---
title: "Managing order fees and commissions"
slug: "managing-order-fees-and-commissions"
updated: 2024-08-19T14:18:34Z
published: 2024-08-19T14:18:34Z
canonical: "support.lusid.com/managing-order-fees-and-commissions"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://support.lusid.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Managing order fees and commissions

LUSID allows you to apply fees, commissions and market charges as your allocations are booked as transactions, which are subsequently factored into [valuation calculations](/v1/docs/valuation-checklist).

You must create a special type of transaction property and attach it to a fee and commission rule. As transactions are booked, LUSID listens and applies fees, commissions or market charges as properties if the transaction meets the conditions specified in a rule.

For example, a Trader might want to place an order with Broker A who charges a fee of 0.02%. You can use the [LUSID web app](https://www.lusid.com/app/home) to ensure this fee is applied to all transactions executed by Broker A from a [specified effective date](/v1/docs/what-are-the-effectiveat-and-effectivefrom-timestamps):

1. The first step is to create a new transaction property [as usual](/v1/docs/how-do-i-create-a-property-type#using-the-lusid-web-app) via the **Data Management > Properties** dashboard. You can then choose whether you want to create a **Fee**, **Commission** or **Market Charge** property type. For this example, you might create the property `Transaction/fee/BrokerA` for the fee charged when an order is executed by Broker A. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/cb43a591-fd9f-47a1-9d86-82c74ce80891.png)
2. You can then create a fee and commission rule to add the property to via **Data management > Fee & Commission rules** dashboard. In your rule, you can specify:

For this example, you might create a rule to apply a 0.02% fee to any USD buy transactions executed by Broker A: ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/c1f26d63-9912-4009-8a6e-e03817333345.png)
  - The conditions which a transaction must meet for the rule to be applied.
  - What should happen when the rule is applied.