How Much it Costs
THERE ARE NO FEES ASSOCIATED WITH MAINTAINING YOUR REMARFX SUPERTRADER ACCOUNT.
THERE ARE NO COMMISSIONS FOR INVESTING IN IN-HOUSE STRATEGIES.
As a SuperTrader investor, you are required to pay a 5% performance fee to the strategy owner who generated your profit. This only applies to third party strategies; you are not required to pay any fee for using one of our own in-house strategies.
The performance fee is automatically deducted as soon as you stop following a strategy, and is only deducted if that strategy is in profit at the time you decide to remove it from your portfolio.
REMARFX does not charge its investors anything for financing their SuperTrader accounts. No interest is payable on the sums received and investors are able to withdraw their own money, as well as any profits they have generated, whenever they please with no questions asked.
Aside from these fees the only other charges a FxPro SuperTrader investor will incur are associated with making deposits and withdrawals.
You invest $10,000 in a third-party strategy and it generates $2000 in profits before you decide to remove it from your portfolio (or the trailing equity stop you have set has been triggered and the strategy is automatically closed). 5% of that profit (i.e. $100) will go to the leader whose strategy you were following.
You invest $10,000 in a strategy and it generates $2000 in profits, you do not stop following it until several months later when your equity drops to $9500 (or your max loss is triggered and the strategy is automatically closed). In this case, even though the strategy in question initially generated profits, you were making a loss at the time the strategy was closed, so you are not required to pay any performance fees.
We do not charge a commission for depositing or withdrawing via bank transfer. However, please be aware that you may be charged a fee by your own bank. Credit/debit card transactions may also incur charges from your issuer; REMARFX charges a nominal fee of 1.6% for the use of a credit/debit card.
PayPal transactions are charged by REMARFX on PayPal’s behalf, according to their own fee structure. See here for more details. Neteller, Skrill (Moneybookers), mPay/Netbanx and WebMoney do not currently charge a fee for deposits or withdrawals and REMARFX also charges no commission for using these services. Using MonetaRU and CashU for deposits and withdrawals will incur a 4% and 4.5% fee, respectively.