The performance fee in copy trading is a percentage-based fee set and charged by the signal provider based on the profits generated from their trades in your account. The specific rate can vary between different signal providers and is only applicable when the trades are successful.
Performance fees can be calculated instantly, daily, weekly, or monthly, depending on the signal provider’s preference. These fees are deducted in arrears, based on the total aggregate profit achieved, considering all closed and open positions, and are subject to a High Watermark. Each signal provider’s copy trades are considered independently, meaning losses from one signal do not affect the performance fees owed to another.
