Fees & How Copy Trading Works
Complete breakdown of all costs and how the copy trading process works
Fee Structure Overview
When you copy the SteadyFlowFX strategy, you will incur costs from two sources: your broker and the copy trading platform.
1. Performance Fee (Profit Share)
25% of net profits
25% of net profits (profit share) per platform settings
The performance fee is calculated on net profits only. If your account does not generate profit during an investment period, no performance fee is charged for that period.
This fee is automatically calculated and deducted by the copy-trading platform based on platform rules. The fee structure may be subject to change by platform policies.
Example: If your account generates $1,000 in net profit during a period, the performance fee would be $250 (25%), leaving you with $750 net profit after fees.
2. Broker Trading Costs
Your broker charges standard trading costs on every trade executed in your account. These include:
- Spreads: The difference between the buy (ask) and sell (bid) price. This is the most common cost and is built into every trade. Spreads vary by currency pair and market conditions.
- Commissions: Some account types charge a per-lot or per-trade commission in addition to or instead of spreads. Check your account type for specific commission rates.
- Swap/Overnight fees: Positions held overnight incur swap fees (also called rollover fees). These can be positive or negative depending on the currency pair and direction of the trade.
Broker costs vary by broker, account type, and market conditions. These costs are separate from the performance fee and are charged directly by your broker. Review your broker's fee schedule for specific rates.
How Copy Trading Works
Copy trading allows you to automatically replicate the trades of a master account (the SteadyFlowFX strategy account) in your own trading account in real-time or near-real-time.
Step 1: Connection
You connect your trading account to the SteadyFlowFX master account through the broker's copy-trading platform.
Step 2: Settings
You configure copy settings such as lot size multiplier, maximum trade size, stop copying thresholds, and other risk parameters.
Step 3: Automatic Copying
When the master account opens, modifies, or closes a trade, the platform automatically replicates that action in your account based on your copy settings.
Step 4: Independent Control
You retain full control of your account. You can pause copying, adjust settings, manually close positions, or disconnect from copy trading at any time.
Important Considerations
Your results will differ from the master account
Copy trading does not guarantee identical results. Differences in execution timing, spreads, slippage, copy settings, and fees mean your performance will deviate from the master account's performance.
- Execution delays: There is typically a slight delay between when the master account executes a trade and when it is replicated in follower accounts. During volatile markets, this delay can result in different entry prices.
- Different spreads and costs: Your broker's spreads and commissions may differ from the master account's broker, affecting your net returns.
- Copy settings impact: Your copy settings (lot size multiplier, maximum exposure) directly impact your risk and potential returns.
- Fee impact: The 25% performance fee reduces your net returns compared to the gross returns shown on the master account.
Total Cost Example
Assume your account generates $2,000 gross profit before fees over a period, and your broker costs (spreads, commissions, swaps) total $300 during that period:
This is a simplified example. Actual costs and profits will vary based on your specific trading activity, broker, account type, and market conditions.
No Hidden Fees
The fees described above (performance fee and broker costs) are the only fees associated with copying SteadyFlowFX. There are no subscription fees, setup fees, monthly fees, or other hidden charges from SteadyFlowFX.
Contact
Questions about fees or how copy trading works: [email protected]