How is a Live withdrawal split?

Written by Phoenix Labs
Live FundingInvitation-only real-money accounts: how you are called, what moves with you, how your Live account works and how you withdraw.

You keep 70% of every withdrawal while your Vault pays, and 80% for life once it is empty.

A $1,000 withdrawal
Withdrawal$1,000
In your pocket (70%)$700
Once your Vault is empty (80%)$800

Your 70% is your 50% split topped up by your Vault: $500 + $200 on a $1,000 withdrawal. A withdrawal that crosses the end of your Vault is paid 70% on the part your Vault still covers and 80% on the rest, so no dollar is split twice.

Your share on the Live Desk
A sample Live Desk. Names and figures are fictional.
Traders called to Live from a Phoenix Trader Funding account have their own split, stated in their Live terms.

Was this article useful?

Can't find what you're looking for? Contact us