Support Board

Date/Time: Sat, 04 May 2024 01:21:38 +0000

Post From: TransAct - Risk Liquidation Fee

[2019-10-20 19:13:34] Link To Thread - Link To Post [Go To First Post]
User90125 - Posts: 715
In my discussions with my broker, I was only concerned that this fee would be charged even when the system did not liquidate you; in other words, on ALL trades placed - which would be absurd by current day standards. It is only charged at $5 PER CONTRACT that is liquidated when the Transact's YesTrader Risk Liquidation System determines that your positions should be flattened and/or cancelled. Nothing extreme about it at all. Manage your risk properly, and you wouldn't have to think about it.