Why it exists
Think of it like a line on a wall. At the end of the month, if your copied profit is above the line, only the new bit above the line is used for the fee.
If your account falls below the line and later climbs back to it, that climb is recovery. It is not new profit for Currents to charge on.
A simple example
- Your previous high point is $1,000 profit.
- This month your copied profit reaches $1,100.
- Only the extra $100 is new profit above the high-water mark.
- Currents' 25% fee applies to that $100, not the full $1,100 and not your original deposit.
What to check in Billing
- Find your previous high point.
- Find this month's copied profit.
- Check whether this month's number is above the old high point.
- If it is not above, the Currents fee is 0 for that period.
Does a high-water mark remove trading risk?
No. It only affects the fee calculation. Copy Trading can still lose money.