they receive $1,600 (80%), while the firm receives $400.
-
At this stage, withdrawals can be requested weekly, not every 15 days.
Example 3 (decision: withdrawal vs scaling):
-
Trader in Phase III – LV4 with a $50,000 account.
-
Achieves 10% profit = $5,000.
-
They can choose between:
-
Withdrawing part or all profits (minimum 1%), receiving 80% of the profit.
-
Scaling the account (doubling the balance), but in this case they must forgo the immediate withdrawal.
-
In summary:
-
First withdrawal: after 21 calendar days and 7 trading days.
-
First 3 withdrawals: Profit split is 50/50.
-
Phase III (LV4 and beyond): Profit split is 80/20, with weekly withdrawals starting from 1% of profit.
-
To scale to the next level, the trader must reach a 10% profit target.