Commission schedules are set by the Trader and paid monthly, on the first of each month. Check with the strategy as it will display the costs.
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You can check the fee schedule of a trader and their strategy by going to the Statistics section of a strategy, then looking at the Performance Fee and Subscription Fee by the monthly Trading Period. It is important to check a Strategy Provider’s fees before subscribing to the strategy.
Fees are in place to attract trading talent and reward them for their skill and ability trading the market.
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Trading Period refers to the timeframe (monthly) in which the subscriptions are set up for. In the investment platform fees are charged on the 1st of each month and in the event of a month where the strategy was copied only for part of the month, the fee is calculated on a pro rata basis by the hour. For example, (hours copied / hours in the month) = pro rata ratio to calculate the monthly subscription fee.