How will the withdrawal process work at Ylos Trading?
The withdrawal process for Master Accounts (including Funded Accounts from No Activation Fee and Instant Funding) at Ylos Trading is calculated per account and follows these steps:
Eligibility for Withdrawal (Per Account):
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For standard Master Accounts, you must trade for at least 10 days in the month, with at least 7 winning days (a winning day is defined as one ending with net gains of at least $50.00). For Instant Funding accounts, this requirement is adjusted to 5 trading days with at least 5 winning days, each with net gains of at least $200.00.
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The account balance must be above the drawdown value plus $100.00 (e.g., $52,600 for a 50K account).
Withdrawal Request:
Withdrawal Limits and Percentages (Per Account):
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The first 4 withdrawals for each account must occur within the first 60 days of the account’s activation and are subject to predefined limits. Up to 50% of the account’s cushion can be withdrawn during these 4 withdrawals.
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If you complete the 4 withdrawals within 60 days, you can withdraw any amount of available profit above the cushion without a ceiling limit, but you cannot withdraw from the cushion anymore.
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If you fail to complete the 4 withdrawals within 60 days, you remain restricted to the account’s initial withdrawal limits and can only withdraw up to 50% of the cushion for all future withdrawals, unless invited to become a Broker, which allows withdrawals above the ceiling limit and the remaining cushion.
Commissions:
Commissions are applied based on the user’s total accumulated profit across all accounts:
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Profits up to $15,000: 0% commission (100% to the trader).
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Profits between $15,000 and $30,000: 10% commission (90% to the trader).
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Profits above $30,000: 20% commission (80% to the trader).
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The commission is deducted at the time of withdrawal, based on the user’s cumulative profit.
Confirmation and Processing:
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Ylos Trading has up to 3 business days to confirm or reject the withdrawal request.
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Upon approval, payment is released within 5 business days. Funds are transferred by a U.S.-enabled company, accompanied by an invoice (proof of payment) valid for tax purposes worldwide.
Account and Withdrawal Lock:
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The account remains active during the withdrawal process, but the requested amount is immediately deducted from the specific account’s balance. If the withdrawal is rejected, the amount is returned to the account.
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If the account reaches the maximum drawdown (“breaks”) between the withdrawal request and payment, the withdrawal request will be canceled.
Withdrawal Windows:
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There are no specific “withdrawal windows”; you can request a withdrawal at any time, provided you meet the trading and balance requirements for the specific account. However, the first 4 withdrawals must be made within the first 60 days of the account’s activation to unlock unlimited withdrawals above the cushion (unless invited to become a Broker).