At UltraCap Trading, our Live Portfolio Managers (LPMs) are compensated through a bi-monthly Payout Process. Once you’ve met the performance criteria outlined in your contract, you can submit an invoice for services rendered. This triggers our internal process, where we assess the surplus profits and prepare for their redistribution within our larger operational framework and funding partner technology products. Our finance team then processes the Payout Request via payment to the LPM nominated account/method.
Profits and losses in the live account are part of a wider pool of funding provided in a master account. Payouts to traders are fees paid to the traders aligned to the valid performance return of individual live accounts (profit split) and are validated at the time of meeting the requirements to request payout. Until the requirements are met, and a payout request/event is reached, any or all losses and profits in live accounts belong to the master margin account and pool.
What Payout Methods does UltraCap Trading provide?
At UltraCap Trading, we understand that flexibility is key when it comes to receiving your payout fees. That’s why we offer a diverse range of payout methods to suit your individual needs and preferences. Our payout options include:
- Bank Wire Transfer: A secure and straightforward way to receive your invoiced payout fees directly into your bank account in a range of countries.
- EFT (Electronic Funds Transfer): An efficient and convenient method to have your payout fees transferred directly to your bank account.
- Cryptocurrency: For the tech-savvy traders among us, we provide the option to receive your payout fee in Bitcoin or USDC.