iCopy Derivative
- The deposit/withdrawal process and order placement remain the same as the regular Investor interface.
- However, it’s important to note that iTrader is only allowed to trade within the Whitelist, which consists of the nearest expiry VN30 Index Futures contract. Additionally, on the expiration date, iTrader can trade two types of contracts with the nearest expiry dates.
Fees/taxes similar to standard trading, please click here for more detail
iTrader is entitled to Management Fee and Investment Efficiency Fee, details here. The fee is paid in iXu on the 15th of each month.
To stop copying, please navigate to the iCopy section and initiate the “Stop Copying” process. The copying suspension will be finalized once the system has closed all positions (if any), transferred funds back to the derivatives sub-account, and settled any outstanding obligations, including replication fees.
Yes. Any profits (if applicable) will be credited to the derivatives sub-account at the start of the next trading day. When the accumulated amount in the derivatives sub-account reaches 1 million VND, the system will automatically transfer the margin to VSD (at 8 AM) to enhance the Copier’s replication value.
There are two methods:
- Customer access the iCopy section and select “Invest More” to increase the copy value. This is the most efficient way and provides the quickest boost to your account’s purchasing power.
- Customers deposit funds into their derivative sub-account: At the start of the trading day, the system will automatically transfer funds (minimum of 1 million Vietnamese dong) from the derivative sub-account to the derivative margin account at VSD to enhance the copy value.