Platform Costs

The platform cost is a fee charged to cover the operational expenses of the Knightrade platform. This fee ensures the continued development, security, and maintenance of the platform infrastructure.

Key Characteristics:

Purpose: Covers the costs of maintaining the Knightrade platform, including: Transaction processing, wallet security and maintenance (e.g., the KnightSafe Wallet), infrastructure upgrades and scaling customer support and compliance

Calculation:

Charged as a flat fee or as a percentage of a settlement cycle which includes the management and performance fees.

Example:

If the platform charges 0.1% per cycle and the trader get the income worth $100,000 in total fee:

Fee = 0.1% × $100,000 = $100

Platform Cost = (Management Fee + Performance Fee) * Platform Cost Rate

Benefits for Investors:

Ensures that the platform remains secure, reliable, and efficient. This is transparent and directly tied to the usage of platform resources.