TX3 Funding's payout policy ensures traders are rewarded fairly while maintaining account stability. Below is a detailed breakdown of the payout structure, including eligibility requirements and payout frequency for both Starter and Pro plans.
Payout Structure
Traders are eligible for a 100% payout on the first $10,000 in profits. After this threshold, the profit split changes to 90/10, with traders receiving 90% of subsequent profits.
Payout Frequency
Starter Plan: Payouts are available every 5 winning trading days. Traders must accumulate five profitable days before requesting a payout with a 40% consistency rule.
Pro Plan: Payouts are available bi-weekly. Traders can request payouts twice per month, offering flexibility and consistent access to earnings.
Eligibility and Requirements
KYC Verification: All traders must complete KYC (Know Your Customer) verification before receiving a payout. This ensures compliance with regulatory requirements and maintains a secure trading environment.
Minimum Payout Amount: The minimum amount eligible for withdrawal is $250 for Beginner accounts and $1,000 for Pro accounts. Traders must meet this threshold to initiate a payout request.
Withdrawal Buffer: A buffer must be maintained in the account to ensure longevity and cover potential losses during market fluctuations. Maintaining this buffer is crucial for continued trading activities.
Processing Time
Payouts are processed through Riseworks, our dedicated payout partner, typically within 1-3 business days after the payout request is approved. Traders will receive a notification via email once their payout is successfully processed.
Starter Accounts: Payouts are typically processed within 1-3 business days after the payout request has been approved. It is essential to meet all trading and compliance requirements before requesting a payout.
Pro Accounts: Payouts are processed within 24 hours, Monday to Friday, if requested before 3:00 PM Central Time (CT). Requests made after 3:00 PM will be processed on the next business day.
Payout Method
Traders can choose between two payout methods:
RiseWorks (Rise) Transfer:
The primary payout method is via RiseWorks. Traders will receive an email to sign agreements via RiseWorks upon payout request. After signing, the payout will be processed to your RiseWorks account, where you can withdraw via bank transfer or crypto.Crypto Payout (USDT - ERC-20):
Alternatively, traders can request their payout directly via crypto. We currently support payouts through USDT (ERC-20) for those who prefer not to use RiseWorks. Traders must provide a valid USDT (ERC-20) wallet address during the payout request process.
Restricted Regions
Residents of the following U.S. states and territories are currently ineligible to receive payouts via Rise:
Iowa (IA)
Louisiana (LA)
Minnesota (MN)
South Carolina (SC)
Vermont (VT)
Washington (WA)
Puerto Rico (PR)
Guam (GU)
⚠️ Note: Traders in these regions can still request payouts via Crypto (USDT - ERC-20).
Tax Implications
Traders are responsible for managing their tax liabilities on payouts. TX3 Funding does not withhold taxes, and traders should consult a tax professional to ensure they comply with their local tax regulations.
Important Considerations
Profit Consistency: Consistency rules for Beginner accounts can impact payout eligibility. Traders must demonstrate consistent trading performance, avoiding significant profit spikes that could lead to payout restrictions.
Post-Payout Buffer Requirements: After each payout, a buffer must remain in the account. This buffer supports continued trading and protects against adverse market conditions. This applies only to Pro accounts.
TX3 Funding’s payout policy is designed to ensure traders have regular access to their earnings while emphasizing the importance of responsible account management. By following these guidelines, traders can enjoy a rewarding experience with TX3 Funding.