Fee

[bimbi]

Can somebody please tell me that ,I know that betfair takes 5% fee on profit ,but when i calculate it ,its always arround 10% of my profit.How does this work please,thank you.

[Trader_Tom]

They take 5% of your winning trades but nothing from your losing ones. They don't take 5% of your P&L at the end of the day.

[bimbi]

Great ,now i think i got it ,thanks very much Tom

[Trader_Tom]

No worries : )

[LinusP]

The 5% can vary depending on your location and the market, checks the 'rules' to see what the rate is.

[bimbi]

Thank you Linus