Payout Request Process and Profit Splits
❓When can I request a payout?
Here's how you can request a payout for a 1-step evaluation:
As for the 1-step evaluation, you can request a payout after completing 21 trading days in the live phase, starting from the date of your first placed trade, and executing at least 5 trades.
Each trade on the 1-step evaluation must also meet the minimum duration requirement of 1 minute to withdraw funds.
Here's how you can request a payout for a 2-step evaluation:
As for the 2-step evaluation, you can request a payout immediately after your first profitable trade in the live phase, provided all compliance requirements outlined in your account dashboard are met.
❗Note
For traders who prefer faster payouts, we offer an optional add-on for bi-weekly payouts. This allows you to receive profits every two weeks, subject to additional fees.
❓What does bi-weekly payouts mean?
Bi-weekly payouts mean that eligible traders receive their profits every two weeks, subject to completing the required trading days and meeting all criteria.
❓How are payouts for the 1-step accounts calculated?
First payout calculation: 50% profit split.
Second payout calculation: 70% profit split.
Third payout and beyond calculation: 80% profit split.
❓How are payouts for the 2-step accounts calculated?
Standard payout calculation: 80% profit split.
Add-on available for 90% profit split.
Withdrawal Methods and Payout Processing
❓How can I withdraw my profits?
Profits can be withdrawn through our trusted partner Riseworks.io, our secure payment processing partner.
Ensure you use the same e-mail address as your WeFund email.
Available withdrawal methods include bank transfers, cryptocurrency payments, and supported e-wallets.
Simply follow the withdrawal instructions in your WeFund dashboard to initiate the process.
❓Which withdrawal methods are available?
WeFund uses Rise as our trusted payment processing partner to handle all payouts securely. Rise offers the following withdrawal methods:
Bank Transfers: Direct deposits to your local or international bank account.
Cryptocurrency Payments: Withdrawals via popular cryptocurrencies.
Payout Timing
❓How long does it take to receive payouts?
❗Note
At WeFund, we prioritize fast payouts. Most clients receive their funds in their Rise account within 24 hours of payout approval. External delays beyond this are typically out of our control but handled as efficiently as possible.
The time to receive your payout depends on the withdrawal method chosen and external factors such as your bank, currency, or blockchain network. Here's a detailed breakdown:
Payouts to Fiat Transfers:
USD Transfers to US-Based Banks (e.g., traditional banks, excluding neobanks): Usually within a few hours.
Forex Transfers into Local Currency: This has the most variance, ranging from a few hours to up to 3 business days, depending on the country and currency.
USD Transfers to International Banks: Typically up to 3 business days.
Payouts to Crypto Withdrawals:
Ethereum Mainnet: Usually takes a few hours.
Arbitrum or Other Fast Chains: Almost instant.
Note on Payout Speed:
Funds typically appear in your Rise account within seconds after WeFund sends the funds.
External factors, such as the recipient bank's processing time, blockchain congestion, or additional compliance checks, may cause delays.
❓How long does it take to process a payout?
WeFund strives to offer lightning-fast payouts, ensuring a seamless experience for traders:
Crypto Payouts: Processed instantly for maximum convenience.
Bank Transfers: Completed within 1 hour to 3 business days, depending on your bank.
Delays may occasionally occur due to verification or compliance checks, but we prioritize efficient and transparent processing for all payout requests.
❓What happens if my payout is delayed?
We strive to process payouts as soon as possible. However, if your payout is delayed, check your dashboard for updates or contact WeFund’s support team for assistance.
Delays may occur due to incomplete KYC verification, holidays, or issues with the selected payment method.
WeFund is committed to providing a clear explanation for any delays at all times.
Payout Modifications and Fees
❓Can I change my payout method after submitting a request?
No, once a payout request is submitted, the selected payout method cannot be changed.
❗Note
Ensure you select the correct method before confirming your request.
❓Are there fees for payouts?
When processing payouts, fees may apply depending on the chosen withdrawal method. These fees are determined by the payment method provider and are the responsibility of the trader.
It is essential to review the applicable fees before finalizing your withdrawal to ensure clarity and avoid surprises. All details will be provided during the withdrawal process in your dashboard.
❓Is the profit split withdrawn from the payout?
Yes, the profit split agreed upon during account setup is deducted from the payout before it is transferred to your account.
❓What happens if my payout is denied?
If your payout request is denied, you will be notified with a clear explanation outlining the reason. Our WeFund support team is here to guide you through resolving the issue, ensuring you can address any concerns and reapply for your payout successfully.
Payout Certificates
❓Do I receive a certificate for my payout?
Yes, traders receive a digital certificate for each successful payout, as well as for passing the challenge phases. These certificates recognize your achievements and key milestones in your trading journey.
You can find and download your certificates in your dashboard by navigating to the left menu and selecting "Certificates."
❓Are payout certificates mandatory to withdraw funds?
No, certificates are for recognition purposes and do not affect your ability to withdraw funds. They are available for download in your dashboard under "Certificates."
Payout Requirements and Limits
❓Is there a minimum amount for payouts?
Yes, there is a minimum payout amount depending on the withdrawal method. These details can be found in your account dashboard under the payout section.
❓Can I request multiple payouts in the same period?
No, multiple payouts in the same period cannot be requested. Payouts follow the set schedules based on your account type and evaluation stage:
1-Step Evaluation: Payouts can only be requested every 21 days after meeting the requirements of at least 5 executed trades.
2-Step Evaluation: Payouts are available immediately after your first profitable trade in the live phase, and subsequent payouts align with the bi-weekly payout schedule.
Profit Split Structure
❓What is the profit split structure for payouts?
For traders in the 1-step evaluation, the profit split structure is as follows:
First Payout: 50% of profits.
Second Payout: 70% of profits.
Third and Subsequent Payouts: 80% of profits.
For traders in the 2-step evaluation, the profit split structure is as follows:
Payout: 80% of profits.
With add on: 90% of profits.
In the 10x Trader Scaling Program, eligible traders can earn up to 95% profit split, offering the highest rewards for consistent and scalable performance.
Account Issues
❓What if I have an issue with my Rise account?
If you encounter issues with your Rise account, please contact Rise support directly or reach out to WeFund’s support team for guidance.