Definition:
In the PEI program, every trader must complete at least 7 active trading days before requesting their first withdrawal.
Additionally, there are specific waiting periods between withdrawals, which vary depending on the program phase.
Explanation:
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The 7 trading days requirement means the trader must actively trade on at least 7 different days (not necessarily consecutive) before becoming eligible for a withdrawal.
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The first withdrawal can only be requested after 21 calendar days from the first trade.
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Subsequent withdrawals may be requested every 15 calendar days.
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In Phase III (Career Plan, starting from Level 4), the rule is more flexible: traders may request weekly withdrawals, without having to wait 21 or 15 days.
Example 1 (first withdrawal):
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The trader starts trading on March 1st.
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They trade on 7 different days between March 1st and March 15th.
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Starting from March 22nd (21 calendar days), the trader is eligible to request their first withdrawal, provided they have met the 7-day minimum requirement.
Example 2 (subsequent withdrawals):
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After the first withdrawal on March 22nd, the next one can be requested 15 days later, i.e., starting from April 6th.
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From then on, withdrawals can be requested every 15 calendar days.
Example 3 (Phase III – Career Plan):
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The trader scales up to Level 4 (LV4) of the PEI program.
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From that point onward, they may request weekly withdrawals, without the 15-day waiting period.
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Example: If they withdraw on Monday, June 10th, the next withdrawal can be requested on Monday, June 17th.
In summary:
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Minimum of 7 trading days before the first withdrawal.
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First withdrawal: after 21 calendar days from the first trade.
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Subsequent withdrawals: every 15 calendar days.
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Phase III (LV4 and beyond): weekly withdrawals.