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mrnice
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mrnice reacted to harry_rag in Smarkets 3% commission
Nope, seems clear enough to me and doesn't impact me, mainly because I don't have an account with them!
They reckon that 99.8% of their customers will be on the standard commission rate of 2% of net profit in each market so totally unaffected by this. The remaining 0.2% will be mainly high volume traders. Anyone looking to trade in that style will just have to factor that commission basis into their calculations before deciding whether a given trade is worth it or not.