When are commissions charged?
These commissions are charged after each closed trade, provided one important condition is met: the trade result must be higher than the High Watermark (HWM).
What does this mean in practice?
If you copy a trade and it closes with a profit, the provider will receive their commission.
But only if those profits cause your account value to exceed the HWM.
If your result doesn't exceed the HWM (even if it's positive), no commission is charged.
High Watermark (HWM): What is it and why does it matter?
The HWM is the highest value your account has reached as a copier.
It serves as a benchmark to determine whether the provider deserves a commission.
🔹 If your profits exceed the current HWM, a commission is charged.
🔹 If they don't, a commission is charged.
Each time a commission is paid, the new net value of your account becomes the new HWM.
This protects the copier from paying commissions on profits that aren't actually new.
Simple example
👤 Client A copies a trading signal:
The trade closes in profit.
The client's account exceeds its previous HWM.
✅ The provider receives their corresponding commission.
👤 Client B copies a signal:
The trade also closes in profit, but the account does not exceed its previous HWM.
❌ No commission is paid.
Transparency and control
All fees charged will be visible in your account, clearly labeled and associated with each transaction.