Automated payment
The payment method is fully automated, through the release of consent for a bank mandate. Invoices are billed via SEPA direct debit.
Mainteinance fee:
2% of bankroll
- Billed once per year
- Discountable via referral program or bankroll size
Performance fee:
30% of RoC
- Profits are shared once per quarter when positive
- High-watermark: the performance is only shared if there has been a real vaue for you
- Safeguard treshold: if the quarterly ROC is equal or less than 5% of the starting bankroll, there won’t be any performance share.
- Discountable via referral program
No lockup period
You are free to stop the bot, besides the penalty fine there are no other costs. Your funds are safely held in your Betfair account.
Tax Free
For residents in the UK and other countries profits earned via a betting exchange are tax-free.
Ready to diversify your portfolio?
Diversify your portfolio through sports trading:
- extremely uncorrelated;
- in most jurisdictions returns are taxt free;
- no lock-up, exit your position instantly
Frequently asked questions
What happens if I decide to close the portfolio?
The portfolio can be closed at any time, the only detail is that if it is closed before 200 bets are settled a penalty fee is applied which amounts to 5% of the bankroll at the moment the portfolio is closed. The purpose is to disincentivize an early closing of the portfolio because at the moment our AI needs around 1700 bets to have a performance which is considered statistically significative within a confidence interval of 95%.
Could you make a practical example of the fees?
You deposit £1000 on the 1st of January: Your invoice will include the maintenance fee of £20, and it will cover 365 days from the first bet Tradr will place on your account. After the 1st calendar quarter of trading, the capital reaches £1100: The invoice will include a performance fee of £30 and the high-water mark is set at the new bankroll of £1070. After the 2nd calendar quarter of trading, the capital is at £900: No performance fees are billed. After the 3rd calendar quarter of trading, the capital is at £1070: No performance fees are billed because the high-water mark wasn't surpassed. After the 4th calendar quarter of trading, the capital is at £1270: The invoice involves a performance fee of £60 and the high-water mark is set at £1210
Why are you asking for a maintenance fee?
The scope of the maintenance fee is to partially cover our fixed productions costs. Mainly the servers. Still, all the company’s profits are paid via the performance share this ensures that there is no conflict of interest between the company and the end-users.
