Withdrawals in Profit Sharing

All you need to know about withdrawals as a Fund Manager

Updated over a week ago

A frequent question by all Fund Managers is, "if an investor withdraws, does it affect the strategy?". We will clear it up in this article.

💡Before starting, we recommend reading this article: "Manage funds inside your service".

In this Article:

How does an investor withdraw from a Profit Sharing service?

All Profit Sharing services work with Pooled Accounts, also known as PAMM. The Fund Manager manages all investors' funds. Meanwhile, each investment represents a percentage of the balance.

Our top priority is to refrain from interfering with your strategies.

What is a Withdrawal request?

It is a process dependent on the available funds in the Standby Account. The withdrawals will wait until the account has enough funds. As a fund manager, you will be able to follow up on the withdrawal requests in the "Needed for a daily snapshot" section.

You can transfer funds from the Trading Fund to the Standby Account to cover the withdrawals. You are not required to close your investments. You have the option of using the available in the Trading fund or reducing your positions.

After transferring funds from your "Trading" account to your "Standby" account, it will take 24 hours for the daily accounting to be complete, then all requested withdrawals will be automatically processed!

If we detect there are withdrawals pending, we will send notifications of the amount needed to transfer into the StandBy account! This ensures traders are always aware if investors are waiting for their funds. 💡

Did this answer your question?