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Zignaly Terms

Learn the basic Zignaly terms and definitions!

Updated over 4 months ago

Below is a list of standard terms you will likely come across when using Zignaly!

PS (Profit Sharing)

Profit Sharing is the #1 automated trading method! It lets you invest with wealth managers and get 100% identical results. The Profit-Sharing method has benefits over regular Copy-Trading. You will only pay a success fee when you have reached new profitable highs in these positions.

PS2 (Profit sharing 2.0)

It's the updated version of PS (Profit Sharing) with new Key Features:

  • Connect to external trading terminals via API. (Available only for platforms that allow a Binance API connection)

  • 10 USDT minimum investment.

  • Expert wealth managers will operate with your funds and must invest their funds within the service.

  • Options to reinvest or withdraw your profits.

  • Shared success - Users will only pay a success fee if the wealth manager generates profits.

PAMM (Percentage Allocation Management Module)

Clients can commit their assets to a PAMM manager or a professional wealth manager. The manager trades utilizing all investors' funds.

PnL (Profit and Loss)

It’s a financial statement that shows a position's revenues over a specific time.

SF (Success Fee)

The fee when a new high water mark is reached. The cost is only based on the difference between the old and new highs.

HWM (High Water Mark)

When there are profits, and the balance is above the high-water mark, the profits will be split. If there are open positions with losses, the negative amount will be retained until the positions are closed.

WM (Wealth Manager)

This is an expert who manages investors' funds. Wealth managers must have the experience to pass the Zignaly marketplace listing requirements.

PSDS (Profit Sharing Daily Settlement)

We will keep track of services daily. During the PSDS, we look at how much money the service made or lost in the last 24 hours.

CSV

This is a text file format you can download and view previous transaction history for tax purposes.

PsDeposit

All investments into a service.

PsWithdraw

All investments out of a service were done before accounting (funds didn't reach the service).

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