Are there any fees for participating in Copy Trading?
Copy Trading allows clients to copy trades from Signal Providers. While there are no management or subscription fees for participating in Copy Trading, other trading-related costs or Profit Sharing may apply depending on the applicable conditions.
There are no management or subscription fees for participating in Copy Trading. However, Signal Providers and Copiers may still incur other charges, such as trading costs and Profit Sharing, where applicable.
Fees and Costs
Commission Charges per Transaction
Commission charges vary depending on the account type:
- Standard Account: No commission.
- Prime Account: USD 3.50 per side per lot.
- ECN Account: USD 1.00 per side per lot.
- Cent Account: No commission.
Overnight Swap Fees
Positions held past the daily market close may be subject to swap fees, also known as rollover fees. The applicable swap amount depends on the trading instrument and position.
Profit Sharing
- Profit Sharing may apply to Copiers when the applicable requirements are met.
- Each Signal Provider's strategy may set their own Profit Sharing ratio, up to 50%. The applicable ratio is displayed before you start copying the Signal Provider.
- Profit Sharing is charged based on eligible new profits under the applicable High Water Mark mechanism.
Important Information
- Signal Providers and Copiers may incur standard trading costs, such as spreads and/or transaction fees, where applicable.
- Positions held overnight may incur swap fees.
- Profit Sharing may apply to Copiers if the applicable requirements are met.
- The Profit Sharing ratio may be set by the Signal Provider, up to 50%.
