Every Monday 00:00 (UTC+3)
Profit calculation period
Every Saturday 0:00 (UTC +3) to Friday 23:59:59 (UTC +3)
1. The system will calculate the followers' net profit and loss according to the orders on a daily basis and offset the profit and loss amount in the settlement cycle. The system will deduct the percentage of profit sharing from the daily earned profit. On the settlement day, if the actual amount of profit sharing is less than the pre-deducted profit from the followers' order, the excess will be refunded to the followers account, the amount of profit sharing will be credited to the Master trader's funds account.
2. The settlement period is from Saturday 0:00 (UTC +3) to Friday 23:59:59 (UTC +3). share of profit is paid to the Master trader's account on the settlement day, i.e. every Monday at 0:00 (UTC +3).
3. The system deducts the profit sharing amount from the closed profit of the trader's orders opened on the same day only if all orders are closed. If a follow-on trade order is only partially closed, the system will not settle it on the settlement day until all positions are closed.