B2COPY supports six fee types. They can be combined per master and per account, giving managers flexible ways to monetize a strategy while keeping the structure transparent to investors before they subscribe.
The Six Fee Types
| Fee | What it charges | Typical use |
|---|---|---|
| Performance fee | A percentage of realized profit, protected by a High Water Mark. | The primary fee for most masters. |
| Management fee | A percentage of assets under management (AUM), accrued over time. | Steady revenue regardless of performance. |
| Subscription fee | A fixed recurring charge for the subscription. | Premium or VIP strategies. |
| Volume fee | A charge per traded volume (per-trade / per-million). | High-frequency strategies. |
| Joining fee | A one-time charge when an investor subscribes. | Onboarding or partner payouts. |
| Profit fee | A profit-based fee distinct from the HWM performance fee. | Specific commercial arrangements. |
Performance Fee and the High Water Mark
A High Water Mark (HWM) records the highest equity peak on which a performance fee has already been charged. The fee only applies to new profit above that peak, so an investor never pays twice for recovering the same drawdown.
Equity reaches a new peak
A performance fee is charged and the HWM moves up to the new peak.
A drawdown occurs
No performance fee is charged while equity is below the HWM.
Equity recovers past the HWM
The fee resumes — but only on profit above the previous peak.
Accrued fee debt
If a fee cannot be collected immediately (for example, insufficient free margin), it is tracked as accrued fee debt and recovered later. See Mechanism for deducting accrued fee debt for the details.
Investors see the full fee structure of a master on its statistics page before subscribing, so there are no surprises after copying starts.
