What is copy trading?
A service offered by some brokers, including Vantage, that replicates a strategy's trades on your account, in proportion to the capital you allocate. Everything is explained in our guide to copy trading.
Is my money sent to PlanetFinance?
No. It stays on your Vantage account, in your name. PlanetFinance cannot withdraw any of it.
How much can I lose?
Part or all of the amount invested. No month has closed at a loss since November 2022, but a grid with martingale can suffer a large loss if the market moves strongly and for a long time in one direction. Only invest money you do not need.
Why can my results differ from the strategy's?
Your result can differ from the strategy's depending on your capital, start date, leverage, execution, broker fees and the 20% fee.
How is the 20% fee calculated?
On profits only, settled on the 1st of the month. With the high-water mark, after a drop nothing is charged until the account is back at its high. Example in our guide on the fee.
Can I withdraw my money at any time?
Yes, from your Vantage account. Withdrawing part of your gains limits the amount exposed, but also reduces the margin available to the strategy.
Why a €1,000 minimum?
At Vantage, a position cannot be smaller than 0.01 lot. Below €1,000, some positions would be copied badly; above it, the more capital, the more faithful the copy.
How are gains taxed?
It depends on your country of residence. In France, gains are subject to the flat tax and a foreign broker account is declared every year (form 3916). Check with your local tax authority.