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 expert traders 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:
|
PAMM (Percentage Allocation Management Module) | Clients can commit their assets to a PAMM manager, a professional trader. 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 position is closed and a new high water mark is reached. The fee is only from the difference between the old and new high. |
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. |
Fund Manager | This is an expert who manages investors' funds. Fund managers must have 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. |
Zignaly API Code | This code is linked to the API. When you try to connect to Zignaly's old interface, you can only do so with a PS 2.0 service. For more info, please click here. |
If you come across any other terms you do not understand, feel free to reach out to our customer support! 💡