Payouts, FAQ
When can I request a payout?
Once your Elite account meets the payout requirements, a payout button appears in your dashboard.
How will I be paid?
It depends on the amount.
Payouts of 500 USD and above go through Rise, with no withdrawal limits. Inside Rise you choose cryptocurrency or fiat, including bank transfer in your local currency.
Payouts below 500 USD are processed exclusively in cryptocurrency. You will need to provide your wallet details when you request.
What fees apply?
Both Rise and crypto transfers carry fees, which are deducted from the payout amount you request.
For payouts of 500 USD and above processed through Rise, a fee of 40 USD is deducted. This covers money transfer costs, platform usage and related expenses. For crypto payments the fees are 3% of requested amount.
How does Rise work?
Rise is the payment platform we use to process payouts. Before your first payout you need two things: identity verification through Veriff in your Funded Elite dashboard, and a free Rise account with their own additional verification completed. Both are KYC (Know Your Customer) checks, required by financial regulations to prevent fraud.
Inside Rise you add and control your own withdrawal method, and you choose how you want to be paid each cycle. That can be a bank transfer in your local currency, stablecoins or other crypto to your wallet, or a split between the two. Rise supports 100+ crypto assets and 90+ fiat currencies across 190+ countries.
Rise is SOC 2 Type II certified, GDPR compliant, and a registered Money Service Business with FinCEN, so every payment is secure and fully traceable.
How long does it take?
Once your request is approved, funds are sent to your chosen method. Bank transfers take 1 to 3 days. Crypto usually arrives within hours.
Do I need to complete KYC?
Yes. KYC verification through Veriff must be completed before any payout can be processed, and it is also a prerequisite for activating your Elite account in the first place. Failure to complete verification may result in delay or denial of payouts.
Can I have the payout sent to someone else?
No. Payouts are released only to an account held in the same name as your registered Funded Elite profile. This is both a contractual condition and an AML requirement.
What is the Risk Interview?
We may ask you to attend a verification interview, including by video, at any stage. This can happen before or during payout processing, after activity that triggers our risk monitoring, or at any time we need to confirm compliance.
The interview confirms that you are the sole operator of the account and that your strategy is consistent, replicable and genuinely skill based.
You must schedule and attend within five business days of the request. Failing to do so results in denial of any pending payout, cancellation of associated accounts and termination of the relationship. Successfully completing a requested interview is a mandatory condition for approval of any payout and for any scaling or account upgrade.
Why might a payout be delayed or denied?
Payouts are processed only when all of the following are true: KYC and Rise verification are complete, all trading rules and drawdown limits have been respected, any requested Risk Interview has been completed, you are in full compliance with the Trader Agreement, and the receiving account is in your own name.
We also reserve the right to delay or withhold a payout while an investigation, interview or verification is pending.
About AML and the payment method we use
Funded Elite is operated by Quantum SRL, a company based in Italy, so we operate under Italian and European Union Anti Money Laundering (AML) law. AML rules exist to prevent money laundering, fraud and the financing of illegal activity. In practice they require regulated businesses to verify who their customers are and to keep the movement of money transparent and traceable.
One standard AML control is the source of funds principle, sometimes called a closed loop. It means that, where the regulations require it, money should return to the same verified account and payment method that the customer originally used to pay. For this reason, we may process your payout, or a portion of your payout, back to the same payment method you used to purchase your account. For example, if part of your purchase was made by card or bank transfer, that portion of your earnings may be routed back to that same source before any remaining balance is paid out through your chosen Rise method.
This applies only when AML regulations require it. In all other cases you remain free to choose your preferred withdrawal method inside Rise or crypto.
We may also request documentation at any stage, including government issued identification, proof of address and proof of source of funds.