WB Copy Trading initiates the payment of Performance Fees to the Provider from each Follower subscription weekly. Once the weekly trading interval ends, WB Copy Trading initiates the payment of performance fees to the Provider from each Follower subscription. The amount is withdrawn from the Follower’s trading account and recorded as a fee.
When a Follower initiates the withdrawal process from their account, the company conducts a thorough assessment to calculate the performance fees owed by the Follower. This evaluation is carried out for all withdrawal methods. It is important to note that the client will not be able to withdraw an amount greater than the available equity in their account minus the performance fees owed. Once the payment transaction is initiated, the performance fees owed are paid in full to the Providers, regardless of the size of the withdrawal.
This ensures that the Providers receive their performance fees in a timely manner. In addition, If a Follower decides to withdraw funds or unsubscribe from the Provider before the end of the weekly trading interval, the performance fee will be calculated up to that point in time and the payout will occur immediately upon requesting to withdraw funds, or upon ending the subscription to the Provider.