The trader's first Trading Cycle lasts for 21 days, and they receive their first Payout after this period. Following that, each Trading Cycle is two weeks (14 days) long, with a Payout afterward.
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For example, if the trader's cycle begins on August 1st, it ends on August 21st. Then, the next 14-day Trading Cycle starts on August 22nd and ends on September 4th. 
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It's important to understand that the trader's Trading Cycle is 14 days only if they've made a profit and can request a Withdrawal in the previous cycle. This option becomes available after receiving the first Payout In the account.