> For the complete documentation index, see [llms.txt](https://doc.monetrix.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.monetrix.xyz/monetrix-pilot/reference/fees.md).

# Fees

Pilot uses a transparent, performance-aligned fee model.

## Trading cost

Opening and closing previews display a single estimated **Trading cost**.

The builder fee is included in the trading-cost estimate and is not displayed as a separate preview line.

## Builder fee

* Maximum rate: **0.02% per executed trade**
* Charged only when a Monetrix-routed trade executes
* No execution means no builder fee
* Approved separately from API wallet authorization

The builder fee remains visible during approval even though it is included in trading cost elsewhere.

## Performance fee

* Rate: **10% of net profit**
* Calculated after trading and strategy costs
* Charged only when the strategy has positive net profit

## Dashboard presentation

The dashboard shows:

* Total trading cost, including builder fees
* Performance fee
* Real net return after all fees and costs

Builder fees are not broken out as a separate dashboard metric.