City Traders Imperium

Standard Funding
Withdrawals

The Evaluation Withdrawal Process
  1. CTI will pay  50% Profit Share  of the Profit Target $ to the Evaluation Trader once the Funded Trader  achieves the target , in  one ‎lump sum payment at the end of the evaluation .‎
  2. ‎CTI will  refund  the evaluation 50% Profit Share  to the original payment card used  to make the payment unless CTI agrees to a different method.‎
  3. ‎The 50% Profit share is the  net of all trading costs , spreads, commissions, and overnight swaps.‎
  4. CTI will  deduct any profits made by violating the Risk Management Policies  from the final net profit upon passing the evaluation. In this case, CTI will extend the profit target by the ‎same amount as the profit made by the violations.‎
  5. The Profit Target $ is defined in terms of  net USD $ amount  and NOT in %.‎
The Portfolio Managers / Direct Funding Withdrawal Process
  1. CTI will pay the Net Profit Share $ of the Profit Target $ to the Portfolio Manager as long as the funded account is in profit Net Profit $ at the time of the withdrawal.
  2. All Portfolio Managers can request withdrawals during the last five days of each calendar month .
  3. CTI will pay the Net Profit Share within 7 business working days after the withdrawal is requested.
  4. CTI will pay the Profit Share in a form of a refund  to the original payment card   used   to make the payment  unless CTI agrees to a different method.‎
  5. Once the Net Profit exceeds the original payment amount , the Profit Share payments will be paid to the client using one of the following ‎options: Transferwise Revolut PayPal , or  Bank Transfer .
  6. The Profit Share is the  net of all trading costs  including spreads, commissions, and overnight swaps.‎
  7. CTI will  deduct any profits made by violating the Risk Management Policies from the final net profit. 
  8. The Profit Target $ is defined in terms of  net USD $ amount  and NOT in %.‎
  9. The  withdrawal will not affect the account growth , and it does not require the funded ‎trader to compensate for the profit withdrawn.‎
How to Withdraw?
    1. The Portfolio Manager has to request a  withdrawal via email during the last five days of the calendar month .
    2. When requesting a withdrawal, The Portfolio Manager must  specify the amount  they ‎wish to withdraw, equal to 60% of their net profit.
        For example : if the Portfolio Manager made a $1,000 net profit and wishes to withdraw his Profit Share $600, the ‎Portfolio Manager should email [email protected] stating the withdrawal amount of $600. ‎
    3. Any 60%  Profit Share  paid out to our Portfolio Manager  is deducted from the account ‎balance .‎
    4. At the same time,  CTI will withdraw its 40% Profit Share  every time the Portfolio Manager withdraws from the account.
      For example , if the Portfolio Manager made a $1,000 profit and withdrew $600, CTI will ‎also withdraw its 40% Profit share, equal to $400.

    Example
    If the Portfolio Manager is on the $40,000 funded account. In that case, they will have a profit target of $4,000 (10%). If, in their first month, the PM makes a profit of $2,400 (6%), bringing the account balance to $42,400; the PM will have three choices:

    1. withdraw the full amount;
    2. withdraw a partial amount; or
    3. keep the funds in as an extra buffer against drawdown for the current level.

    If the PM requests a $1,200 profit share withdrawal ($2,000 x 60%). CTI will also withdraw its $800 Profit Share ($2,000 x 40%) from the funded account. Thus, the account balance will drop back to $40,400, and the trader’s Stop Out level will remain $38,000.
    However, after withdrawal, the PM will only have to make the remaining $1,600 (4%) to complete the Profit Target objective, which is $4,000. So, CTI will not penalise the PM for withdrawing as they gradually profit.‎

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