New formula to calculate profitability of CopyFX system users
Dear Traders and Investors!
We’re informing you that CopyFX introduces a new formula for calculating profitability of the participants of the system. The changes we’ve made will help us to calculate Traders’ and Investors’ profit more accurately.
The new profitability formula is as follows:
P = ( (Equity_end_1 / Equity_begin_1) * (Equity_end_2 / Equity_begin_2) * ...
...* (Equity_end_N / Equity_begin_N) - 1) * 100%
This method allows to avoid any mistakes when defining the percentage of profit, because the formula contains no information about depositing balance operations, which may have influence on the final number. Calculation of profitability according to the new formula will be equally precise for all CopyFX accounts regardless the sums and trading volumes.
To read more about the new formula for profitability calculation, visit "For Clients - Help - Ratings" section of our website.
Sincerely,
CopyFX