Performance fee is paid at the end of a billing period.
The duration of the billing period is one calendar month, ending on the last Friday at 23:50 UTC+0 to 23:59:59 UTC +0 with a new billing period starting immediately after.
Important: Social Standard and Social Pro accounts will be switching to the new advanced copying platform, similar to Standard and Pro accounts. This only applies to new investments and future fees. For strategy providers, performance fees will be split between two different accounts. These will display as "ST commission" for older investments and "PIM commission" for new investments.
The calculated fee is transferred to the strategy provider’s Social Trading Commission account (PIM Commission account for strategies with Standard and Pro account) in their Personal Area (PA) and can be used for trading, transfers, or withdrawals.
The entire process is automated for your convenience so that the strategy provider’s performance fee is paid accurately.
Details of performance fee paid per investment can be found in the strategy provider’s PA under Fee report which is available for each strategy. This helps in keeping track of the incoming performance fee and strategy performance.
Read more information on how performance fee works, or more about billing periods.