Considering new prop firms, some tout faster payouts but hit you with higher internal transfer fees vs. a bank wire. Are folks prioritizing speed over cost or is it a case-by-case evaluation of total withdrawal cost?
That's a great question. I've found it really depends on the size of the payout and your immediate liquidity needs. For smaller, more frequent payouts, the transfer fees can really eat into profits, making a bank wire more attractive despite the wait.
It's definitely a case-by-case evaluation. For smaller, more frequent payouts, the internal fees can eat a lot more into profits than a less frequent but larger bank wire, even with the longer wait.