Trading: Difference between revisions

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* Easy to do during war: With a small investment in skills (Marketing, Procurement and Daytrading to level 2) you can easily station trade in one system while docked up in another, or use an alt to trade in other ways.

* Time-flexible: A lot of trading happens while docked up, and it's easy to go AFK with no real danger most of the time. While this isn't true during hauling, good hauls tend to be fairly short and you can always dock up halfway through.

* Scalable. With more money you can invest in more items making you more money.

* Scalable: With more money you can invest in more items making you more money.

== Skills ==

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* Skills that increase maximum number of active orders orders: Trade, Retail, Wholesale, Tycoon.

* Skills that allow you to buy and sell things remotely: Marketing, Procurement, Daytrading, Visibility.

* Skills that reduce trading overhead: Accounting, Broker Relations, Advanced Broker Relations

* Skills that reduce trading overhead: Accounting, Broker Relations, Advanced Broker Relations.

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== Taxes ==

Any time the market is used there are [[tax]]es <ref>[https://www.eveonline.com/news/view/restructuring-taxes-after-relief Restructuring Taxes After Relief][2021-10-19] For older tax changes see "A long, long time ago..." elsewhere on this page.</ref> that need to be paid. There are three different taxes: ~~Broker~~'s fee~~, sales tax~~ and relist fee.

Any time the market is used there are [[tax]]es <ref>[https://www.eveonline.com/news/view/restructuring-taxes-after-relief Restructuring Taxes After Relief][2021-10-19] For older tax changes see "A long, long time ago..." elsewhere on this page.</ref> that need to be paid. There are three different taxes: sales tax, broker's fee and relist fee.

A station trader with zero standings will pay between 5.1% (at max skills) and 11% of the order price as fees/taxes. This is important to take into account when calculating your profit, but of course the standings can change that further. With max skills and max standings a station trader will pay 4.6% of the order price as fees/taxes.

=== Sales tax ===

When an item is sold on the market the seller will also pay sales tax. The base sales tax is 7.5%<ref>Patch Notes: [https://www.eveonline.com/news/view/patch-notes-version-22-02 Version 22.02] Release 2025-03-12.1. Sales Tax has been increased from 4% to 7.5%.</ref> and is reduced by 11% per level in {{Sk|Accounting}} (3.37% at max skills). The sales tax shows up in the wallet as transaction tax.

: <math> \displaystyle

\text{Sales tax }\% = 7.5\% * (1-(11\% \times \text{Accounting level}))

</math>

Sales tax is always paid to NPC corporation Secure Commerce Commission (SCC).

{{expansion past|width= 45%

|

'''Version 22.02 release 2025-03-12.1''' [https://www.eveonline.com/news/view/patch-notes-version-22-02 Patch Notes]

* Sales Tax has been increased from 4% to 7.5%

'''Version 22.01 release 2024-07-25.1''' [https://www.eveonline.com/news/view/patch-notes-version-22-01 Patch notes]

* Marketplace taxes reduced to 4.5%. Down from 8%. (No mention of duration)

'''Version 19-09 release 2021-10-19.1''' [https://www.eveonline.com/news/view/patch-notes-version-19-09#2021-10-19.1 Patch notes]

Market sales taxes and broker fees have changed:

* Maximum Sales Tax increased from 2.5% to 8%

* Maximum Brokers Fee increased from 2.5% to 3%

'''Version 19-05 release 2021-07-21''' ''The Grand Heist'' [https://www.eveonline.com/news/view/the-grand-heist-now-live EVE news]

Market sales taxes and broker fees have changed. For three months Sales Tax and Brokers Fee's were cut in half as part of the "Grand Heist" release.

* Maximum Sales Tax decreased from 5% to 2.5%

* Maximum Brokers Fee decreased from 5% to 2.5%

* Relist fee discount increased from 5% to 6%

'''March 2020 release''' [https://www.eveonline.com/news/view/patch-notes-for-march-2020-release Patch notes][https://www.eveonline.com/news/view/broker-relations Devblog]

Relist fee added.

'''August 2019 release 2019-08-01.1''' [https://www.eveonline.com/article/ptgdti/patch-notes-for-june-2019-release Patch notes][https://www.eveonline.com/news/view/updates-to-sales-taxes-and-brokers-fees Devblog]

Market sales taxes and broker fees have changed:

* Maximum Sales Tax increased from 2% to 5%

* Maximum Brokers Fee increase for NPC stations from 3% to 5%

Tax associated skills have been changed:

* {{Sk|Accounting}} – Increase in reduction of sales tax from 10% per level to 11% per level

* {{Sk|Broker Relations}} – Increase in reduction of costs associated with setting up a market order from 0.1% per level to 0.3% per level

}}

=== Broker's fee ===

'''Broker's fee''' is paid every time a sell or buy order with duration other than "immediate" is created. The broker's fee is a percentage value of the total value of the created market order. The broker's fee is paid immediately when the order is created. If the order is taken down the fee is not paid back. The minimum broker's fee is 100 ISK. ~~This fee is not refunded when your order expires.~~

'''Broker's fee''' is paid every time a sell or buy order with duration other than "immediate" is created. The broker's fee is a percentage value of the total value of the created market order. The broker's fee is paid immediately when the order is created. If the order is taken down or expires the fee is not paid back. The minimum broker's fee is 100 ISK.

In NPC stations the base broker's fee is 3%. The broker fee can be reduced with {{sk|Broker Relations}} skill and [[NPC standings]].

In NPC stations the base broker's fee is 3%. The broker fee can be reduced with the {{sk|Broker Relations}} skill and [[NPC standings]].

Corporation standings contribute 2/3 of that of faction standings. Note that the ''unmodified'' standing is used for the calculation so skills that increase standings have no effect on broker's fees.

The equation for NPC broker ~~fees~~ is<ref>[https://support.eveonline.com/hc/en-us/articles/203218962-Broker-Fee-and-Sales-Tax ~~Helpdesk:~~ Broker Fee and Sales Tax]</ref>

The equation for the NPC broker's fee percentage is<ref>EVE help center: [https://support.eveonline.com/hc/en-us/articles/203218962-Broker-Fee-and-Sales-Tax Broker Fee and Sales Tax]</ref>

: <math>

\displaystyle \text{Broker's fee }\% = 3\% - 0.3\% \times \text{Broker Relations level} - 0.03\% \times \text{faction standing} - 0.02\% \times \text{corporation standing}

</math>

With no skills or standing the broker's fee is 3%. With broker relations V, the broker's fee is reduced to 1.5%. With 10 faction and corp (i.e. perfect) standing the fee is further reduced to 1%.

In player owned [[Upwell structure]] markets the broker's fee is a fixed SCC surcharge of 0.5% plus a percentage set by the structure owner and is not affected by any skills. The owner may set different fees for different standing levels. The minimum owner fee is 0% <ref>Patch notes: [https://www.eveonline.com/news/view/patch-notes-version-21-05 Version 21.05] Release 2023-06-21.1</ref>. The minimum broker fee is 100 ISK.

: <math>

\displaystyle \text{Broker's fee %} ~~= 3~~\% ~~- 0.3\% \times \text{Broker Relations level} -~~ 0.03\% ~~\times~~ \text{~~faction standing~~} ~~- 0.02~~\% ~~\times \text{corporation standing}~~

\displaystyle \text{Broker's fee }\% = 0.5\% + \text{Owner }\%

</math>

~~With no skills or standing the broker's fee is 3%. With broker relations V, the broker's fee is reduced to 1.5%. With 10 faction and corp (i.e. perfect) standing the fee is further reduced to 1%.~~

~~In player owned [[Upwell structures|Upwell structure]] markets the~~ broker's fee ~~is set by the structure owner and is not affected by any skills. The owner may set different fee for different standing levels. half~~ of ~~the paid broker~~'s fee ~~goes to the wallet of the corporation that owns the structure. The minimum broker~~'s fee ~~in player owned structure is 1~~%.

Leading to a broker's fee of:

: <math>

\text{Broker's fee} = \text{Market order value} \times \text{Broker's fee }\%

</math>

=== Relist fee ===

When an order is modified you will need to pay ~~more taxes. Ingame this tax is misleadingly called~~ broker's fee ~~but it is different from the~~ broker's fee ~~described above~~.

When an order is modified you will need to again pay a broker's fee. This broker's fee is reduced by a relist discount with a base reduction of 50%. The relist discount can be increased by the {{Sk|Advanced Broker Relations}} skill.

The relist fee is calculated as

The relist fee is calculated as<ref>EVE help center: [https://support.eveonline.com/hc/en-us/articles/203218932 Buy and Sell Orders]</ref>

: <math>

\text{Relist fee} = ( 50\% - 6\% \times \text{Advanced Broker Relations level} ) \times \text{Broker's fee %} \times \text{New order value} + \text{Broker's fee%} \times \max ( \text{~~Order total change~~}, 0)

\text{Relist fee} = ( 100\% - ( 50\% + 6\% \times \text{Advanced Broker Relations level} ) ) \times \text{Broker's fee }\% \times \text{New order value} + \text{Broker's fee }\% \times \max ( \text{New order value} - \text{Old order value}, 0)

</math>

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Examples:

You have a sell order for ~~13000x~~ tritanium at 6.00 ISK each.

{{Example

You have already sold ~~3000x~~ tritanium so there are ~~10000x~~ tritanium left in the order. ~~This is~~ total of ~~60000~~ ISK.

|You have a sell order for 13,000x tritanium at 6.00 ISK each.

You increase the price to 7.00 ISK each. The new total ~~is 70000~~ ISK.

You have already sold 3,000x tritanium so there are 10,000x tritanium left in the order. For total order value of 60,000 ISK.

Your broker's fee after skills and standing is 1.88%. Your Advanced Broker Relations level is 4 so your relist fee is

You increase the price to 7.00 ISK each. The new total order value becomes 70,000 ISK.

: <math>

Your broker's fee % after skills and standing is 1.88%. Your Advanced Broker Relations level is IV so your relist fee is

( 0.~~5 -~~ 0.06 \times ~~4) ×~~ 0.0188 × 70,000 + 0.0188 ~~× ( 70~~,000 \text{ ISK} - 60,000 \~~text{ ISK}~~ ) ~~= 530~~.16 \~~text{ ISK}~~

: <math> \displaystyle (100\% - ( 50\% + 6\% \times 4 ) ) \times 1.88\% \times 70,000 + 1.88\% \times max ( ( 70,000 - 60,000 ), 0 ) </math>

</math>

: <math> \displaystyle (100\% - ( 50\% + 24\% ) ) \times 1.88\% \times 70,000 + 1.88\% \times max ( ( 10,000 ), 0 ) </math>

: <math> \displaystyle 26\% \times 1.88\% \times 70,000 + 1.88\% \times 10,000 </math>

: <math> \displaystyle 0.26 \times 0.0188 \times 70,000 + 0.0188 \times 10,000 </math>

: <math> \displaystyle 342.16 + 188.00 = 530.16 \text{ ISK} </math>

}}

{{Example

|You have a sell order for 13,000x tritanium at 6.00 ISK each.

You have already sold 3,000x tritanium so there are 10,000x tritanium left in the order. For total order value of 60,000 ISK.

You decrease the price to 5.00 ISK each. The new total order value becomes 50,000 ISK.

Your broker's fee % after skills and standing is 1.88%. Your Advanced Broker Relations level is IV so your relist fee is

: <math> \displaystyle (100\% - ( 50\% + 6\% \times 4 ) ) \times 1.88\% \times 50,000 + 1.88\% \times max ( ( 50,000 - 60,000 ), 0 ) </math>

: <math> \displaystyle (100\% - ( 50\% + 24\% ) ) \times 1.88\% \times 50,000 + 1.88\% \times max ( ( -10,000 ), 0 ) </math>

: <math> \displaystyle 26\% \times 1.88\% \times 50,000 + 1.88\% \times 0 </math>

: <math> \displaystyle 0.26 \times 0.0188 \times 50,000 + 0.0188 \times 0 </math>

: <math> \displaystyle 244.40 + 0 = 244.40 \text{ ISK} </math>

}}

In some cases it can cost more to modify an old order than it costs to take it down and set up a new order.

You are trading in a structure with 1% broker's fee. Your Advanced Broker Relations level is 0.

{{Example

You have a buy order for ~~1000x~~ item A for 1k ISK each.

|You are trading in a player structure with 1% broker's fee(0.5% SCC surcharge + 0.5% owners percentage). Your Advanced Broker Relations level is 0.

you update the order to 10k ISK each.

You have a buy order for 1,000x item A for 1k ISK each. For an order value of 1,000,000 ISK

~~You will need to pay 140k ISK taxes~~ <math> ( ~~0.01~~ \times ~~9,000,000 +~~ 0.5 \times 0.1 \times 10,000,000 ~~= 140,000 ) </math>. ~~

you update the order to 10k ISK each. For an order value of 10,000,000 ISK

~~If you just create new order you need to pay 100k ISK taxes <math> ( 0.01~~ \times 10,000,000 ~~= 100~~,000 ) </math>.

Relist fee:

: <math> \displaystyle (100\% - ( 50\% + 6\% \times 0 ) ) \times 1\% \times 10,000,000 + 1\% \times max ( ( 10,000,000 - 1,000,000 ), 0 ) </math>

~~=== Sales tax ===~~

: <math> \displaystyle (100\% - 50\% ) \times 1\% \times 10,000,000 + 1\% \times max ( ( 9,000,000), 0 ) </math>

~~When an item is sold on the market the seller will also pay sales tax. The base transaction tax is 8~~% ~~and is reduced by 11~~% ~~per level in {{sk|Accounting}} (3.6~~% at max ~~skills~~).

: <math> \displaystyle

: <math> \displaystyle 50\% \times 1\% \times 10,000,000 + 1\% \times 9,000,000 </math>

\~~text{Sales tax~~ %~~} = 8~~\% ~~- 0.88~~\% \times ~~\text{Accounting level}~~

</math>

~~Sales tax is always paid to NPC corporation Secure Commerce Commission (SCC)~~.

: <math> \displaystyle 0.5 \times 0.01 \times 10,000,000 + 0.01 \times 9,000,000 </math>

~~{{expansion past|width=45%~~

: <math> \displaystyle 0.5 \times 0.01 \times 10,000,000 + 0.01 \times 9,000,000 </math>

~~|[https~~:~~//www~~.~~eveonline~~.~~com~~/~~article/ptgdti/patch-notes-for-june-2019-release 2019-08-01]: Market sales taxes and broker fees have changed:~~

* Maximum Sales Tax increased from 2% to 5%

* Maximum Brokers Fee increase for NPC stations from 3% to 5%

~~Tax associated skills have been changed~~:

: <math> \displaystyle 50,000 + 90,000 = 140,000 \text{ ISK}</math>

* {~~{Sk|Accounting}} – Increase in reduction of sales tax from 10% per level to 11% per level~~

* {{Sk|Broker Relations}} ~~– Increase in reduction of costs associated with setting up a market order from 0.1% per level to 0.3% per level~~

~~See also [https://www.eveonline.com/article~~/~~pvewgz/updates-to-sales-taxes-and-brokers-fees Devblog: Updates to Sales Taxes & Brokers Fees]~~

~~[https~~:/~~/www.eveonline.com/article/q67fqo/broker-relations 2020-03-10] Relist fee added.~~

Broker fee:

: <math> \displaystyle 1\% \times 10,000,000 </math>

~~[https~~:~~//www~~.~~eveonline.com/news/view~~/~~the-grand-heist-now-live 2021-07-27]:~~

: <math> \displaystyle 0.01 \times 10,000,000 = 100,000 \text{ ISK}</math>

~~Market sales taxes and broker fees have changed. For three months Sales Tax and Brokers Fee's were cut in half as part of the "Grand Heist" release.~~

* Maximum Sales Tax decreased from 5% to 2.5%

* Maximum Brokers Fee decreased from 5% to 2.5%

* Relist fee discount increased from 5% to 6%

~~[https://www.eveonline~~.~~com/news/view/patch-notes-version-19-09 2021-10-19]:~~

You will need to pay 140k ISK relist fee.

~~Market sales taxes and~~ broker ~~fees have changed:~~

If you just create a new order you need to pay 100k ISK broker's fee.

* Maximum Sales Tax increased from 2.5% to 8%

* Maximum Brokers Fee increased from 2.~~5% to 3%~~

}}

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There is an incredibly simple 3-step plan for finding good trading items:

# Click on a market category, and start looking at the orders and market details for each item

# Click on a market category, and start looking at the orders and market details for each item.

# Switch to another category, and keep looking at each item.

# Look at items some more.

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You should be able to look at a graph in 5 minutes and say if it's a good buy or sell for you if you're buying and selling short term. The only trick to using something is it must be straight. If worst comes to worst you can press print screen, paste the image into paint and make the trend line there but if you do this you will lose some valuable time.

Because there is so much information already out there [https://stockcharts.com/~~school~~/~~doku.php?id=chart_school:chart_analysis:trend_lines~~ here is a link that gets in detail on what you should do to make and read a trend line.]

Because there is so much information already out there [https://chartschool.stockcharts.com/table-of-contents/chart-analysis/trend-lines here is a link that gets in detail on what you should do to make and read a trend line.]

Lastly here is another [https://www.youtube.com/watch?v=~~5v72zMtO3Mk~~ video that shows you how the trend line works on line graphs.]

Lastly here is another [https://www.youtube.com/watch?v=WMkBbnSLUvo video that shows you how the trend line works on line graphs.]

== References ==

@@ Line 11: / Line 11: @@
 * Easy to do during war: With a small investment in skills (Marketing, Procurement and Daytrading to level 2) you can easily station trade in one system while docked up in another, or use an alt to trade in other ways.
 * Time-flexible: A lot of trading happens while docked up, and it's easy to go AFK with no real danger most of the time. While this isn't true during hauling, good hauls tend to be fairly short and you can always dock up halfway through.
-* Scalable. With more money you can invest in more items making you more money.
+* Scalable: With more money you can invest in more items making you more money.
 == Skills ==
@@ Line 17: / Line 17: @@
 * Skills that increase maximum number of active orders orders: Trade, Retail, Wholesale, Tycoon.
 * Skills that allow you to buy and sell things remotely: Marketing, Procurement, Daytrading, Visibility.
-* Skills that reduce trading overhead: Accounting, Broker Relations, Advanced Broker Relations
+* Skills that reduce trading overhead: Accounting, Broker Relations, Advanced Broker Relations.
@@ Line 50: / Line 50: @@
 == Taxes ==
-Any time the market is used there are [[tax]]es <ref>[https://www.eveonline.com/news/view/restructuring-taxes-after-relief Restructuring Taxes After Relief][2021-10-19] For older tax changes see "A long, long time ago..." elsewhere on this page.</ref> that need to be paid. There are three different taxes: Broker's fee, sales tax and relist fee.
+Any time the market is used there are [[tax]]es <ref>[https://www.eveonline.com/news/view/restructuring-taxes-after-relief Restructuring Taxes After Relief][2021-10-19] For older tax changes see "A long, long time ago..." elsewhere on this page.</ref> that need to be paid. There are three different taxes: sales tax, broker's fee and relist fee.
 A station trader with zero standings will pay between 5.1% (at max skills) and 11% of the order price as fees/taxes. This is important to take into account when calculating your profit, but of course the standings can change that further. With max skills and max standings a station trader will pay 4.6% of the order price as fees/taxes.
+=== Sales tax ===
+When an item is sold on the market the seller will also pay sales tax. The base sales tax is 7.5%<ref>Patch Notes: [https://www.eveonline.com/news/view/patch-notes-version-22-02 Version 22.02] Release 2025-03-12.1. Sales Tax has been increased from 4% to 7.5%.</ref> and is reduced by 11% per level in {{Sk|Accounting}} (3.37% at max skills). The sales tax shows up in the wallet as transaction tax.
+: <math> \displaystyle
+\text{Sales tax }\% = 7.5\% * (1-(11\% \times \text{Accounting level}))
+</math>
+Sales tax is always paid to NPC corporation Secure Commerce Commission (SCC).
+{{expansion past|width= 45%
+|
+'''Version 22.02 release 2025-03-12.1''' [https://www.eveonline.com/news/view/patch-notes-version-22-02 Patch Notes]
+* Sales Tax has been increased from 4% to 7.5%
+'''Version 22.01 release 2024-07-25.1''' [https://www.eveonline.com/news/view/patch-notes-version-22-01 Patch notes]
+* Marketplace taxes reduced to 4.5%. Down from 8%. (No mention of duration)
+'''Version 19-09 release 2021-10-19.1''' [https://www.eveonline.com/news/view/patch-notes-version-19-09#2021-10-19.1 Patch notes]
+Market sales taxes and broker fees have changed:
+* Maximum Sales Tax increased from 2.5% to 8%
+* Maximum Brokers Fee increased from 2.5% to 3%
+'''Version 19-05 release 2021-07-21''' ''The Grand Heist'' [https://www.eveonline.com/news/view/the-grand-heist-now-live EVE news]
+Market sales taxes and broker fees have changed. For three months Sales Tax and Brokers Fee's were cut in half as part of the "Grand Heist" release.
+* Maximum Sales Tax decreased from 5% to 2.5%
+* Maximum Brokers Fee decreased from 5% to 2.5%
+* Relist fee discount increased from 5% to 6%
+'''March 2020 release''' [https://www.eveonline.com/news/view/patch-notes-for-march-2020-release Patch notes][https://www.eveonline.com/news/view/broker-relations Devblog]
+Relist fee added.
+'''August 2019 release 2019-08-01.1''' [https://www.eveonline.com/article/ptgdti/patch-notes-for-june-2019-release Patch notes][https://www.eveonline.com/news/view/updates-to-sales-taxes-and-brokers-fees Devblog]
+Market sales taxes and broker fees have changed:
+* Maximum Sales Tax increased from 2% to 5%
+* Maximum Brokers Fee increase for NPC stations from 3% to 5%
+Tax associated skills have been changed:
+* {{Sk|Accounting}} – Increase in reduction of sales tax from 10% per level to 11% per level
+* {{Sk|Broker Relations}} – Increase in reduction of costs associated with setting up a market order from 0.1% per level to 0.3% per level
+}}
 === Broker's fee ===
-'''Broker's fee''' is paid every time a sell or buy order with duration other than "immediate" is created. The broker's fee is a percentage value of the total value of the created market order. The broker's fee is paid immediately when the order is created. If the order is taken down the fee is not paid back. The minimum broker's fee is 100 ISK. This fee is not refunded when your order expires.
+'''Broker's fee''' is paid every time a sell or buy order with duration other than "immediate" is created. The broker's fee is a percentage value of the total value of the created market order. The broker's fee is paid immediately when the order is created. If the order is taken down or expires the fee is not paid back. The minimum broker's fee is 100 ISK.
-In NPC stations the base broker's fee is 3%. The broker fee can be reduced with {{sk|Broker Relations}} skill and [[NPC standings]].
+In NPC stations the base broker's fee is 3%. The broker fee can be reduced with the {{sk|Broker Relations}} skill and [[NPC standings]].
 Corporation standings contribute 2/3 of that of faction standings. Note that the ''unmodified'' standing is used for the calculation so skills that increase standings have no effect on broker's fees.
-The equation for NPC broker fees is<ref>[https://support.eveonline.com/hc/en-us/articles/203218962-Broker-Fee-and-Sales-Tax Helpdesk: Broker Fee and Sales Tax]</ref>
+The equation for the NPC broker's fee percentage is<ref>EVE help center: [https://support.eveonline.com/hc/en-us/articles/203218962-Broker-Fee-and-Sales-Tax Broker Fee and Sales Tax]</ref>
+: <math>
+\displaystyle \text{Broker's fee }\% = 3\% - 0.3\% \times \text{Broker Relations level} - 0.03\% \times \text{faction standing} - 0.02\% \times \text{corporation standing}
+</math>
+With no skills or standing the broker's fee is 3%. With broker relations V, the broker's fee is reduced to 1.5%. With 10 faction and corp (i.e. perfect) standing the fee is further reduced to 1%.
+In player owned [[Upwell structure]] markets the broker's fee is a fixed SCC surcharge of 0.5% plus a percentage set by the structure owner and is not affected by any skills. The owner may set different fees for different standing levels. The minimum owner fee is 0% <ref>Patch notes: [https://www.eveonline.com/news/view/patch-notes-version-21-05 Version 21.05] Release 2023-06-21.1</ref>. The minimum broker fee is 100 ISK.
 : <math>
-\displaystyle \text{Broker's fee %} = 3\% - 0.3\% \times \text{Broker Relations level} - 0.03\% \times \text{faction standing} - 0.02\% \times \text{corporation standing}
+\displaystyle \text{Broker's fee }\% = 0.5\% + \text{Owner }\%
 </math>
-With no skills or standing the broker's fee is 3%. With broker relations V, the broker's fee is reduced to 1.5%. With 10 faction and corp (i.e. perfect) standing the fee is further reduced to 1%.
-In player owned [[Upwell structures|Upwell structure]] markets the broker's fee is set by the structure owner and is not affected by any skills. The owner may set different fee for different standing levels. half of the paid broker's fee goes to the wallet of the corporation that owns the structure. The minimum broker's fee in player owned structure is 1%.
+Leading to a broker's fee of:
+: <math>
+\text{Broker's fee} = \text{Market order value} \times \text{Broker's fee }\%
+</math>
 === Relist fee ===
-When an order is modified you will need to pay more taxes. Ingame this tax is misleadingly called broker's fee but it is different from the broker's fee described above.
+When an order is modified you will need to again pay a broker's fee. This broker's fee is reduced by a relist discount with a base reduction of 50%. The relist discount can be increased by the {{Sk|Advanced Broker Relations}} skill.
-The relist fee is calculated as
+The relist fee is calculated as<ref>EVE help center: [https://support.eveonline.com/hc/en-us/articles/203218932 Buy and Sell Orders]</ref>
 : <math>
-\text{Relist fee} = ( 50\% - 6\% \times \text{Advanced Broker Relations level} ) \times \text{Broker's fee %} \times \text{New order value} + \text{Broker's fee%} \times \max ( \text{Order total change}, 0)
+\text{Relist fee} = ( 100\% - ( 50\% + 6\% \times \text{Advanced Broker Relations level} ) ) \times \text{Broker's fee }\% \times \text{New order value} + \text{Broker's fee }\% \times \max ( \text{New order value} - \text{Old order value}, 0)
 </math>
@@ Line 85: / Line 139: @@
 Examples:
-You have a sell order for 13000x tritanium at 6.00 ISK each.<br>
+{{Example
-You have already sold 3000x tritanium so there are 10000x tritanium left in the order. This is total of 60000 ISK.<br>
+|You have a sell order for 13,000x tritanium at 6.00 ISK each.<br>
-You increase the price to 7.00 ISK each. The new total is 70000 ISK.<br>
+You have already sold 3,000x tritanium so there are 10,000x tritanium left in the order. For total order value of 60,000 ISK.<br>
-Your broker's fee after skills and standing is 1.88%. Your Advanced Broker Relations level is 4 so your relist fee is<br>
+You increase the price to 7.00 ISK each. The new total order value becomes 70,000 ISK.<br>
-: <math>
+Your broker's fee % after skills and standing is 1.88%. Your Advanced Broker Relations level is IV so your relist fee is<br>
-( 0.5 - 0.06 \times 4) × 0.0188 × 70,000 + 0.0188 × ( 70,000 \text{ ISK} - 60,000 \text{ ISK} ) = 530.16 \text{ ISK}
+: <math> \displaystyle (100\% - ( 50\% + 6\% \times 4 ) ) \times 1.88\% \times 70,000 + 1.88\% \times max ( ( 70,000 - 60,000 ), 0 ) </math>
-</math>
+: <math> \displaystyle (100\% - ( 50\% + 24\% ) ) \times 1.88\% \times 70,000 + 1.88\% \times max ( ( 10,000  ), 0 ) </math>
+: <math> \displaystyle 26\% \times 1.88\% \times 70,000 + 1.88\% \times 10,000 </math>
+: <math> \displaystyle 0.26 \times 0.0188 \times 70,000 + 0.0188 \times 10,000 </math>
+: <math> \displaystyle 342.16 + 188.00 = 530.16 \text{ ISK} </math>
+}}
+{{Example
+|You have a sell order for 13,000x tritanium at 6.00 ISK each.<br>
+You have already sold 3,000x tritanium so there are 10,000x tritanium left in the order. For total order value of 60,000 ISK.<br>
+You decrease the price to 5.00 ISK each. The new total order value becomes 50,000 ISK.<br>
+Your broker's fee % after skills and standing is 1.88%. Your Advanced Broker Relations level is IV so your relist fee is<br>
+: <math> \displaystyle (100\% - ( 50\% + 6\% \times 4 ) ) \times 1.88\% \times 50,000 + 1.88\% \times max ( ( 50,000 - 60,000 ), 0 ) </math>
+: <math> \displaystyle (100\% - ( 50\% + 24\% ) ) \times 1.88\% \times 50,000 + 1.88\% \times max ( ( -10,000 ), 0 ) </math>
+: <math> \displaystyle 26\% \times 1.88\% \times 50,000 + 1.88\% \times 0 </math>
+: <math> \displaystyle 0.26 \times 0.0188 \times 50,000 + 0.0188 \times 0 </math>
+: <math> \displaystyle 244.40 + 0 = 244.40 \text{ ISK} </math>
+}}
 In some cases it can cost more to modify an old order than it costs to take it down and set up a new order.
-You are trading in a structure with 1% broker's fee. Your Advanced Broker Relations level is 0.
+{{Example
-You have a buy order for 1000x item A for 1k ISK each.<br>
+|You are trading in a player structure with 1% broker's fee(0.5% SCC surcharge + 0.5% owners percentage). Your Advanced Broker Relations level is 0.
-you update the order to 10k ISK each.<br>
+You have a buy order for 1,000x item A for 1k ISK each. For an order value of 1,000,000 ISK<br>
-You will need to pay 140k ISK taxes <math> ( 0.01 \times 9,000,000 + 0.5 \times 0.1 \times 10,000,000 = 140,000 ) </math>.<br>
+you update the order to 10k ISK each. For an order value of 10,000,000 ISK<br>
-If you just create new order you need to pay 100k ISK taxes <math> ( 0.01 \times 10,000,000 = 100,000 ) </math>.
+Relist fee:
+: <math>  \displaystyle (100\% - ( 50\% + 6\% \times 0 ) ) \times 1\% \times 10,000,000 + 1\% \times max ( ( 10,000,000 - 1,000,000 ), 0 ) </math>
-=== Sales tax ===
+: <math>  \displaystyle (100\% - 50\% ) \times 1\% \times 10,000,000 + 1\% \times max ( ( 9,000,000), 0 ) </math>
-When an item is sold on the market the seller will also pay sales tax. The base transaction tax is 8% and is reduced by 11% per level in {{sk|Accounting}} (3.6% at max skills).
-: <math> \displaystyle
+: <math>  \displaystyle 50\% \times 1\% \times 10,000,000 + 1\% \times 9,000,000 </math>
-\text{Sales tax %} = 8\% - 0.88\% \times \text{Accounting level}
-</math>
-Sales tax is always paid to NPC corporation Secure Commerce Commission (SCC).
+: <math>  \displaystyle 0.5 \times 0.01 \times 10,000,000 + 0.01 \times 9,000,000 </math>
-{{expansion past|width=45%
+: <math>  \displaystyle 0.5 \times 0.01 \times 10,000,000 + 0.01 \times 9,000,000 </math>
-|[https://www.eveonline.com/article/ptgdti/patch-notes-for-june-2019-release 2019-08-01]: Market sales taxes and broker fees have changed:
-* Maximum Sales Tax increased from 2% to 5%
-* Maximum Brokers Fee increase for NPC stations from 3% to 5%
-Tax associated skills have been changed:
+: <math>  \displaystyle 50,000 + 90,000 = 140,000 \text{ ISK}</math>
-* {{Sk|Accounting}} – Increase in reduction of sales tax from 10% per level to 11% per level
-* {{Sk|Broker Relations}} – Increase in reduction of costs associated with setting up a market order from 0.1% per level to 0.3% per level
-See also [https://www.eveonline.com/article/pvewgz/updates-to-sales-taxes-and-brokers-fees Devblog: Updates to Sales Taxes & Brokers Fees]
-[https://www.eveonline.com/article/q67fqo/broker-relations 2020-03-10] Relist fee added.
+Broker fee:
+: <math> \displaystyle 1\% \times 10,000,000 </math>
-[https://www.eveonline.com/news/view/the-grand-heist-now-live 2021-07-27]:
+: <math> \displaystyle 0.01 \times 10,000,000 =  100,000 \text{ ISK}</math>
-Market sales taxes and broker fees have changed. For three months Sales Tax and Brokers Fee's were cut in half as part of the "Grand Heist" release.
-* Maximum Sales Tax decreased from 5% to 2.5%
-* Maximum Brokers Fee decreased from 5% to 2.5%
-* Relist fee discount increased from 5% to 6%
-[https://www.eveonline.com/news/view/patch-notes-version-19-09 2021-10-19]:
+You will need to pay 140k ISK relist fee.<br>
-Market sales taxes and broker fees have changed:
+If you just create a new order you need to pay 100k ISK broker's fee.
-* Maximum Sales Tax increased from 2.5% to 8%
-* Maximum Brokers Fee increased from 2.5% to 3%
 }}
@@ Line 180: / Line 244: @@
 There is an incredibly simple 3-step plan for finding good trading items:
-# Click on a market category, and start looking at the orders and market details for each item
+# Click on a market category, and start looking at the orders and market details for each item.
 # Switch to another category, and keep looking at each item.
 # Look at items some more.
@@ Line 198: / Line 262: @@
 You should be able to look at a graph in 5 minutes and say if it's a good buy or sell for you if you're buying and selling short term. The only trick to using something is it must be straight. If worst comes to worst you can press print screen, paste the image into paint and make the trend line there but if you do this you will lose some valuable time.
-Because there is so much information already out there [https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:trend_lines here is a link that gets in detail on what you should do to make and read a trend line.]
+Because there is so much information already out there [https://chartschool.stockcharts.com/table-of-contents/chart-analysis/trend-lines here is a link that gets in detail on what you should do to make and read a trend line.]
-Lastly here is another [https://www.youtube.com/watch?v=5v72zMtO3Mk video that shows you how the trend line works on line graphs.]
+Lastly here is another [https://www.youtube.com/watch?v=WMkBbnSLUvo video that shows you how the trend line works on line graphs.]
 == References ==