If you have created a paid for group - users can only join your group if they pay your subscription fee.

Once the Group is set-up correctly, you will receive an email confirming your Group settings. Subscription fees are paid directly to our central administration portal. So monthly we need to pay you - you due fees.

You will need to send an invoice to support@pelicantrading.io at the beginning of each month. The total value should be calculated as:

Total number of members for the previous month X value of Group subscription.

Subtract 25.6% (which includes a 20% admin fee and a 5.6% transaction cost).

For example if you had 6 members for the month, and Group subscription fee = $50, you would need to raise an invoice for:

6 x $50 = $300 -25.6% = $223.20

Your invoice must include ALL of the following:

- Name of account

- Your address

- Bank name

- Address of bank

- IBAN

- SWIFT/BIC code

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