When you are trading with a prop firm like Soar Funding, the understanding of its payout process is important. If you are an experienced trader or just starting, you have to know about how Soar Funding compensated its traders, the profit split and payout types can influence your trading strategy. We are gonna break down everything in this blog.

How Soar Funding Payouts helps Traders

Soar Funding is the prop firm which offers funded trading accounts to the talented traders. Traders receive a share of the profits from the firm in exchange for using their funds. This model allows traders to have an attractive profit split with success but with limited funds. 
 

How to get Fund in Soar Funding?

Soar Funding offers different payout methods to traders to make it easier for them to receive their profits.
 

Bank Transfers

Bank transactions are one of the most common and secure methods of receiving profits. After the traders earn their profit split, the bank can claim the transaction. Normally, these transactions can take up to 1 to 3 trading days, which depends on your location and your bank's processing times.

PayPal Method
PayPal is a great option for traders who want to get payout faster. It is a common, fast, convenient and reliable method to get funds. Many traders prefer PayPal because of its speed and the fact that money can often be received in a matter of hours.

Cryptocurrency Payments
Soar Funding has adopted new developments, by offering cash transactions through cryptocurrency. Traders can choose a variety of digital currencies including Bitcoin (BTC), Ethereum (ETH) and others. Crypto payments offer low fees and fast transactions which especially give benefits for global traders.

Soar Funding Profit Split

One of the important aspects in the payout structure of Soar Funding is to understand profit split. The prop firm offers competitive profit sharing as a reward for the performance of the traders.

Soar Funding actually uses a 75/25 profit sharing system (75% for traders and 25% firm specific). This makes it a more rewarding prospect compared to other prop firms as many others offer lower profit splits.

Exclusive profit split can change based on a few factors such as,

Performance: Traders who continue to profit may be rewarded with a higher profit split as a reward.

Account Status: There may be profit splits vary to different account sizes. For example, greater account levels may have higher profit split.

Plans for Action: Prop firms like Soar Funding, are able to increase their profit split for traders as they reach some important targets.

The profit split system in Soar Funding is designed to motivate traders to perform better and also giving the opportunity to receive a profit split for the firm’s sake.

Soar Funding Payout Frequency

Another important aspect of payout structure in Soar Funding is to understand how often traders can withdraw their profits. Money transactions depend on the rules of the prop firm and the performance of the trader's account.

Weekly Payout

As per traders’ choice to earn a steady income with current trading, weekly money transactions are available.

Monthly Payout
Some traders may prefer monthly payments. These monthly payouts are suitable for traders who are focused on long term trading, as the profits there may not add-on quickly in their funded accounts.

Custom Payout Schedule
Soar Funding sets targeted limits on how frequently traders can request payouts in the firm.
 

Final Thoughts

Understanding the payout structure of Soar Funding is important to increase your earnings. Knowing the pattern of money flow, profit splits and payout frequency, will be able to plan your trading style accordingly. Whether you are new to this firm or already a trader on Soar Funding, the profit split and flexible payout system offered with this firm's attractive business opportunity makes it a strong choice for you.

It's easy to get your money's worth from Soar Funding!

You can choose between a bank account, PayPal or Crypto. Start now, make a profit every week on Soar Funding with less restrictions and more freedom.

With the help of The trusted Prop, you can make use of the opportunity.