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is not indicative of future performance or success.
There is a substantial risk of loss in trading. You should therefore carefully consider
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before you consider trading. Most people who trade lose money.
Matthew-
I have 3 active strategies that I would like to roll up into the Premium service category. It would be helpful to understand the “how-to” and ramifications of converting. For example, the 3 strategies have different initial listing dates, one may be >$250k after converting — just would be nice to know that we’re not going to lose data or trackrecord.
And a suggestion, In your columns comparing services, the top of each column says “Get all ___ features PLUS”, but then you go and repeat some of the features from the previous columns below (and in different orders!). It adds to confusion.
Regular cost for subscription is 100-200 bucks per month and the only guarantees you have are that C2 will charge your credit card by this amount on monthly basis. So from subscribers point of view it is really sad to observe all these discussions about paying 40-100 bucks per month from the people that pretends to make money by trading and can easily (especially with TOS) get minimum 1 or 2 subscribers which will cover these expenses.
From Trade leader point of view instead we could easily get rid of all of these headaches by transfer directly those further cost to subscribers. As you said we are “just” talking of 40 - 100 bucks per month so It should not be an issue from subscribers point of view…
This would be what will eventually happens along with a cleaning of under performing systems/developers on C2.
Hi Matthew,
I’ve read the whole threat up to this point and the pay out to trade leaders is still not clear to me. If I choose to extend my strategy for a year or two years (before Jan. 15th, 2017) does that mean that the old pay out model of 70% will apply until my pre-paid fee extension comes to an end?
Can you provide more detail on the “Re-sell, re-brand, re-price C2’s library of trading strategies” part of the Professional Plan? Does that mean someone else can re-brand and re-sell my strategy? If so, how am I compensated for that?
As I see , C2 should put more focus on advertising itself instead of think about how to profit from trade leaders and investors. At least you should let the potential users know the website. With more users , maybe it’s not a problem anymore about if the website is profitable with the previous pricing.
the fees are quickly growing from my understanding.
Because when I started my account , I didn’t know if it will be a big difference whether the initial balance is 10,000 or 100,000. And I don’t know now if the pricing policy will be changed in the future.
I think it’s better to just update the listing fees, dont’ make things too complicated . you could charge additional fees for API. But you should not mix initial balance , number of strategies etc. with pricing. For example I have 2 strategy , one for Gold , one for forex , both are OK with 10,000 balance , Now I still have to register 2 accounts.
because there are not much trade leaders who can constantly profit , I don’t think it’s very wise decision to over charge them. I thought the listing fees setting is a great tool to filter the good traders . Now I find that C2 actually want to profit from trade leaders.
If I would be C2, I would add serious discounts for TOS systems depending on % of TOS. That might help to increase quality of the signals and make expenses of real traders affordable for them.
I totally get it. For many long-time Trade Leaders here on C2, this is effectively a price increase. (That’s not the sole reason for our new pricing, but I understand it is something to which people have strong reactions.)
Please let’s keep things in perspective. In our fifteen years of history, we have raised prices only once, almost four years ago. So it’s been four years since the last price increase for Trade Leaders.
During that time, we’ve invested a lot of money in better infrastructure, increased marketing, and new people; and our compliance and legal costs have gone up tremendously.
I don’t want to sound like I’m making excuses. I understand price increases are hard, and businesses need to think carefully before implementing them. But we also need to keep the company strong and viable. With the right prices, we can continue to enhance the C2 Platform and increase its reach so that Trade Leaders can share in C2’s growth by garnering new subscribers. That’s the game plan, anyway.
I also want to stress that you can lock in current prices for current strategies for as long as you want by prepaying for them. I hope long-time Trade Leaders here on C2 will take advantage of that.
A simple question for me because it is not clear,
on the pricing trade leader web page,
in the order management method section i see a difference between basic plan and premium plan,
i would like to know if i can use my broker account to send orders and be tos certified in the basic plan or do i need to take the premium plan to attach my broker account?
PS: C2 needs trade leaders to exist, trade leaders do not needs C2 for living.
You mention that “you can lock in prices for current strategies”, but you still haven’t said whether the pay out structure of 70% will remain the same for as all long as any prepaid extensions last for those current strategies.
