Performance Fee
Calculation for Provider
The fee is a percentage of the follower’s profit and is paid to the Provider according to the payment interval:
Per Trade: The performance fee is charged immediately after each trade is closed.
The performance fee is charged immediately after each trade is closed. In general, Performance fee per trade is calculated as:
Performance Fee =
Gross Performance Fee – Platform Fee – Public Agent Fee – Addition Agent Fee
Whereas:
| Follower’s Profit per Trade | The net profit a follower earns from a single trade that is copied from the Provider. | |
| Gross Performance Fee | The total performance fee based on the follower’s profit before any deductions. | Gross Performance Fee = Follower’s Profit per Trade x Fee % |
| Platform Fee | A fee charged by Hirose for using the service. | Platform Fee = Gross Performance Fee x 5% |
| Public Agent Fee(Optional) | The fee paid to the public agent | Public Agent Fee = (Gross Performance Fee – Platform Fee) x Public Agent Fee% |
| Additional Agent Fee (Optional) | The fee paid to EACH additional agent who promotes your Offer to their own followers. | Additional Agent Fee = (Gross Performance Fee – Platform Fee) x Additional Agent Fee% (each agent) |
Example:
Given Data:
- Additional agent fees – 2 agents
- Additional agent 1: 30%
- Additional agent 2: 20%
- Public agent fee: 10% – Paid to the agent attached to the follower.
- Performance fee: 20%
- Platform fee: 5% – Paid to Hirose
- Fee type: Only single trade with Positive profit
Case 1: If the Follower’s Profit per Trade is -$50
It is a loss, so the system does not calculate a Performance Fee.
It is a loss, so the system does not calculate a Performance Fee.
Case 2: If the Follower’s Profit per Trade is $100
- Follower pays = $100 * 20% = $20 Gross Performance fee
- Hirose receives = 20% * 5% = $1 Platform fee
- Remainder for provider and additional agents = Gross Performance fee – Platform fee = $20 – $1 = $19
- Additional agent 1 receives = $19 * 30% = $5.7
- Additional agent 2 receives = $19 * 20% = $3.8
- Public agent receives = $19 * 10% = $1.9
- Provider receives the rest (40%) = $19 * 40% (or $19 – $5.7 – $3.8 -$1.9) = $7.6 Performance Fee