Performance Fees represent a percentage of the net profits earned in your account by copying trades from a specific master account. For example, if your account generates a net profit of $100 and the Performance Fee is 20%, you would pay $20 as the fee.
How Are Performance Fees Charged?
- The fee is deducted at the end of a defined period, which could be daily, weekly, or monthly.
- The charging period begins from the date you subscribe to the master trader’s account.
In Summary
Performance Fees are a portion of your profits paid as a cost for using the services of a master trader and achieving positive investment results on BePrimeBroker.