Copy Account fees

Created at 09 Mar 2020, 22:08

Joined 26.08.2019

Copy Account fees
09 Mar 2020, 22:08

Hi,
I am using ctrader copy account to copy someone else’s account....
The copy provider states that the commission is 30% and nothing else.
When the time came to take their profit percentage, a little extra was taken on top of the 30%.
The profit was £486.26 and £154.38 was taken which is more than 30%

Can someone please see why?

Thanks

@donbona

Replies

PanagiotisCharalampous
10 Mar 2020, 08:47

Hi donbona,

Can you please explain to us where did you get these numbers from? It could be that you have a wrong profit number.

Best Regards,

Panagiotis

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@PanagiotisCharalampous

donbona
10 Mar 2020, 09:25 ( Updated at: 21 Dec 2023, 09:21 )

RE:

PanagiotisCharalampous said:

Hi donbona,

Can you please explain to us where did you get these numbers from? It could be that you have a wrong profit number.

Best Regards,

Panagiotis

Join us on Telegram

@donbona

PanagiotisCharalampous
10 Mar 2020, 09:33

Hi donbona,

Thanks, please note that the commissions are calculated based on the profit at the moment the commission is taken. So if your equity was higher at that moment, then the commission would have been higher as well. Can you check what the equity was at that moment?

Best Regards,

Panagiotis

Join us on Telegram

@PanagiotisCharalampous

donbona
10 Mar 2020, 10:25

RE:

PanagiotisCharalampous said:

Hi donbona,

Thanks, please note that the commissions are calculated based on the profit at the moment the commission is taken. So if your equity was higher at that moment, then the commission would have been higher as well. Can you check what the equity was at that moment?

Best Regards,

Panagiotis

Join us on Telegram

The last trade was 4th of March.. the commission was taken 8th March

@donbona

PanagiotisCharalampous
10 Mar 2020, 10:26

Hi donbona,

Thanks for the info. Please provide us with the strategy name, your broker and your trading account number so that we can have a look.

Best Regards,

Panagiotis

Join us on Telegram

@PanagiotisCharalampous

donbona
10 Mar 2020, 10:35

RE:

PanagiotisCharalampous said:

Hi donbona,

Thanks for the info. Please provide us with the strategy name, your broker and your trading account number so that we can have a look.

Best Regards,

Panagiotis

Join us on Telegram

I have sent you a message on your telegram

@donbona

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