London-based crypto prop trading firm My Crypto Funding (MCF) has launched a temporary initiative that allows its funded traders to request daily profit payouts. The offer is part of the firm’s ongoing “Promo Month.”
The promotion is set to provide traders with more immediate access to their earnings, which contrasts with the common industry practice of processing withdrawals on a weekly, bi-weekly or monthly basis. For the duration of the promotion, MCF traders can submit payout requests every 24 hours.
Vitor Alcalde, CEO of My Crypto Funding, connected the initiative to the company’s recent expansion, suggesting it is part of an effort to “push the industry forward by giving traders faster access to the capital they’ve earned.”
Pushing Industry Standards Forward
The launch follows another promotional event, a 30% discount flash sale, which began the company’s Promo Month. According to the firm, this series will feature new, time-limited offers introduced every 72 hours.
The ability to withdraw profits daily could potentially allow traders to reinvest earnings more quickly into their strategies. MCF asserts that the promotion aligns with its broader offerings, which include 24/7 trading to match crypto market hours and what it describes as ultra-low commissions.
Other firms in the prop trading sector are also refining their offerings to attract talent. In mid-August, Fintokei unveiled the fourth in a series of six planned platform enhancements, focusing on its SwiftTrader program. The revisions are intended to streamline onboarding and profit distribution. Under the new structure, traders who achieve a 3% profit gain become eligible to keep 100% of all subsequent earnings. The company has also automated its payout system to process withdrawals every two weeks, removing previous administrative hurdles.
That same month, Funded Trading Plus launched its new program called “Prestige Lite,” designed as a more accessible two-step evaluation process for traders. The firm says that the program, which features lower profit targets and a faster payout schedule, is receiving positive initial feedback for providing a clearer and lower-risk route to securing funded accounts.
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