You can find the available fee structures and most up to date information here.
The fee structure which consists of:
- a monthly percentage of the investment amount; and
- a monthly percentage of the profit share achieved.
1. Percentage of investment amount
The investment amount refers to investment amount in a base currency chosen by you in your personal dashboard.
A monthly percentage of the investment amount chosen by you is charged.
You can update your investment amount at any time. In this case, a pro rata fee applies for the calculation of the monthly fees on the basis of the varying investment amounts set by you during this month.
The investment amount fees are calculated on the basis of a conversion of your base currency / Euro according to the exchange rate available on the crypto currency exchange. If the exchange rate on the crypto currency exchange is not available, we will use an exchange rate of another exchange rate website with high reputational standards in our view like www.coinmarketcap.com.
Monthly fees over the investment amount are calculated in Euro and charged for at midnight on the first day of each month.
2. Percentage of the profit
The monthly profit achieved refers to the net monthly profit, i.e. the profit after deducting the transaction fees charged by crypto currency exchanges for the trades made by Innprove.
Profit fees are calculated upon opening and closing of all trades. This means that after every trade (i.e. a buy and sell order) the profit is calculated (and the transactions fees for the relevant trades are deducted).
Monthly fees over the profit share achieved are calculated in Euro and charged for at midnight on the first day of each month.