Swap and commissions
Please add more settings possibility for swap and commissions, on major trading platform, there is no swap for stocks. Need a way to put swap to off. Also for commissions, major platform also have fee when you open, and its not based on "per lot”. This way is for mt4/mt5/ctrader kind of platform. On major platform we have kind of 1$ per order (fixed) or kind of “1$ minimum, or % or the value order (the lower fee is used)… if i use per lot, fee are very high. Even for forex, on my normal platform, i pay fixed fees and its not based on number of lot. So we need a way to be able to setup different kind of commissions and a way to cancel the swap. I see others posts that you refer to the commissions tab you have, but its not what we need.
Comments6
Serhii S.
May 17, 2025
Hi @User Thanks for explaining your needs around swaps and commissions.
Your request is in review with our team. We’ll keep you posted if there are any updates or if we need more info from you at any point! If you have specific examples of how a certain platform handles this, feel free to send them over—it helps us make a better fit.
Sebastien Delisle
May 17, 2025
on my broker its like that: each shares is 0.005$ of commissions, with minimum of 1$ per order, and maximum 1% of the value of the trade, so for example (1000 shares at 25$ is 1000×0.005$=5$ commissions, value is 1000×25$ = 25000$ × 1% max = 250$, minimum 1$. so the commissions is 5$ witch is more than 1$ and less than 250$. example2: 100 shares at 25$, 100×0.005$ = 0.50$, its lower than 1$, so commission is 1$ witch is the minimum. example3: 100000 shares at 0.20$ is 100000 × 0.005$ = 500$, value is 100000 × 0.20$ = 20000$ × 1% = 200$. so in that case the fee is 200$ (more than 1$ min, but maximum of the 1% value witch is less than the 0.005 x Shares calculation). in example 3 fee are very high, so in this case its not a good broker to buy very low price shares with high quantity. But low commissions for “normal” stocks prices. Hope it help.
Serhii S.
May 18, 2025
Thanks for breaking down how your broker calculates commissions. We’ll definitely take this info into account as we look at improving our commission settings and calculations. If you have any more examples or specific needs, let me know!
Sebastien Delisle
May 18, 2025
you can clearly add a way to change commissions and swap for all symbol in 1 change instead of 1 by 1 or maybe by category, since swap is more for forex than stocks, the only swap i saw on stocks is on platform with cfd like mt4, mt5, ctrader, etc.
Serhii S.
May 19, 2025
Hi @User Thank you for the suggestion! We’ll look into ways to make this process faster and more flexible, especially considering the swap differences between forex and stocks. Appreciate your feedback!
Sebastien Delisle
May 16, 2025
i saw swap can be set to 0, sorry for my mistake, but commissions still need to be better. thanks.