The Prop Firm Payouts Tracker is an essential tool for facilitating transparency into payout activity across firms listed on Prop Firm Match. The Payouts Tracker is mutually beneficial to firms and their traders, as it provides visibility into payout totals, payout counts, and typical processing times based on tracked data rather than firm-submitted claims. This article reviews the inner workings of the Payouts Tracker, thereby ensuring both prop firm admins and traders obtain the most value from this feature unique to Prop Firm Match.
What Is the Prop Firm Payouts Tracker?
Prop Firm Match provides traders the ability to compare payout activity across firms, thereby offering transparency into one of the most important factors in the prop firm industry, payouts. This tool helps traders understand payout totals, payout volume, and typical processing times across firms, while also affording firms a way to showcase their payout performance. The data reflected in the Payouts Tracker comes from tracked payout records rather than firm-reported figures, feeding traders a more objective picture of what to expect when working with a specific firm listed on Prop Firm Match. Please note that only firms who have provided Prop Firm Match with automatic API access to their payout data are reflected within the Payouts Tracker.
How It Works:
The Payouts Tracker is powered entirely by tracked payout data supplied through a firm's connected API. Below, we review the key metrics that make up the tracker:
Total Payouts - The cumulative sum of all tracked payouts processed by a specific firm within the selected timeframe.
Number of Payouts - The total count of individual payout records tracked for a firm, offering insight into payout volume and activity level.
Largest Single Payout - The single largest payout amount tracked for a firm within the selected timeframe.
Average Payout Size - The typical payout amount tracked for a firm, offering a sense of what traders commonly receive.
Median Payout Time - The typical waiting period between a payout request and completion. Median figures are less affected by unusually fast or slow outliers than an average would be.
Traders can filter this data by timeframe (last 7, 30, or 365 days, or All Time) and by market category (Forex, Futures, Crypto, or All) to ensure consistent comparisons across firms. Opening a specific firm within the tracker also affords traders the ability to review payout trends over time, recent payout records, and payout distribution by region.
Why Some Firms May Not Be Reflected:
Only firms who have supplied Prop Firm Match with automatic API access to their payout data appear within the Payouts Tracker. If a firm is not reflected, it simply means automatic payout tracking has not yet been established with that firm. Prop Firm Match does not maintain a running list detailing where each firm currently stands in this process. Traders are encouraged to use the Payouts Tracker as one of several tools, alongside a firm's Prop Firm Rules and verified reviews, when evaluating a specific firm listed on Prop Firm Match.
Value Points of Payout Time Tracker:
Transparency - Traders can review tracked payout activity to reduce uncertainty around a firm's payout performance.
Informed Choices - The tool aids traders in evaluating a firm's payout performance alongside other resources, such as verified reviews and Prop Firm Rules.
Consistency - By relying on tracked data rather than firm-submitted claims, the Payouts Tracker affords a consistent, objective view of payout activity across firms.
Prop Firm Match's Payouts Tracker is a valuable tool for both prop firm traders and prop firm admins alike. It provides traders with much needed transparency into perhaps the most critical aspect of the prop firm industry, payouts. Traders are encouraged to use the Payouts Tracker in conjunction with a firm's rules and verified reviews to paint the most complete picture possible of a specific firm listed on Prop Firm Match.
For any questions regarding the Payouts Tracker, users are welcome to get in touch with our Support team via Live Chat or by emailing us at [email protected].