Calculation of Trader's profit
Traders’ profit is calculate according to two formulae, depending on the chosen cooperation scheme.
Volume Fee: <Commission> = <Volume of profitable transactions closed over the trading session> * <The current commission rate>.
If you changed the commission amount in the subscription conditions, the commission for the transaction that were opened with the previous conditions and closed with the new ones will be calculated and paid according to the previous conditions.
For example:
The current commission value for a transaction is 2 USD and there is an open transaction on your account.
You change the commission amount to 3 USD and it comes into effect.
You close the above-mentioned open transaction.
The commission for the transaction will be 2 USD.
Performance Fee: <Commission> = (<Total profit for all transactions> - <Swaps for all transactions> - <Commissions for ECN accounts only>) * <The current commission percentage>
If you changed the commission amount in the subscription conditions, the commission for the transaction that were opened with the previous conditions and closed with the new ones will be calculated and paid according to the new conditions.
For example:
The current commission value is 30% and there are several open transactions on your account.
You change the commission amount from 30% to 50% and it comes into effect.
You close the above-mentioned open transactions.
The commission for the transaction will be 50%.