performace fees not making sense
performace fees not making sense
10 Nov 2019, 23:03
hi all / ctrader staff.
i am providing 2 of my accounts as strategy providers to the public, for a performace fee of 10%.
they currently have over 10,000 USD of copy capital with over 20 copiers between them.
so far i have been getting extremely small performace fee's.. 3 x less than £1 and 1 x just over £1. which is odd, as my accounts are both over 200% ROI. and even if i look back to the first trades that were copied.. the amounts i have received do not equal 10% of any of the profits i have made for people?
my accounts are called "wills high risk" and "wills higher risk"... could you please explain whats happening? or is there a way to track what i am owed? because i have worked out that for the last week alone i am owed many £100's
many thanks,
Will.
Replies
lowrisktrading
11 Nov 2019, 10:06
Hi panagiotis. this is one of the many reasons the comisions are not making sense to me, going off that statement i should of had any payments at all. yet i have now had 5 payments.. i had another 2 last night - much larger ones too of £38 and £11.
this is all extremely confusing and i would really like a way to track what im owed,
many thanks,
Will.
@lowrisktrading
PanagiotisCharalampous
12 Nov 2019, 09:19
Hi Will,
The commissions you are receiving are from followers that stop following your strategy. When a follower stops copying then fees are realized on the same day.
Best Regards,
Panagiotis
@PanagiotisCharalampous
PanagiotisCharalampous
11 Nov 2019, 09:44
Hi Will,
From what I can see you started providing your strategis less than one month ago. Performance fees are realized 30 days after the follower started following you. Read more here.
Best Regards,
Panagiotis
@PanagiotisCharalampous