Here is the step-by-step guide on how to set up default commissions and fees for your trades! 😀
Accessing the Commission and Fee Settings
Go to the commission and fee settings page directly: Commission and Fee Settings.
Alternatively, navigate to the commission and fee settings page by clicking on the profile icon in the bottom left corner, selecting “Settings” from the dropdown, and then clicking on the “Commission and Fee” section.
Creating a New Commission and Fee Rule for Trades
On the commission and fees setting page, click the “ADD RULE” button to initiate the rule-creation process.
Select the account to which you want the rule to apply.
Choose the instrument for which the commission and fees will be set.
Choose the symbol or toggle it to “All Symbols.”
Determine the mode of the rule, per contract/share or execution.
Select if you want to apply the commissions and fees rule on all executions, entry executions, or exit executions.
Enter the desired default commission and fee amount.
Review the rule details and click the “tick” icon to save the configuration.
Any future trades you import will have this commission and fee rule applied!
If the commission and fee are already present on the trades you are importing, the commission and fee rule won’t apply to those trades. Use Overriding Commissions and Fees functionality for that.
Applying Commission and Fee to Existing Trades
If you also want to apply commissions and fees to existing trades:
Click on the three dots icon next to the commission and fee rule you created.
Select “Apply to existing trades” and a pop-up will appear.
Click on “Apply” and it will apply the commission and fee to the existing trades.
Overriding Commissions and Fees
If you also want to apply commissions and fees to existing trades and override the existing commission and fee values:
Click on the three-dot icon next to the commission and fee rule you created.
Select “Apply to existing trades.”
Check the “Override my existing commission & fee values” option in the pop-up.
Click “Apply” to override the existing trades as well.
By following these steps, you can easily set up and manage default commissions and fees for your trades in TradeZella.
Need further support? Contact our support team at support@tradezella.com