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How do I withdraw my profits?
How do I withdraw my profits?
WeCopyTrade Team avatar
Written by WeCopyTrade Team
Updated over a year ago

Even though WMT Traders trade with fictitious capital only, they are entitled to obtain a reward in real money if they can generate “profit” on a WMT Live Account. Meaning if they can profitably trade the fictitious capital, proving their skills and the value of data provided in the process, they will receive a reward.

Instant withdrawals: at WMT, you do not need to wait for a long period before submitting the withdrawal request, as long as you achieve a Minimum Profit Target of 6% or 8% - click here to learn more (note: depending on your trading account size, we may offer a different profit target to withdraw) then you can successfully submit the withdraw request.

The procedure of withdrawing profit

  • Step 1: Archive the withdrawal profit requirement

  • Step 2: Submit your withdrawal request by navigating to My Profile and clicking on Withdraw. Please notice if your account achieves the withdrawal profit requirement then the button Withdraw will appear. Otherwise, you will not be able to see it.

  • Step 3: Receive approval email (take from 1 to 2 business days)

  • Step 4: Take a screenshot of your Confirmation Email Approval and send it to our Discord group here

  • Step 5: Once you successfully send the confirmation, your payout will appear in your account from 1 to 3 business days.

The payouts are processed within 1-2 business days upon confirming the invoice. You can receive your profits by a regular bank wire transfer, or other payment method here. We don’t charge any commissions for withdrawals. If you prefer to keep your Profit Split on account to grow and accordingly build up your balance and drawdown buffer, you can do so.

Just so you know, based on your original form of payment, it could take up to 1-3 business days for your payout to be posted to your account.

In addition:

  • Due to imposed fees for payout transfers, you might have to pay a small fee for it and it depends on your chosen payment method.

  • If you have any questions, please contact us via email at [email protected] or click here.

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