How does Investtechfx determine if there is a scalping fee and what are the charges incurred?
The clearing department determines whether a scalping fee is incurred based on several variables. These variables include the total turnover of each customer, how many trades are made per day, how long the position is held, whether an Expert Advisor (Robot Dealer) is used, and the profit target of each trade. The clearing department, taking into consideration these variables, decides on a weekly average if a customer qualifies as a scalper. This is determined by the extent that the customer varies significantly from these averages. The charge is $10 per lot. For instance, for 1 lot the charge would be $10, and for 0.1 lots the charge would be the minimum fee of $1. Any relevant fees will be deducted at the end of each calendar month.
