Challenge Account Balance Differences

Total Gain after closing on Friday is +8.9% but the account Balance is higher due to Commissions (IB, mirror, and refunds) has been paid as well.
so Sunday Closing Balance was $ 1359.36

I will withdraw the commissions from the account to reset the account to the current gain of 8.9 %.

Monday opening Balance will be: $ 1089.00

 

Show me the Differences

well first we have to remove the initial Balance of 1000$
plus the gain of 8.9% (89$)

leaves us with 270.36$

226.92$ are from IB Commissions paid to this account (this is unrelated to the challenge)

Additionally, 43.44$ has been paid as Mirror Fees to the account.
resulting in other users copy trades and pay a marked-up commission of 5$ per Million traded.
from this 5$ the account receives 66% (rest is shared with the broker and Spotware for executing the trades)

as you can see by this example,
it is possible to make honest money with providing additional Services as a Trader.

without the need of posting photos of rental Ferraris or fake Watches on Instagram
or charge users 50$ for a Signalservice or “Education”