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Fees & Billing

Why a Trade Cost More Than You Expected

The four separate costs people conflate on a Polycopy trade: the fill price moving, the spread, Polymarket's own fee, and Polycopy's flat fee. A worked ledger showing each one.

Last updated August 22, 2026

Four separate things can make a trade cost more than the number you had in your head, and people usually blame the wrong one. Two of them are market costs that nobody collects, one goes to Polymarket, and one goes to Polycopy. Here is how to tell them apart on your own ticket.

The four things

They arrive on the same order and feel like one number. They are not one number, and only two of them are fees at all.

1. The fill price moved

The price you saw was the price a moment ago. Between seeing it and filling it, the book changed. On a copy this is amplified, because the trade you are copying already used up the shares at the good price. This is slippage. It is not a fee, nobody collects it, and your slippage tolerance caps how far it can go.

2. The spread

You buy at the ask and the position immediately marks at the bid. If the two sit four cents apart, your position shows a loss the second it opens, with nothing having gone wrong. This is a cost of entering, not a fee, and it is much larger in thin markets.

3. Polymarket's own fee

Polymarket charges its own fee on some markets. It varies by market category and by price, it is set by Polymarket and can change, and it goes to Polymarket rather than to us. Their help center carries the current schedule.

4. Polycopy's flat fee

A flat 0.5% of the trade, charged on every trade executed through Polycopy, on the free plan and on Premium alike. This is the only money Polycopy takes from a trade. No profit share, no maker/taker split.

A worked ledger

Who gets what, and what you can change

CostWho receives itCan you change it?

Price movement between seeing and filling

Nobody. It is the market.

Partly. Slippage tolerance caps how far it can go, and a smaller order fills nearer the top of the book.

The spread

Nobody. It is the gap between the two sides.

Yes. Choose markets with tighter spreads and stay out of thin books.

Polymarket's fee

Polymarket

Only by trading different markets. It is theirs to set, not ours.

Polycopy's flat 0.5%

Polycopy

No. It is the same on every trade and on both plans.

What actually helps

Size to the book

A smaller order fills closer to the best price. This is the most effective lever you have and it costs nothing.

Avoid thin markets

A wide spread is a guaranteed cost on entry and a worse one on exit. Check the shares resting near the price, not the headline volume.

Leave slippage tolerance alone unless you have a reason

The default is 7%. Widening it does not find better prices, it authorises worse ones. Tightening it means more copies get skipped, which is sometimes exactly what you want.

Compare against the pre-confirm total

Every order shows "Est Total (Incl. Fee)" before you confirm. That is the number to hold yourself to, not the price printed on the trade card.

Do I still pay the trading fee if the trade loses?

Yes. The flat 0.5% is charged when a trade executes, on the trade rather than on the outcome. There is no profit share, which is the other side of the same coin. You keep 100% of what you win and you pay the same flat fee either way.

Why did I end up with fewer shares than the trader?

Because you spent your amount at your price, not at theirs. If you set the same dollar amount but filled two cents higher, you get proportionally fewer shares. Copying matches the trade, not the share count.

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Why a Trade Cost More Than You Expected | Polycopy Help Center