InvestPal will charge a 20% fee after you have made a 20% Profit in your investment. The fee will be 20% on the additional profit.
For example, you deposited £100. InvestPal will not charge any fee until you achieve Minimum Profit Threshold(MPT) of 20% i.e. £120. Let's suppose your fund grows up to 50% i.e. £150. InvestPal will charge 20% on the additional £30 (£150 - £120=£30). In this example:
Your Deposit: £100
Your gross Profit: £50
InvestPal Fee: £6
Your net Profit: £44
For withdrawals, If you decide to withdraw within the first 12 months, then Investpal will charge a minimum withdrawal fee of £50. After the first year, the withdrawal fee will reduce to £10.
Fee will be charged at the end of each year or at the time of withdrawal.
Withdrawals can only be done to a bank account in your name only after you have submitted and verified your ID documents