Traders with Edge is a leading proprietary trading firm that provides funded trading accounts to skilled traders. The company offers multiple trader funding programs that allow traders to access capital, trade with ease, and earn a share of the profits. One of the key aspects traders consider when selecting a prop firm is the payout structure and options. This article will provide an in-depth look at everything you need to know about Traders With Edge payouts.
You'll learn about the various fast and convenient payout options offered, including popular e-wallets, cryptocurrencies, and bank transfers. We outline the simple withdrawal process, timeline for processing, minimum withdrawal amounts per method, and more.
Read on to understand the Traders With Edge Payout!
Traders With Edge Payout: A Quick Overview
- Traders With Edge offers 80/20 profit splits, allowing traders to keep 80% of the profits generated.
- Multiple payout options are available including bank transfer, PayPal, Bitcoin, and more.
- The minimum payout threshold is $50 for most methods and $100 for BTC, USDT and PayPal.
- Payouts are processed quickly, usually within 1-2 weeks of request.
- Traders can earn additional income through the “Write to Trade” program.
- Clear payout terms and high transparency provides confidence in the payout process.
Understanding Traders With Edge Payout Options
Traders With Edge provides funded traders access to the firm's capital to trade, in exchange for a share of the profits generated. The standard profit split offered is 80/20, allowing traders to keep 80% of the net profits. This is a very competitive profit share compared to other prop firms.
Once a trader passes their evaluation and is granted a funded account, they can begin earning profits. The minimum account balance provided is $5,000 and accounts can scale up to $1,000,000+ based on performance.
Traders With Edge Minimum Payout Thresholds
Although the profit split allows traders to earn 80% of profits, there is a minimum payout threshold that must be met before withdrawals can be processed. This helps minimize transaction fees for small payouts.
The minimum payout thresholds are:
- $50 for bank transfer, Payeer, Perfect Money, Payoneer, Fasapay, and Wise.
- $100 for BTC, USDT, and PayPal withdrawals.
These thresholds are very reasonable compared to other prop firms that often have $500+ minimums.
Detailed Breakdown of Traders With Edge Payout Methods
Traders With Edge aims to provide flexible payout options based on trader location and preferences. Here is a detailed breakdown of the payout methods available:
| Payout Options | Minimum payout | Processing Time |
|---|---|---|
| Bank Transfer | $50 minimum payout | 1-2 week processing time |
| PayPal | $100 minimum payout | Fast processing but limited countries |
| Bitcoin | $100 minimum payout | Fast payout in BTC to crypto wallet |
| USDT | $100 minimum payout | Fast payout in USDT to crypto wallet |
| Perfect Money | $50 minimum payout | Fast processing |
| Fasapay | $50 minimum payout | 1-2 week processing |
| Wise (Transferwise) | $50 minimum payout | 1-2 week processing |
How to Request Payouts at Traders With Edge? (A Step-by-Step Guide)
Here is a step-by-step guide on how to request a payout at Traders with Edge:
- Ensure you meet the payout criteria: Before you can request a payout, you need to ensure that you have met all the criteria for a payout. This includes being in profit and having traded for at least 10 days.
- Log into your Traders with Edge account: The first step to requesting a payout is to log into your Traders with Edge account.
- Navigate to the Trader Dashboard: Once you are logged in, head over to your Trader Dashboard.
- Locate the Profit Share section: In the left-hand navigation of your Trader Dashboard, locate the section labeled “Profit Share“.
- Check your withdrawable profits: In the Profit Share section, you will see a list of your funded accounts along with the withdrawable profits for each account.
- Request a payout: To request a payout, you need to fill out a form in the Profit Share section. This form will ask for details such as the amount you want to withdraw and the method of payout you prefer.
- Submit your payout request: After filling out the form, submit your payout request. You will be able to track the status of your payout request within your account.
- Wait for your payout: Payout requests are processed 1-2 times per week, so you should receive your payout within a maximum of 2 weeks.
Remember, you can only request a payout once every 14 days. Also, you must fill out your KYC (Know Your Customer) information in order to be paid out.
Traders With Edge Profit Sharing and Payouts
As mentioned earlier, the profit split at Traders With Edge is 80/20, allowing traders to keep 80% of the net profits generated. This applies to all trader funding programs.
For the Challenge program, traders will only start earning profits after passing Stage 1 and receiving a funded account. For One-Step and Direct Funding, traders can begin withdrawing profits immediately after funding.
There are no withdrawal fees or commissions charged on payouts. The total amount requested above the minimum threshold is sent via your chosen payout method.
| Account Type | $2.5 K | $5K | $10K | $25K | $50K | $100K | $200K | $500K | $1 Million |
|---|---|---|---|---|---|---|---|---|---|
| Turtle | ❌ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Hare | ❌ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | $400K | ❌ |
| Instant | ✓ | ✓ | ✓ | $20K | $40K | ❌ | ❌ | ❌ | ❌ |
Traders with Edge Additional Benefits and Opportunities
In addition to the funded trading accounts, Traders With Edge provides some unique benefits and opportunities for traders.
Potential for Larger Funds
By consistently growing funded accounts, traders can be granted access to company capital up to $3,000,000+ to scale up their trading.
Partnerships
Successful traders may have opportunities to partner with or join larger prop trading firms through TWE's relationships.
Traders with Edge Reviews of Successful Traders
Checkout what the successful traders have to say about their experience with Traders With Edge by reading their honest reviews in the picture below:
FAQs on Traders with Edge Payout
What are the available payout methods at Traders with Edge?
Traders with Edge offers a variety of payout methods for your profit share. These include Fasapay, Payeer, Payoneer, Perfect Money, Wise, Bank Transfer, BTC, USDT, and Paypal. The minimum payout is $50 for most methods, but for BTC, USDT, and Paypal, the minimum payout is $100.
What is the frequency of payouts at Traders with Edge?
Traders with Edge allows traders to request a payout once every 14 days.
What is the process to request a payout at Traders with Edge?
To request a payout, you need to head over to your Trader dashboard and locate the ‘profit share' section. Here, you will find all your funded accounts listed with the withdrawable profits. You must have traded for at least 10 days and be in profit to be eligible for a payout. Also, you must complete your KYC (Know Your Customer) process to be paid out.
What is the profit split for payouts at Traders with Edge?
The profit split at Traders with Edge is 80% for traders in the Turtle and Hare programs, which are the ones that have 1-step or 2-step evaluations. For the instant funding accounts, the profit split is 50%.
Summing Up
As an experienced user of Traders with Edge, I've found it to be a reliable platform for prop trading. The payout system is commendable, with a minimum payout of $50 through various payment methods, and an impressive 80% profit split on a Turtle Account.
The Traders With Edge platform is user-friendly and offers a wide range of trading assets, making it a versatile choice for traders of all levels. The community is active and supportive, and the company's initiatives, like the “Write to Trade” program, show a commitment to inclusivity and trader development.
However, as with any trading platform, success isn't guaranteed and depends largely on individual trading strategies and market conditions. Overall, Traders with Edge provides a promising platform for both aspiring and experienced traders.
