Commission per-contract in Paper Trading

Commission per-contract is a commission calculation for trading futures and options, depending on the number of contracts, not their price.

How does it work?

Unlike a commission as a percentage of the transaction or a fixed amount per transaction, this commission is charged for each contract involved in the trade.

• The commission can only be applied when trading futures and options. When trading other types of instruments, a fixed or percentage type of commission calculation can be used in the "Other" section.
• The commission size does not depend on the contract value.
• The commission size per transaction = (Number of contracts) * (Commission size for 1 contract).
• The commission is charged both when opening a position and when closing it.
• The Commission per-contract, like other types of commissions, is inactive by default.

How to set it up?

1. Log in to Paper Trading.
2. Go to the account settings or the dialog to create a new account.
3. Activate the Futures & Options checkbox in the commission settings section.
4. Specify the Commission Size (the amount per contract). Please note that the commission is charged in the same currency as the account currency.
5. Click Save in the account settings dialog or Create in the new account creation dialog.

Example of calculating the commission per contract

Let's say you set the commission to $1.25 per contract. If you buy 3 ES futures contracts, the commission for this transaction will be:

3 contracts * $1.25/contract = $3.75

Use this setting to make your derivatives trading simulation even closer to real conditions!