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First-Time Payout Process

Requesting Your First Payout from YRM Prop

Updated yesterday

When you're ready to withdraw profits from your YRM Prop account for the first time, you'll need to complete our verification process. This one-time procedure ensures secure and compliant fund transfers.

Eligibility Requirements

Before requesting your first payout, ensure you meet these criteria:

  • Completed minimum 10 trading days on your account

  • Maintained the required consistency metric (20% for Instant Funding, 35% for Prime)

  • Have available profits within your payout cap limit

  • No active rule violations on your account

Please note: The minimum payout request is $1,000.

KYC Verification Through Rise

For your first payout, you must complete a Know Your Customer (KYC) verification through our payment partner, Rise:

  1. Initial Payout Request: Submit your payout request through your YRM Prop dashboard

  2. Rise Registration: You'll receive an email invitation to register with Rise

  3. Identity Verification: Upload required identification documents (valid government ID, proof of address)

  4. Information Submission: Provide necessary personal and tax information

  5. Verification Review: Rise will review your submission (typically 1-2 business days)

  6. Approval Notification: You'll receive confirmation when your KYC is approved

Required Documentation

Prepare these documents for your KYC submission:

  • Government-issued photo ID (passport, driver's license, or national ID card)

  • Proof of address (utility bill, bank statement, or official correspondence less than 3 months old)

  • Additional documentation may be required based on your region or withdrawal amount

After Verification

Once your KYC verification is complete:

  • Your first payout will be processed within 24 hours

  • Future payouts will not require repeating the KYC process

  • You'll only need to re-verify if requested by our compliance team

Important Notes

  • KYC verification is a one-time requirement unless specifically requested for re-verification

  • Your payout capacity follows the established cap structure based on account size and payout number

  • Verification details are securely stored in compliance with data protection regulations

  • For technical issues during verification, contact Rise support directly through their portal

Complete your verification promptly to ensure smooth processing of your first payout and all future withdrawals from your YRM Prop accounts.

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