At what point is the fully refundable fee returned?

• Program: Refunds only apply to the Ability challenge and Ability one program.
• Eligibility: Traders are entitled to a refund after successfully passing the two-phase challenge and becoming an Audacity Trader.
• Processing: The refund will be processed along with your first payout from trading on a live account.

Note: Refund fees are processed alongside the first payout, provided the payout amount exceeds the fees.

Additionally, the account must remain compliant with all rules to be eligible for both the refund and payout.