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A way to get performance fee with binary API

RockerOneRockerOne
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Hi,
I'm trading myself on Volatility indices. Many of my friend ask me to allow them to copy my trade. I want to ask them a performance fee (a 20% share on profit made from my trades). I see the Cashier endpoint on the docs but:

  • is this suit for doing some sort of automated transfert between account (from customer A account to customer B account) ?
  • If yes, How can i automated this through the binary API ?
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    michael_muellermichael_mueller

    Hi @RockerOne when you sign up your Application you can set a markup fee there. It will add that percentage to the contract for each trade made using that app_id . The amount will be transferred to your account each month.

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    TopanioTopanio

    @michael_mueller said:
    Hi @RockerOne when you sign up your Application you can set a markup fee there. It will add that percentage to the contract for each trade made using that app_id . The amount will be transferred to your account each month.

    I see that the maximum mark-up fee in derivatives is 3%.
    How do I get a 20% performance fee?

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