FTUK Updated Payout Levels & Rules: What’s New?

FTUK is here to offer comprehensive details about Payout Locker’s new system, addressing its updated payout levels and rules. Effective from June 1, all newly purchased and also passed accounts will be subject to these rules.

Understanding the challenges that traders face when dealing with a series of losing trades, FTUK has designed these rules to provide traders with a variable buffer for the limit of loss and its pressure tolerance, offering more flexibility instead of using a fixed number.

Also, accounts subject to these rules will now have a default drawdown limit of 8% instead of 6% for all levels until the first withdrawal request. Additionally, traders will be free to use profits from previous stages as buffers and drawdowns for their following levels, creating a safer zone for themselves to operate in the market for a long time.

FTUK Updated Payout Levels & Rules: What’s New?

In terms of payouts, a trader must log at least ten trading days for the first withdrawal request at each level. Following the first withdrawal request, the drawdown will be locked at the initial level of the account and unchanged until the trader reaches the 10% target and makes any number of withdrawals.

FTUK has provided comprehensive examples of these rules on its website and a related video for additional clarity. It is crucial to thoroughly understand and adhere to these rules when engaging with any prop company.

So, FTUK, with its updated payout levels and rules, aims to address the challenges that traders face when dealing with losing trades. The new rules provide traders with more flexibility and a variable buffer for the limit of loss and drawdown limit, creating a safer operating zone in the market. It’s important for traders to thoroughly understand and adhere to these rules when engaging with any prop company. 

About the Firm

FTUK follows the belief that everyone deserves a chance. That is why they are providing traders all across the globe with an opportunity to become a successful forex trader in an affordable way. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $90,000 and receive 80% profit splits.

Also, use our Discount Code (forexpropreviews) for a 10% Discount or read the Review.