10. Profit Sharing

1. Profit Sharing Policies

1. Profit sharing distribution enables you to disburse a percentage of your challengers' trading Profit and Loss (PNL) to both the challenger and their uplines.

2. Profit sharing will not be distributed if the challengers' PNL is negative.

3. Profit Sharing Disbursement Steps:

   • Profit Sharing Settlement: The system calculates the profit sharing amount to be paid out. Once this is completed, the challenger's trading account balance will be reset to the initial funding amount. For example, if a challenger profits $10,000 and profit sharing is distributed, the trading account balance will be reset to the initial funding balance.

   • Profit Sharing Payout: The calculated profit sharing amount is distributed to the challenger's CRM wallet.

4. Profit Sharing Settlement Periods:

   • Every Fixed Number of Days: For instance, if set to 5 days, profit sharing distribution will occur every 5 days. If a challenger successfully passes a stage on January 10, the profit sharing distribution will occur on January 15.

   • On a Specific Day of the Month: For example, if set for the 25th of the month, profit sharing distribution will occur on the 25th of every month.

   • Manual: Profit sharing settlements will only be triggered manually by you. However, the system will automatically initiate profit sharing settlement when a trader passes or fails a challenge.

5. Profit Sharing Methods

   • Manual Distribution: Requires manual review and approval before the profit sharing amount is distributed to the recipients' wallets.

   • Automatic Distribution: The system automatically distributes the profit sharing amount to the intended recipients' wallets without manual intervention.

6. Profit Sharing to Uplines:

   Define which client types are eligible to receive profit sharing distribution (Traders or IBs). If selecting all clients, profit sharing will be paid out to uplines regardless of their client type. Choosing only "IBs" means that only uplines who are IBs will receive profit sharing, and uplines categorized as "Traders" will not receive any profit sharing.

2. Manual Trigger for Profit Sharing Distribution

You can manually initiate profit sharing settlement outside the scheduled settlement period. Do note that manual triggering of profit sharing is not possible if the challenger has open positions.

To manually trigger profit sharing distribution, follow these steps:

1. Navigate to Participants.

2. Locate the specific challenger for profit sharing settlement and click the "Profit Sharing" icon.

   
3. A popup notice will appear for your confirmation. Click "Confirm" to proceed with the distribution.

   
4. You can manually trigger profit sharing for each challenger only once a day. If you've already initiated the process on a given day, an error message will appear to notify you that it has already been completed.