To achieve transparency, one investor account can only connect to one trader at a time. If you want to distribute your funds among several traders, you need to open several investor's trading accounts at once.
A trader participating in the service receives a reward as a percent of his investor's profit. The trader determines the amount of the reward himself, which is known to the investor in advance, before he decides on which trader to choose.
Copying transactions
The volume of the transaction copied to the investor's account. It is proportional to the ratio of the funds in the investor's account and the funds in the trader's account.
Volume (inv)=Multiplier(%) × (Equity Inv/Equity Trader) × Volume(trader)
The equity parameter is taken from the trading platform, so it includes all credit and bonus funds on the trading account.
Reserve account
For the relationship between an investor and a trader, a special reserve account is created within the service. The potential trader's commission is frozen on this account. It is debited after each profitable transaction and is reserved in this account.
When registering an account and connecting to the service, a trader assigns a commission that he wants to receive from the profit of investors who copy his trading strategy. When a transaction is closed, a commission is debited from the investor's account and reserved on a special trader's account.
Commission = Profit × Fee(%)
The commission accumulated on the reserve account is distributed between the trader and the investor when making mutual settlements.
Mutual settlements
Mutual settlements - the procedure for distributing the commission between the trader and the investor at the end of the billing period. Within the framework of mutual settlements, the commission accumulated on the reserve account is distributed in a way, so that the trader receives only the reward that is due to him, namely, the percent set by the trader.
Reward Master = Master Fee(%) × Profit period
Сompensation Investor = Summary commission period – Reward Master
If during the billing period the investor incurred losses on trading operations from the trader's account, the return of the commission to the investor is equal to the sum of the commissions for the billing period.
Сompensation Investor = Summary commission period – Reward Master
Terms of mutual settlements: mutual settlements between a trader and an investor occur only in the absence of copied open positions on the investor's account. Periodic settlements take place on the last Sunday of the month, or when the investor's account is disconnected from the trader's account.
Recommendations for the trader: in order to receive reward on a periodic basis, it is recommended for the trader to close all open positions on the last Friday of the month.