Orders and execution · Rookie
Commission
What does Commission mean?
Commission is an explicit trading charge, often based on the number of units, contracts or lots executed. It can be charged on each side or on a round trip.
Example
A $3 charge to enter and $3 to exit totals $6 for the completed trade.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Check the charging convention before comparing costs or interpreting net performance.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.