The total profit generated after accounting for commissions, fees, and losses. It is the basis for payouts and performance evaluation.
Net profit is what traders actually keep after all expenses. High gross profits don’t matter if commissions and fees eat into earnings.
A trader makes $12,000 in gross profits but pays $2,000 in commissions and fees. Their net profit is $10,000.
The total fees charged for both opening and closing a futures position (a full trade cycle).
The percentage of trading profits shared between the trader and the prop firm. For example, a 70/30 split means the trader keeps 70% of the profits.
The trader’s entitlement to profits before the split is applied, often used for specific promotions or payouts.
How and when traders can request a payout from the prop firm. Many firms require requests to come in certain windows and take a pre-defined amount of time to payout.
How long it takes to get your payout request approved.