FundingTraders has introduced a new feature for KYC-verified traders. Users with an approved payout can now reinvest those funds directly to purchase new accounts or accumulate points for future use.
Challenge Convert and FT Points
This update provides two main ways to manage earned profits efficiently:
- Challenge Convert: Allows for the immediate purchase of a new account using the approved payout balance.
- FT Points: Traders can choose to convert their balance into points for later purchases.
Benefits and Conversion Rate
Both options include a significant financial incentive, offering an effective 55% discount. The established conversion rate is 2.2 FT Points for every $1 converted.
Balance Management
If a trader chooses not to convert their entire payout, any remaining balance not used for Challenge Convert or FT Points will be processed and sent via the user's standard payment method.
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