On Mizar, traders pay a daily volume fee based on how much volume has been traded on that day. The volume fee is detracted each day from the user´s M-wallet.
Volume fees are based on the traded volumes, which means you don’t pay if you’re not actively trading.
- Each user has the right to $10,000 free traded volume, each month.
- Trader B has 5 active subscriptions. In total, the bots trade, in one day, $46,000 of volume. On that day, the STAR level of Trader B is "Nebula", which implies a fee of 0.075%. Mizar applies the following volume fee: $46,000 * 0.075% = $34.5.
- Trader C has 15 active subscriptions. In total, the bots trade, in one day, $500,000 of volume. On that day, the STAR level of Trader C is "Giant", which implies a fee of 0.023% applied to each traded volume. Mizar applies the following fee: $500,000 * 0.023% = $115.
IMPORTANT: If a user has no available balance in his/her M-wallet nor free volume left, the bots could run in a limited bot and positions could not be opened. Always make sure to have enough balance or free volume to avoid bots running in limited mode. If the wallet is out of capital, the open positions will be closed according to the strategy.