Performance Fee
The Performance Fee is the fee paid by followers to the signal provider based on their profits, calculated according to the agreed percentage.
Formula
Performance Fee = (Highest Watermark of the Current Period − Historical Highest Watermark) × Performance Fee Percentage
Highest Watermark of the Current Period = The current highest value of the follower’s account (settled P/L of the current period + floating P/L).
Historical Highest Watermark = The historical highest value of the follower’s account (total settled P/L + floating P/L).
Billing Cycle:
- Every two weeks (14 days)
- Monthly (30 days)
- Quarterly (90 days)
- Semi-annually (180 days)
- Annually (365 days)
Fee Ratio
The performance fee rate can be set from 0% to 20%.