In the Legend account, 90% of the profit is allocated to the trader.
What happens to my profits if there is a violation on my funded account?
If your funded account is closed due to a violation, you will not lose all your profits. Here's how it works:
- Example Scenario:
- Initial Account Balance: $100,000
- Increased Account Balance: $110,000
- Profit Earned: $10,000
- Profit Share Calculation:
- Your share of the profit (90% of $10,000): $9,000
- Violation Scenario:
- In the event of a violation, you can receive 75% of your profit share.
- 75% of $9,000: $6,750
So, even if a violation occurs and your account is closed, you can still receive $6,750 of your earned profits.