- Per buy/sell transaction
There is a fee of 0.37% per trade for cryptocurrency conversions (for buy/sell transactions). Some asset pairs may require more than one conversion step/trade.
Note: The Strategist sets Crypto Strategy fees for an individual Crypto Strategy. Anytime Crypto Strategy fees are collected they are split between ICONOMI, the Strategist, and the referrer/user according to the Referral program (after VAT).
Fees are collected over the course of each month in crypto. As such, the collected value is subject to market fluctuations, and the paid-out EUR/GBP value at the end of each month may be lower or higher than initially collected.
- Add funds to copy a strategy - On-boarding fee (per "add funds to copy a Strategy" transaction; set by the Strategist)
The On-boarding fee for the Crypto strategy is set by the Strategist and covers the Strategist's costs for the education and expertise they provide. It is charged to the users/copiers each time they add funds to copy the Strategy.
If you look at the platform, you will see that most of the Crypto Strategies have 0%. Anything above 0% (if set by the Strategist) are fees collected and distributed according to the referral program.
Note: there is also a fee of 0,37% per trade for cryptocurrency conversions - for buying underlying assets included in the Strategy's structure. Some asset pairs may require more than one conversion step/trade.
- Sell cost - remove funds from copying a strategy (per sell transaction)
The 0.5% sell cost is charged to the users/copiers each time they remove funds from copying the Strategy. The sell cost covers the selling of underlying assets included in the Strategy's structure.
Check out individual Crypto Strategy fees by clicking on the selected Crypto Strategy.
Note: For more information, please read our article on ICONOMI fees.