Payout Options and Process πΈ
At Halcyon Trader Funding, we offer multiple payout options to ensure that you can easily access your earnings. Whether you prefer Plaid, ACH, Risework, Wire Transfer, or other methods, we aim to make the payout process as smooth and convenient as possible. Additionally, to protect the integrity of the process, we implement KYC (Know Your Customer) checks through Plaid. Below, you'll find detailed information on the available payout options and our verification process.
Available Payout Methods π¦
To ensure secure and efficient payouts, we offer the following methods for withdrawing your funds:
1. Plaid π¦
Plaid is a popular, secure, and easy-to-use method for linking your bank account to our payout system. It enables quick transfers to your bank account and is widely supported by U.S. banks.
-
Speed: Payouts via Plaid are generally fast, with funds often reaching your account within 1β2 business days.
-
Availability: This option is available for traders with U.S. bank accounts.
2. ACH (Automated Clearing House) π³
ACH transfers are a reliable method for withdrawing funds to your U.S. bank account. ACH is a widely used electronic transfer system.
-
Speed: ACH transfers typically take 2β5 business days to process.
-
Availability: This option is available for U.S. traders who wish to receive payouts directly into their bank accounts.
3. Riseworkπ
Risework is a secure and global payment processing platform that allows for efficient domestic and international transactions. It is ideal for traders outside of the U.S. but you are welcome to use either option if you are a U.S. Based Trader. We Offer Plane for those who may be in a restricted state, country or territory of Riseworks.
-
Speed: Payouts are typically processed within 2β3 business days.
-
Availability: supports international payouts, allowing non-U.S. traders to access their funds easily.
4. Wire Transfer πΈ
Wire transfers are a trusted method for large payouts and are available globally. This option allows you to send funds directly to your bank account.
-
Speed: Wire transfers can take anywhere from 1β3 business days, depending on the banks involved.
-
Availability: This method is available to both U.S. and international traders, with a focus on larger payouts.