The Fees page under Settings defines how the platform calculates the performance fee and the management fee for every product. It sets the platform-wide rules; individual masters configure their own rates within these rules.
Performance Fee
In the Calculation Formula dropdown, choose what counts as net profit on a subscribed investment account:
- Based on sum of float and realized PnL — Realized PnL plus Floating PnL, both calculated against the positions copied from the specific master.
- Based on realized PnL with floating loss — Realized PnL plus negative Floating PnL only.
- Based on realized PnL — Realized PnL alone.
In Trade Fee Accounting, choose whether the paid trade fee counts against profit: Exclude trade fee from calculation ignores it, while Consider Trade fee as loss subtracts it from the profit the performance fee is charged on.
High-Water Mark
The performance fee is always charged under the High-Water Mark principle — only on the increment of net profit since the last successful fee payment. If the account hasn’t made a new high, no fee is charged.
Performance Fee Formula
Performance fee = (Current Total PnL − Previous Total PnL) × Fee% / 100
# with "Consider Trade fee as loss":
Performance fee = ((Current Total PnL − Paid trade fee) − Previous Total PnL) × Fee% / 100Current Total PnL is measured at the moment of payment, Previous Total PnL at the moment of the previous successful payment, and Fee% comes from the master’s fee plan.
Management Fee
Two dropdowns control the calculation:
- Calculation Formula — Based on Equity or Based on Balance of the subscribed investment account at the moment of payment.
- Period for percentage calculation — % / year (the plan’s rate is an annual percentage) or % / period (the rate applies to each payment period).
# % / year:
Management fee = Fee%/100 × Active days/365 × Account balance (or equity)
# % / period:
Management fee = Fee%/100 × Active days/Period × Account balance (or equity)Active days is the number of days since the subscription started or since the last payment. The Period length is 1 day for daily, 7 days for weekly (charged on Mondays), and always 30 days for monthly (charged on the 1st).
Worked Examples
| Scenario | Calculation | Fee |
|---|---|---|
| 15% annual, paid daily; balance 3 000 USD | 0.15 × 1/365 × 3000 | 1.23 USD per day |
| 2% monthly; subscribed Apr 15, charged May 1; balance 3 000 USD | 0.02 × 15/30 × 3000 | 30 USD (half period active) |
Changing these formulas affects how fees are calculated across the entire platform. Confirm the intended behavior with your finance team before saving.
