Fees
COPYTIP provides its customers with a transparent and reasonable pricing structure.
Summary of Fees
| Tipster | Copier | Trader | |
|---|---|---|---|
Turnover Fee 0.5% |
|||
Profit Share Fee Percent of the tip profit, payable to the Sports Trader |
|||
Success Fee 20% of Profit Share Fee |
|||
Deposit Fees No Fees |
|||
Withdrawal Fees Up to 1% depending on the payment method |
Turnover Fee
COPYTIP aims to offer amazing profit-making opportunities to all of our customers. In order to ensure the largest possible betting limits on widest range of sports and events both pre-game and in-running, we add market depth from external bookmakers into our offer book. Our Turnover fee is set to reflect the external liquidity providers fees that we currently incur.
Turnover Fee applies for Copier's bets placed via the copy-trading feature the platform. The fees are collected after the bet settlement and only for the successfully placed amounts.
Formula: Successfully placed bet amount x turnover fee percentage.
Example: When a bet for 100€ is successfully placed via the copy-trading feature, the turnover fee is deducted from the User's balance upon settlement of the bet.
Profit Share Fee
COPYTIP aims to offer a revolutionary Profit Share model that will allow successful Tipsters to receive a fair pay for the true profit generated for each of their Copiers. Tipsters set a desired Profit Share when they create a new Strategy.
Profit Share Fee Profit Share percentage represents the ratio that each Copier pays to the Tipster according to their profit.
Formula: Copiers's profit x IF ( profit from all tips + profit from current tip ) > ( Profit Share Fee paid * 100 / Profit Share Setting ) THEN Profit Share Fee should be charged.
Example: If tipster has set a 30% PSF for his strategy, but so far has only received 15% of the overall profit from an individual copier, the winning tip of the copier will be charged with 30% profit share fee. If tipster has set a 30% PSF for his strategy, but so far has already received 35% of the overall profit from an individual copier, the winning tip of the copier will not be charged with a profit share fee.
Success Fee
COPYTIP's vested interest is in the profitability of its Users and the platform's main revenue stream comes from Success fees collected from profitable Traders.
Success Fee is deducted in real-time from every Profit Share Fee earned by a Trader.
Formula: Profit share fee earned x 20%
Example: If a Sport Trader has earned a 22.5€ Profit Share Fee from a successful tip, COPYTIP will deduct success fee of 4.5€ (20% from 22.5€) and the Sport Trader will receive net 18.0€ in his balance.
Deposit and Withdrawal Fee
Unlike traditional bookmakers, COPYTIP’s vested interest and business model does not necessitate for our Users to lose money. That is why we are not able to subsidize deposits fees and can not offer deposits and withdrawals free of charge. The specific fees for deposits and withdrawals are imposed to us by the payment process providers and are different for every method.
no fee
Deposit
Deposit
Withdrawal
1.00 %
Withdrawal
no fee
Deposit
Deposit
Withdrawal
1.00 %
Withdrawal
no fee
Deposit
We accept only SEPA EUR transfers to our Bank account.
If you are transfering in USD, for example, this transfer will never reach our account.
You can use Revolut bank transfer option if you don't have a SEPA bank account.
Deposit
Withdrawal
10.00 €
Withdrawal
no fee
Deposit
Deposit
Withdrawal
Bitcoin Average
Transaction Fee
Changes in Fees
COPYTIP reserves the right to review and change any fees and such changes shall become effective from the moment they are published on the "Fee Schedule" page found at https://www.copytip.com/fees. Any change to our fee schedule, will be emailed to all registered customers no fewer than three (3) calendar days before changes are to take effect.