Copytrading fees

The tab displays fund movement operations between accounts generated when copytrading fees are charged:

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When you click Charge copytrading fee at the top of the table, all fee charging and distribution operations available for the day are processed.

To process several selected operations, select them in the table and click the corresponding button at the bottom of the screen.

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The table contains the following information:

Name	Description
Account	ID of the account from which the funds were debited.
Public account ID	ID of the public account for which the subscription fee is charged.
Credit	Account to which the funds were credited.
Amount	Amount specified in the fee charging or distribution operation.
Value date	Operation date.
Transaction ID	Identifier of the transaction generated to credit the fee to the public account.
Parent Transaction ID	Identifier of the parent transaction generated to credit the fee to the public account. Set for transactions generated to credit fees to the broker's or technology provider's accounts.
Copy trading subscription status	Public account subscription status. Set only for records containing transactions that credit the fee to the public account.
Status	Operation status: Exists - the operation has been processed; Ready - the operation is ready to be processed.
Comment	Comment generated automatically for the operation.
Closed	Yes if the subscription is closed.
Actions	Charge copytrading fee - processes a specific operation; Cancel - cancels the operation.

After the operations are processed, several transactions with the Service fee type and the Copytrading fee subtype appear in Transactions.

In settings, the broker can set a fee for using another broker's public account, as well as a technology provider fee.

For public accounts created within the broker, transactions are processed for the fee amount less the broker fee:

• From the client's special account to the fee account (the broker's nominal account or the fee account specified in Copytrading settings);
• From the fee account to the invoice account generated by the system when the public account was created.

For public accounts provided by another broker, the following transactions are processed:

• From the fee account to the technology provider's account (Unity);
• From the nominal account to the fee account specified when the public account was provided to the broker. Within the broker that provides the public account, transactions are processed according to the scenario above.

Subscription statuses

Status	Description
Active	The client account is subscribed to the public account.
Canceled	The subscription has been terminated, but the account still has a Future balance in the account currency (the remaining funds have not been transferred from the special account to the trading account).
Canceling	The subscription has been terminated, but the positions on the client account opened as part of the subscription have not yet been closed, and the funds have not been transferred to the trading account. To terminate the subscription, process the operations on the Copytrading accounts tab in Daily operations.
Suspended	Set when the client account has insufficient funds, in the event of a margin call, or manually in Public account subscriptions.
Closed	After the subscription is assigned the Canceled status and all Future balances on the account are zero, it changes to this status and is no longer listed as active for the subscriber.

Fee charging frequency

Fixed fees are charged at the frequency specified in the public account settings.

The first calculation period starts when the subscription is created. The next charging date is determined by adding the selected period to the subscription date.

If the corresponding date does not exist in the following month, the charging date is set to the last existing day of that month.

Examples:

Frequency: weekly Subscription date: May 12 Next charging date: May 19

Frequency: monthly Subscription date: May 12 Next charging date: June 12

The Profit sharing fee is calculated based on the total P/L of the subscription since it was created. The results of individual positions are not considered separately. The calculation takes into account the combined result of all operations related to the subscription, as well as the fee charged previously.

Fair fee calculation (HWM principle) for profit sharing with a specified period

The fee for the Profit sharing subscription type is calculated according to the High Watermark (HWM) principle: the platform tracks the accumulated result and does not charge a fee twice on the same profit.

Calculation formula

When the fee is charged (at the end of a period, when a position is closed, or when the subscription is terminated), the following formulas are used:

Fair fee = (Total P/L + Paid fee) × C

If the Fair fee is greater than the Paid fee:

• the Current fee is calculated as the difference between the Fair fee and the Paid fee;
• a transaction is processed to charge the Current fee;
• the Paid fee value is updated:
  • Paid fee (new) = Paid fee + Current fee

where:

• Total P/L is the total P/L on the account since the subscription started;
• Paid fee is the profit-sharing fee already charged (the total of previously processed transactions);
• C is the fee percentage (Profit sharing percentage);
• Current fee is the fee amount to be charged at the current moment.

Calculation examples

Scenario 1: Profit in two consecutive periods

Stage	Description
Day 1 - end of the investment period	Daily P/L = X1, where X1 > 0. The fee is calculated from X1 and charged.
Day 2 - end of the investment period	Daily P/L = X2, where X2 > 0. Total P/L = X1 + X2. Since the fee on X1 has already been paid, the fee is charged on profit X2.
Day 3 - unsubscribe in the middle of the day	Daily P/L < 0. No additional fee is charged, and the subscription is closed.

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Scenario 2: Profit does not offset the previous loss

Stage	Description
Day 1 - end of the investment period	Daily P/L = -X1. No fee is charged.
Day 2 - end of the investment period	Daily P/L = X2, but Total P/L = -X1 + X2 < 0. No fee is charged.
Day 3 - unsubscribe in the middle of the day	Total P/L becomes positive. The fee is calculated from the positive accumulated result and charged when the subscription is closed.

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Scenario 3: Profit offsets the previous loss

Stage	Description
Day 1 - end of the investment period	Daily P/L = -X1. No fee is charged.
Day 2 - end of the investment period	Daily P/L = X2, while Total P/L = -X1 + X2 > 0. The fee is calculated from the positive Total P/L, that is, from the profit remaining after the loss has been offset.
Day 3 - unsubscribe in the middle of the day	The fee is recalculated based on the accumulated result. The fee already paid is deducted from the fair fee. If the resulting difference is positive, it is charged.