Yes, you can withdraw profits from competition accounts if the competition rules allow it. However, there are often caps on the amount you can withdraw from competition winnings. For example, profits per withdrawal are capped at 2% of the account balance. These restrictions ensure that traders focus on demonstrating their long-term profitability rather than making quick, risky trades for short-term gains.
The withdrawal process for competition accounts is straightforward, and you can request payouts through the same methods available for funded accounts. Be sure to review the specific competition’s payout rules to understand any limitations or conditions that may apply.