If you have created a paid for Account - users can only copy your account if they pay your subscription fee.
To set-up a Subscription fee on your profile - you must first have a live trading account attached.
Then from 'Account' under 'Manage', select to 'Charge a fee to be copied'. Enter the Fee, this can be monthly or an annual fee.
You will then receive a confirmation message - that your Charge is now ACTIVE.
COLLECTING YOR FEES - Subscription fees are paid directly to our central administration portal. So monthly we need to pay you your fees.
You will need to send an invoice to email@example.com at the beginning of each month. The total value should be calculated as:
Total number of members for the previous month X value of Account 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 Account 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
- SWIFT/BIC code
We aim to pay you within 10 days.