Performance Fee

Automated 50/50 Profit Split System with High Water Mark Mode for Fully Managed Accounts Only

Pips Line performance fee is calculated on a Net Profit (i.e. includes commissions and swaps) basis and in accordance with the High-Water Mark mode.

With this mode, you will be ensured to pay a performance fee only if the sum of all the trading results of all previous intervals will cover the total loss of the account, and only if its profit is higher than the highest profit reached until then (the High-Water Mark).

When it is reached, and the account profits even more, the High-Water Mark is updated and set to a new, higher, level.

A new High-Water Mark can never be lower than the previous one - it is always a positive value (since the initial one is at 0). Performance fee is paid only for positive trading results; therefore, Pip Line will get paid their performance fees only if their trades constantly make profit for its clients.

Losses are acceptable, but to get paid again, providers must cover them for the client first.

Payments are performed as balance operations on a MetaTrader server. Each balance operation is reflected as a transaction in the Tickmill Trading database as well. Once a trading interval’s end triggers, Tickmill Copier initiates the payment of performance fees to the Pip Line to its trading account.