How to Reduce Trading Fees When Using a Bot on Risego?

How to Reduce Trading Fees When Using a Bot on Risego?

When using automated trading bots, most users focus mainly on profits. However, one factor that silently reduces your earnings is trading fees. If your bot generates too many trades — especially on low timeframes — fees can quickly accumulate and eat into your profits. So how do we balance performance and cost efficiency?

Let’s explore several practical ways to reduce trading fees while maintaining (or even improving) your overall returns.


1. Analyze Trading Hours with Risego Backtest

The Risego platform provides detailed backtesting tools that help you review your bot’s performance by hour of the day.

You can view:

  • Total profit/loss per hour

  • Number of trades in each time slot

  • Win/loss ratio by session

👉 Based on this data, you can configure your bot to only run during high-performing hours, and avoid timeframes that tend to generate poor results. This helps reduce unnecessary trades and directly cuts down on trading fees.

For example, if your bot performs best between 2PM and 6PM UTC, you can easily set that range in the bot's schedule.


2. Use Higher Timeframes

Lower timeframes like M1, M5, or M15 often produce more signals — and that means more trades and more fees.

By switching to a higher timeframe (e.g., H1 or H4):

  • You filter out market noise

  • Reduce the number of signals

  • Lower the trade count significantly

This can lead to better quality trades with fewer false entries and, of course, lower cumulative trading fees.


3. Add Smart Filters to Your Bot Logic

Another way to reduce trade frequency is by applying signal filtering logic to your bot’s strategy. For example:

  • Trade only when volume is above a threshold

  • Avoid overlapping entries within the same trend

  • Use multi-timeframe confirmations

All of this can be implemented on Risego with no coding required — just drag and drop logic blocks to customize your bot.

Even if you have no programming experience, you can still create a well-optimized bot.


4. Combine Time & Logic Optimization

The best results usually come from a combination of approaches:

  • Running your bot during profitable time blocks

  • Using higher timeframes for stronger signals

  • Filtering trades to focus only on high-quality opportunities

When implemented properly, you’ll not only reduce fees — you'll also make your bot smarter and more efficient.


Why This Matters

Let’s say you pay $3.5 per trade in fees. If your bot places 300 trades a month, that’s over $1,000 in fees — potentially more than your profits!

Reducing the trade count by just 30–40% through smarter settings could significantly boost your net returns.


Start Optimizing Your Bot Today

Risego gives you all the tools you need:

  • In-depth backtesting

  • Time-based scheduling

  • Drag-and-drop bot builder

  • Visual logic blocks for trade filtering

And the best part? It’s completely free to use. We only earn when you trade profitably — so it’s in our best interest to help you win.