InstaForex would like to inform you that we have rolled out a new type of commission. To make your trading even more efficient, we have developed the commission for the volume of copied lots in ForexCopy, regardless of whether they are profitable or not. Now commission is charged only for the volume of copied trades, no matter what the trading result is. Assume that a ForexCopy trader sets a commission for 0.01 lot, thus at the end of the day the total number of lots copied on a ForexCopy follower account will be calculated. After that, the commission will be charged from the follower account and credited to a ForexCopy trader account.
— Regularity of accruals. In case there are copied trades or options, the commission will be credited at the end of every day. Thus, there is no need to wait till the subscription expires.
— Commission is charged only for the volume of copied lots. Now it doesn't matter whether the trading is profitable or not. Let’s consider the following example.
In order to calculate the commission size for both a trade and option with a 0.5% commission, you need to take the following things into account:
— the option value of $100 is equal to 0.01 copied lot. In total, you have $0.5 for each $100 option (regardless of the result, except for cancellation);
— for a trade of 0.01 lot the commission will be $0.5 (regardless of the result);
— break-even trades are not considered.
InstaForex — trading now even more gainful and convenient!