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There are four formula types: "Per Execution," "Per Order," "Per Symbol" and "Fee Rules."

Formula TypeWhen to UseFormula FrequencySample Plan
Per ExecutionSimple "per share" or "percentage of value" plans.Once for every "regular" fill. A regular fee is a fill that is not a journal, not canceled and does not have fees set manually. Fees are posted on every applicable fill.

$0.50/1000

$quantity * 0.0005;
Per Order Schedules with a per ticket component.

Once for every order.  PropReports groups executions into orders based on the Order Id.  Fees are posted on the last fill for each order.

$0.50 / 1000, $10 maximum per ticket

min(10, $quantity * 0.0005);
Per SymbolPer symbol / per side plans.Once for every instrument traded per day per account. Fees are posted on the last fill for that instrument for the day.

$1.50 fee per symbol per side, plus $0.50/1000

return $quantity * 0.0005 + 
    ($quantityBought > 0 ? 1.50 : 0) + 
    ($quantitySold > 0 ? 1.50 : 0);
Fee RulesWhen specifying an ECN fee schedule or any other schedule that contains a large number of conditional fees.

Once for every "regular" fill. Fees are posted on every applicable fill.
dst=EDGA {
    penny=true {
        liq=A => -0.001%
        liq=B => 0.003%
    }
    liq=A => -0.002
    liq=B => 0.0002
}
=> 0.0005