As a SuperTrader investor you are required to pay a performance fee at the end of the month to third party providers, only during profitable months, based on the new high-water mark of the client’s performance. Some strategy providers charge 5% whereas others charge more.
You are not required to pay any fee for using one of FxPro in-house strategies.
FxPro does not charge its investors anything for financing their SuperTrader accounts, no interest on the sums received is payable 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 an FxPro SuperTrader investor will incur are associated with making deposits and withdrawals.
Client XYZ has the following performance chart in their SuperTrader portfolio since beginning to trade in September 2014 while following a third party strategy provider, who charges a performance fee. The high-water marks of the portfolio’s performance are labelled by callouts in the graph below (in Sep., Oct., Nov., Apr., Sep. & Feb.). Client XYZ will pay a performance fee in the following months:
In September the client will pay the third party strategy’s performance fee based on performance of 1.08%
In October the client will pay the third party strategy’s performance fee based on performance of 1.92% (3.01% - 1.08%)
In November the client will pay the third party strategy’s performance based on performance of 3.16% (6.17% - 3.01%)
In April the client will pay the third party strategy’s performance based on performance of 4.11% (10.28% - 6.17%)
In August the client will pay the third party strategy’s performance based on performance of 6.05% (16.33% - 10.28%)
We do not charge any commission for depositing or withdrawing via bank wire transfer, however, please be aware that you may be charged a fee by your own bank. Credit/debit card transactions may also incur a charge from your issuer; FxPro charges a nominal fee of 1.6% for the use of a credit/debit card. PayPal transactions are charged by FxPro 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, FxPro does not charge commission for using these services either. Using MonetaRU and CashU for deposits and withdrawals will incur a 4% and 4.5% fee, respectively.