Question on Prop Firm Payout

cptgorman

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So, if you are at a prop firm and they offer you a 50/50 split of profit, how do most firms pay that? In other words, lets say you made $1000 today, would you have access to $500 immediately or is it paid out at the end of the year? Thanks in advance.
 
cptgorman said:
So, if you are at a prop firm and they offer you a 50/50 split of profit, how do most firms pay that? In other words, lets say you made $1000 today, would you have access to $500 immediately or is it paid out at the end of the year? Thanks in advance.


Hmm did you also post this on elitetrader?

Anyway from what I understand, most prop firms pay out monthly.
 
Some do it monthly and some quarterly/annually. Generally you can only draw your account down to a set level after the 50/50 split. Often you are allowed to draw a minimum amount per month also whatever your PnL.
 
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