Profit sharing requirements on Vantage copy trading
To qualify for profit sharing, the following conditions must be met:
- Copier's "current floating profits" must exceed their "high water mark" (if any). If the difference is negative, no profit sharing will occur.
- Copier must have sufficient balance for the deduction of value under “shareable profits”.
- Copier's margin level must be above 100% after the deduction mentioned in 2.
Note: For copiers, the high water mark is the highest historical record of their “current floating profits”.