How to Set Commissions on EdgeProX
How to Set Commissions on EdgeProX
Setting commissions is key to understanding profits and losses while trading. Commissions can be set for live trading, simulated trading, or during Replay Mode.
To set default commissions on EdgeProX, select the "Configure" button on the top menu row. Once the dropdown menu appears select "Commissions".
After selecting "Commissions", enter in the desired specifications and press "Update".
- Base Cost – This is the base cost of a trade. Some
brokers offer flat rates for commissions. If this is the case, just enter the
cost here.
- Unit Cost – Some brokers charge based on the number
of units (ie quantity) that are part of an order (ie shares, contracts etc).
- Unit Size – If a unit cost has been specified, this is
the lot size.
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