Markup percentage from the point of view of the end user.
As stated in another thread the markup is added to the contract price.
ask_price = ask_price + markup% * payout
My questions are...
when my app requests a proposal, is the commission already reflected in the response ask_price and payout, or is the commission only added when my app actually buys the contract?
does the total commissions paid appear on the clients statement, or are the commissions hidden from the client?
Comments
1: when my app requests a proposal, is the commission already reflected in the response ask_price and payout, or is the commission only added when my app actually buys the contract?
Its already in ask_price, payout
2: does the total commissions paid appear on the clients statement, or are the commissions hidden from the client?
its hidden from the client as its app developer responsibility to inform if they want to show it
2: https://developers.binary.com/api/#app_markup_details avialable since today