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Frequently Asked Questions

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All collectionsReward Payments, Reward Splits & Finotive Pay

Reward Payments, Reward Splits & Finotive Pay

Reward Payments, payout timing, minimum request amounts, Reward Splits, reductions, Finotive Pay, and taxes.

What is a Reward Payment?

What is Finotive Pay?

Can I use Finotive Pay for other Finotive services?

When can I request my first Reward Payment?

How often can I request Reward Payments after the first one?

What are the minimum Reward Payment Request amounts?

Do I need to close trades before requesting a Reward Payment?

What conditions must be met before a Reward Payment can be approved?

Can Finotive delay, reduce, reject, reverse, or reclaim a Reward Payment?

What is a Reward Split?

What Reward Split applies to each account?

Can my Reward Split increase?

Can my Reward Payment be reduced to 10%?

What happens if I request a Reward Payment while a conditional rule is active?

Do Reward Payments affect scaling?

Are Reward Payments guaranteed?

Who is responsible for taxes on Reward Payments?

What happens to unpaid simulated profits if my account closes?