4. 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. After profit sharing is triggered to challengers or their uplines, the challenger's trading account balance will be reset to the initial funding amount. For instance, if a challenger profits $10,000 and profit sharing calculation is triggered, the trading account balance will be reset to the initial funding balance.

4. Profit Sharing Methods

   • Manual Distribution: The system calculates the profit distribution automatically. However, manual review and approval from you are required before the profit sharing amount is distributed to the recipients' wallet.

   • Automatic Distribution: The system autonomously calculates and distributes the profit sharing amount to the intended recipients' wallet. No manual intervention is needed.

5. Profit Sharing Settlement: Set the profit sharing settlement period in two ways:

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

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

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.

7. To setup profit sharing, please refer to this section for more details: Step 5

2. Manual Trigger for Profit Sharing Distribution

You can manually initiate profit sharing distribution to recipients 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 Challenge Settings and click "Participants".

   
2. Locate the specific challenger for profit sharing distribution 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.