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What does high-water mark level mean?

What does high-water mark level mean?

A high-water mark is a term used in the financial world to denote the highest value an investment or account has ever reached. This benchmark is commonly used as a reference when determining performance based fees or profit share.

In the context of copy trading, this means that a provider only qualifies to receive performance fees from followers when they increase their followers' account above the previous high-water mark levels.


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