Trader – a trader, whose transactions are copied by his/her subscribers.
Investor – an owner of a trading account, where transactions from Traders’ accounts are copied to.
The subscription conditions – a set of conditions specified by the Trader after they open an account and depsot funds to it. These conditions include the Trader’s commission scheme and the amount of this commission, as well as other additional parameters.
The commission scheme - one of the parameters of the subscription conditions, which defines how the Investor pays the Trader the commission for transactions copied from them.
The Investment period - a period of time when the commission is transferred and other payments between Traders and Investors are made.
The subscription - the Investor’s acceptance of the Trader’s subscription conditions along with their mutual payments conditions, and the moment when the Investor starts copying the Trader’s transactions to their account.
The subscription completion (cancellation/deactivation) - the termination of the process of copying transactions from the Trader’s account to the Investor’s one.