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Changes in fee calculation on RAMM accounts


20 April 2020

Starting from April 20th, 2020, the fee calculation formula on RAMM accounts will change. We adjusted the fees to the more familiar to most investors format. Now the fees for FX instruments, metals, indices, and energy commodities will be calculated per every lot in USD, rather than per 1 million of traded volume as it was before. Only the executed volume of trading requests will be taken into account.

The fee for the aforementioned instruments will equal $10 per 1 standard lot, for stock instruments the fee will be 0.2% per 1 standard lot, and for cryptocurrency instruments the fee will equal 1% per 1 standard lot.

Due to the altered fee calculation formula, changes will also be introduced for managers. Maximum turnover fee will be set at $10 per 1 million of trading volume. This measure will protect investors from unreasonable volume hikes by managers and prevent losses. The existing fees that exceed $10 will be reconsidered and adjusted to the maximum permitted values.

To start making profits through copying trades of professionals, open a RAMM account, deposit at least $50 (minimum investment amount). Join the community of successful traders!

#source

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