I have been testing out the C2 platform for several months and have invested in a few different strategies. The whole idea was that if things go well, I will deploy much more additional capital to bring down the effective percentage of profit that fees eat away. However, with the new cap of 500% scaling, there appears to be no point in continuing.
Currently I am paying about $500 / month to run 3 strategies including C2’s fee, however I am not getting the performance I’d expect (taking account the rise in the S&P during the same time period). C2’s suggestion to subscribe to more strategies is a joke. It would be trivial to write a program to duplicate each position in one IB account into another one that C2 has no control over, and scale to any amount that way. I may go down that route, but at this point I think the best thing to do is to just quit C2 altogether.
