Questions & Answers
How to claim the money I earn and delay penalty from a prop firm?
Hello,
There is a prop firm refusing to give me my payout accusing me of copy-trading. Every time I provide evidence that I’m not copy-trading they ignore me and send me copy-pasted emails.
In their policy, they say that for every 24 hours the payout is delayed, they pay +$1,000.
Would it be possible to go after them legally for my payout?
And on top of that, the $1,000 for every 24 hours, they refuse to pay me or delay the process of making a decision on what they want to do?
The company is [-----] and they operate their HQ out of the UAE which is why I messaged you.
Thank you, Sir.
First, meticulously examine your trading agreement with the prop firm.
Look for clauses related to payouts, dispute resolution, and evidence requirements for proving your trading strategy.
Try escalating the issue within the firm. Request to speak with a supervisor or someone higher up in the chain of command.
Clearly outline your position and provide your evidence.
If you need further clarification we will discuss more.
