Admin Fees
General Information
The Admin Fees trigger allows brokers to charge commissions on open positions carried over through a rollover to the next day, including holidays and weekends.
Menu Navigation
📌 You can find the Admin Fees trigger under:
Risk Management → Automatic Control
Edit Settings
Below is a list of all the settings that can be applied to this rule:
| Parameter Name | Description |
|---|---|
| Rule Name | The name of the selected rule. |
| Fee Type | Select the fee type to apply. Options: USD or percentage. |
| Long Positions Fee, USD | Set the fee amount for long positions. |
| Short Positions Fee, USD | Set the fee amount for short positions. |
| Admin Fees Free Period | After how many days of keeping the position open the trigger starts applying fees. |
| Time Accrual (Hours) | Set the hour when the fee will be applied. |
| Time Accrual (Minutes) | Set the exact minute when the fee will be applied. |
| Comment for Transaction | A comment attached to the operation, visible to the trader on the trading platform. |
| Check Margin | Enable margin and balance checks before applying the fee. |
| Account Groups | Select account groups to be monitored. |
| Included Accounts | Select individual accounts to be monitored. |
| Symbol Groups | Choose symbol groups to be monitored. |
| Included Symbols | Select specific symbols to be monitored. |
Permissions
MT5 Permissions
Trigger Logic
- The trigger executes at the time specified in the "Time Accrual" settings.
- The fee is applied only once per day on an eligible position.
- If Brokerpilot is restarted, the fee will be applied after the next rollover process completes.
- If the fee cannot be applied (e.g., due to communication issues with the MT server or lack of necessary permissions), a manual accrual button will appear in the notification window.
Fee Application Notification
- The Risk Management section logs fee applications.
- A successful fee charge is marked as:
📌 “Admin fees were charged automatically by AI.” - If the fee was not applied, it remains in the list of unprocessed notifications, and a manual accrual option becomes available.
Fee Calculation
- The fee calculation type (percentage or USD) is set separately for long and short positions.
- The trigger calculates and applies the appropriate fee amount to each position using predefined formulas.
- Admin Fees Free Period: The trigger does not apply fees during the free period (in days) from the position’s opening date.