The Funded Trader announces transparency update. The average payout time is 55 hours, with delays of up to 7 days due to a March backlog. Efforts are underway to resolve delays.
The Funded Trader announces transparency update. The average payout time is 55 hours, with delays of up to 7 days due to a March backlog. Efforts are underway to resolve delays.
Featured News: The Funded Trader announces transparency update. The average payout time is 55 hours, with delays of up to 7 days due to a March backlog. Efforts are underway to resolve delays.
The Funded Trader has issued a transparency update regarding its payout processes. The firm has detailed its average payout times over the past 30 days to keep its traders informed and accountable.
According to the update, The Funded Trader processes payout requests in an average of 55 hours from the time of the request. This figure represents a commitment to efficiency and transparency, reflecting the firm’s ongoing dedication to improving its operations.
However, the firm also acknowledged variability in payout times. The shortest wait time recorded was just 1 hour, showcasing the firm’s capability to handle requests promptly under optimal conditions. Conversely, the longest wait time observed was seven days. The firm has been working to resolve a backlog, which has caused the extended delay.
The backlog in question dates back to March, and the firm has been addressing it as a priority. The Funded Trader assured its clients that it is making significant efforts to clear these delays and streamline the payout process.
The Funded Trader expressed gratitude for their clients’ patience and continued support in their statement. “We’re working hard to clear the backlog from March,” the firm emphasized. “Thank you for your patience and support as we continue to improve our services.”
The update underscores The Funded Trader‘s commitment to transparency and operational excellence as it strives to enhance its service and maintain trust with its trading community. By openly sharing detailed information about payout times and the measures it takes to address delays, the firm reinforces its commitment to building and maintaining trust with its trading community.
However, the update and ongoing efforts to improve processing times reflect a concerted attempt by The Funded Trader to reassure its trading community and restore trust.
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