Mizar is subscription free, this means you will never be asked to pay a monthly fixed fee.
NOTE: This section is under revision and will be updated in the near future.
Mizar wants to open smart trading to everyone. Most of the current trading platforms offer subscription fees that traders have to bear regardless of their capital, usage, expertise, or performance.
Mizar offers to its users an innovative yet simple fee system. Mizar developed a secure wallet system where users can deposit and withdraw stable coins to be used to pay their fees and reward other traders.
Performance and trading fees can be reduced by staking MZR.
At Mizar, there are two different fees mechanisms, depending on the product used.
Marketplace - performance fee
Users can share successful strategies and bots via a marketplace and get copied by other investors. In this way, traders are rewarded for their innovations while others can benefit from following them.
Traders are free to propose their own performance fee. The performance fee will be applied to the gross profits resulting from the copied strategies, calculated at the end of the calendar month.
On top of the performance fee, Mizar is applying a fee of 10% to the gross profits resulting from the copied strategies, calculated at the end of the calendar month.
The performance fee will be detracted each month from the user deposit.
Trader A starts to follow Trader B and copy-trade. The performance fee applied from Trader B is 15%. During the month of August (from 01.08.21 to 31.08.21), Trader A performs a total gross profit (i.e. no fee exchange applied yet) of 100USDT (~$100).
Trader A has to pay the following performance fees: