FunderPro and Refund Policy Updates
FunderPro has recently introduced a key update to their refund policy, aiming to enhance trader discipline and risk management. As of Tuesday, October 1st, refunds for successful traders will be processed alongside their first payout instead of immediately after passing the Challenge.
Rationale Behind the Refund Policy Change
The decision comes after observing that some traders were engaging in risky behavior after receiving their refunds early, leading to the loss of funded accounts. By tying the refund to the first payout, FunderPro aims to incentivize responsible trading and mitigate excessive risk-taking.
Enhanced Payout Process
This adjustment aligns with FunderPro’s commitment to offering one of the fastest and most accessible payout processes in the industry. Traders can request a payout as soon as they accumulate $50 in profits, with no mandatory trading days or payout limits, providing greater flexibility. The option for daily payouts remains a standout feature, ensuring traders can access their earnings promptly.
It’s important to note that this change only applies to accounts purchased on or after October 1st. Those who bought their accounts before this date will continue receiving refunds after passing the Challenge as per the previous policy.
Additional Support and Features
FunderPro has also been rolling out other features to support trader success, including the discontinuation of free trials and the introduction of a Loyalty Program that rewards consistent performance. This initiative further reflects FunderPro’s focus on creating a disciplined and growth-oriented environment for its traders.