The performance fee for Portfolio Managers (PM) is paid out at the end of every billing period, which covers a whole calendar month and ends on the last Friday (23:50 UTC+0 to 23:59:59 UTC +0) reopening immediately after. The entire process is automated to ensure the PM is paid their performance fee promptly, and accurately.
The PM receives their calculated performance fee into their PIM Commission account. This commission account is automatically created after the first commission is paid, and is an MT4 Pro account type which can be accessed in the Personal Area.
Details of performance fees paid per investment can be found under the Reports tab of the fund page, accessible to the PM in their Portfolio Management area. Follow these links to learn more about how the performance fee rate is calculated or about the billing period.