What is Subscription Fee?

What is a Subscription Fee?

a) A monthly subscription fee is deducted from your trading account the moment you start copying the leader. The charge is calculated pro-rata until the last day of the current month and displayed to you beforehand, on the Copy Leader window.

b) The subscription automatically renews on the 1st day of the next month, at 6:00 server time. At the time of renewal, if there are insufficient funds available in your account (Free Margin) to continue copying the leader, the system will automatically pause copying the leader.

A screenshot of a computer Description automatically generated

c) Whilst actively copying a leader, 3 days before the end of the month, a renewal reminder is displayed on My Activity section, confirming the renewal charge.

d) Should you decide to stop and restart following the same leader during the same month, you will not be charged a duplicate subscription fee for that month.

Can a Leader modify their Subscription Fees? Not at the moment. Development is required to support individual subscription fees per leader.

What is in the Settings tab?

As an investor, when do I pay commission?

How is the strategy provider’s commission calculated?

If a follower subscribes to a signal provider who later becomes inactive, will the follower still be charged the subscription fee during that period?