RoboForex, a broker regulated by the Financial Services Commission of Belize, has introduced a Performance Fee scheme in CopyFX copy trading service, a commission scheme that allows experienced traders to receive a share of the total profits of their subscribed investors.
According to the broker, this scheme is mainly for experienced and confident traders who perform stably in the medium and long run.
Launched at the end of 2022, CopyFX is available to users of the mobile version of RoboForex’s multi-asset trading platform R StocksTrader.
With the introduction of the Performance Fee, CopyFX traders can act as strategy providers and charge investors performance fees for copy trading. However, subscribing investors will pay CopyFX traders only if the trades are profitable.