Free guide · payouts
Know the full cost of getting paid.
Prop firm payouts often arrive in US dollars. If you live elsewhere, the conversion can take a noticeable share. Here is what to compare, and how Ches does it.
The steps
From the firm to your bank
- Request itUnder the firm’s payout rules: minimum days, minimum amount, buffer, consistency. Read them before your first funded trade.
- The firm paysBy the methods it offers. Check which ones before you request.
- It is convertedIf it arrives in US dollars and you live elsewhere, your bank or a transfer service converts it to your currency.
The hidden cost
Compare the rate, not only the fee
Banks often convert at a rate worse than the market rate, as well as charging a fee.
- The exchange rate used against the mid-market rate on the same day.
- Fixed and percentage fees, on both sides.
- How long it takes to reach your account.
- Your records: save every payout confirmation and conversion statement.
More free guides
Payout rules differ by firm
The prop firm guide shows what to check: split, frequency, minimums, buffers, and what a payout does to your drawdown.
This page is general information, not tax, legal or financial advice. Rules differ by country and change: speak to a qualified adviser where you live.
Results not guaranteed. Not financial advice. Trading futures and CFDs carries a high risk of loss and is not right for everyone; only trade money you can afford to lose. A prop firm evaluation is a product you buy: passing it is not guaranteed and a funded account can be lost. Nothing here is a promise of payouts or income.
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