Here are answers to the most common questions traders have about the YRM Prop payout process.
When will I receive my payout?
All approved payout requests are processed within 24 hours and paid out through our partner Rise. Once processed, funds typically appear in your account within 1-3 business days.
What payout methods does Rise offer?
Rise provides flexible payout options to accommodate traders worldwide:
Bank Transfers: Direct transfer to your local bank account in your preferred local currency.
Cryptocurrency: Withdraw funds directly to your crypto wallet using supported cryptocurrencies and stablecoins.
Rise handles all currency conversions automatically and ensures compliance with local regulations in your country.
Why might my payout request be delayed or rejected?
Common reasons include:
Not meeting the minimum 10 trading days requirement
Failing to maintain the consistency rule (20% for Instant Funding, 35% for Prime)
Incomplete KYC verification
Suspicious trading patterns requiring additional review
Account rule violations under investigation
Do I need to complete KYC verification for every payout?
No. KYC verification through our partner Rise is a one-time requirement for your first payout only. You will not need to repeat this process unless:
Our compliance team requests re-verification
You change payment methods or personal information
Suspicious activity is detected on your account
Do I need additional verification for Live Account transition?
Yes. When selected for Live Account transition, our compliance team will contact you directly to complete additional KYC verification required for live trading.
Can I request partial payouts below my cap limit?
Yes, so long as it is above the $200 minimum. Beyond the minimum, you can request any amount up to your current payout cap (See "Payout Cap Structure" article). For example, if your cap is $3,000, you can request $1,500 if preferred.
What happens to profits above my payout cap?
Any profits above your current payout cap remain in your account and continue to grow your account balance. These funds become available for withdrawal in future payouts as per the payout schedule.
How is the payout cap determined?
Your payout cap is based on:
Your account size (25K, 50K, 100K, or 150K)
Which number payout you're requesting (1st, 2nd, 3rd, etc.)
The predetermined cap structure for your account tier
Why am I being moved to a Live Account?
Transition to a Live Account indicates that our risk management team has recognized your exceptional trading performance. This move represents our confidence in your ability to trade with real capital in live markets.
Will my payout be taxed?
YRM Prop does not withhold taxes from your payouts. However, you are responsible for reporting your trading income according to your local tax laws. We provide annual earnings statements upon request to assist with your tax reporting.
For any payout questions not covered here, please contact our support team through your trader dashboard or email support@yrmprop.com.