profit split changed on me after i was already funded, is that allowed
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signed up under an 80 percent profit split, traded my way to funded, and now the firm has announced a change to the split terms going forward. im annoyed, i made decisions based on the original deal. is it normal and allowed for a prop to change the split after youre already funded, or is this a sign to leave?
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check whether the change applies to your existing funded account or only to new signups. firms can change terms for future customers freely, thats normal. changing the split on traders already funded under a stated deal is far more questionable and depends on what the terms you agreed to said about their right to amend. read your original agreements clause on changes, that determines whether this is allowed or a breach of the deal you accepted.
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the existing-versus-new distinction is everything. if theyre only changing it for new customers and grandfathering you on 80, thats completely normal business. if theyre retroactively cutting the split on your already-funded account, thats a trust issue even if a broad amendment clause technically permits it. a firm that worsens the deal on existing funded traders is showing you how it will behave when its convenient for them.
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if they can change the split after youre funded, then every number they advertised was always provisional and the 80 percent was marketing, not a promise. the lesson isnt about this one change, its that the deal was never fixed and you should withdraw earnings fast precisely because terms can move under you.
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the troll captures the real takeaway. whether or not this particular change is contractually allowed, it teaches that prop terms are mutable and your protection is to not be over-invested in any single firms unchanging goodwill. i treat advertised splits as current-not-guaranteed, withdraw regularly, and stay ready to move. if a firm worsens terms on funded traders, i finish withdrawing what i have and shift my focus elsewhere, calmly rather than in a panic.
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