How much will you charge me for the MBA50 Service?

Our business model is based on a profit-sharing structure. We charge a monthly fee of 50% on the net profits generated through the MBA50 Service, this till a AUM of €50,000. For the part of the AUM exceeding €50,000 we charge a 25% profit sharing. If no profits are made, you pay nothing, there are no minimum fees or fixed charges.

How are you going to charge the monthly fees of the MBA50 Service?

proceedit charges the profit-sharing monthly fee through the consumption of pre-purchased Credits. Before switching to live trading mode, you will need to purchase Credits from the proceedit marketplace. The profit-sharing fee will then be deducted from your available Credits daily, based on the profits earned through the MBA50 Service.

How are the profit-sharing fees for the service deducted from my account?

Profit-sharing fees are NOT deducted from your IBKR account but are instead deducted daily from a balance of Credits that you, as the Subscriber, have previously purchased (1 Credit = €1). This deduction follows the profit-sharing model, meaning no Credits are deducted in case of a having had a loss fro a certain month. proceedit does not have access to withdraw funds from your IBKR account under any circumstances.

How does Expertel SL take the profits sharing fees off the broker account?

We don't withdraw profits from the MBA50 Subscriber's Broker account. When MBA50 is trading on your live account, you must purchase Credits from Proceedit's website, and we will deduct the corresponding profit-sharing fees from the Credits you have previously purchased from the Proceedit marketplace. If there are no profits, no Credit deduction will occur. If your account runs out of Credits, MBA50 will halt trading on your Broker account unless additional Credits are purchased.

How often are these fees withdrawn from my Broker account?

No fees are withdrawn from your Broker account, as we do not have permission to make withdrawals. In the case of profits, a Credit deduction is made at the end of each trading session and deducted from your Credits balance. If there is a loss, no Credit deduction is applied.

How often do they withdraw?

Expertel SL doesn't have the permission to withdraw from your broker account, we will deduct the profit-share from the purchased Credits from the proceedit marketplace.

How are stock buy and sell transactions, as well as profits and losses, recorded and reflected? Additionally, how is the profit-sharing fee paid to Expertel in case of gains? Where can I access this information?

You'll receive periodic emails when MBA50 is trading on your live account, detailing all transactions, including the number of stocks purchased, their prices, and the resulting profits or losses. The profit-sharing fee will be deducted from the Credits you have purchased in advance, not from your IBKR account.

Can I receive written confirmation regarding profit-sharing arrangements?

Yes, all details regarding profit-sharing arrangements will be clearly outlined in the contract provided to you for review and signature upon subscribing to the MBA50 Service.