Better Comissions
Better Comissions
25 Aug 2017, 18:51
Comission system isn't good enough. Here are some ideas;
1. A non scalping signal provider wouldn't want unsubscribed people to see his/her positions / signals. For now anyone can watch your positions even without subscribing.
2. Comission system should also be based on winning percentage. Not simply volume of the broadcasted signal. This way good signal providers get paid for what they are good at, when they are good at! A quick example;
- A Trader copies a signal of 1 lot eurusd which ends up with a 100 pips profit. Than the signal provider gets paid for the percentage of traders profit based on traders volume. If a subscriber unsubscribes after getting a winning signal, or quits the position earlier they still pay the comission for the winning signal.
3. A signal providers should have the right to give a treshold for volumes of subscribers. For ex; he/she might not want to share the positions with subscribers blow a spesific deposit. So minimum position / account selection is a must for a professional signal provider.
4. Pre-paid subscription fee. Simply it's a must.
5. Percentage trading. Both for trader and the subscribers. Trader should be able to trade with percentage of their margin. So when trader starts %20 (of his-her own margin) long eurusd positon , subscriber gets a percentage of their own margin as a position. I believe positions based on accounts percenage is easy for day traders, scalpers and also subscribers.
Hope cTrader team considers these ideas. currently cMirror does not value good signals. And does not provide a flexible market for any kind of provider, subscriber.
Best
Gold Buster
17 Nov 2017, 04:15
You folks at cMirror, should seriously look into this. Your commission system is a very deep insult to the whole Forex industry and you know it !!!
"Man Eateth where he Worketh" However much we want to help other traders make money, we WILL NOT STAND the idea of being busting our *sses off and get paid peanut left overs for a whole Million. There needs to be real Value for good work. Bless
@Gold Buster