# Create fee plans

You can create default and non-default fee plans for master accounts in the Admin panel.

A fee plan defines the fees and the periods when investors subscribed to a master account are charged.

The **default fee plan** is shown to investors when they subscribe to a master account in the Web UI. To complete the subscription, they must accept this plan. When a subscription is created in the Admin panel, the default fee plan is applied automatically.

In addition to the default plan, you can create one or more **non-default fee plans** for a master account. For example, a discounted plan as part of a [promo offer](/admin-panel-guide/manage-master-and-investment-accounts/create-promo-offers.md) should be created as a non-default plan.

To create a fee plan:

{% stepper %}
{% step %}
Expand the **Copy Trading**, **PAMM**, or **MAM** menu.
{% endstep %}

{% step %}
Go to **Masters**.
{% endstep %}

{% step %}
If you have several platform instances (such as MT4, MT5, or cTrader), make sure you are in the correct instance, or go to it using the switcher in the upper-left page corner.
{% endstep %}

{% step %}
Select the account and click the account number in the **Account Login** column to open the account details.
{% endstep %}

{% step %}
If the selected master account doesn't yet have a fee plan, click **Set Plan** in the **Fee Plan** section on the **Properties** tab, or go directly to the **Fee plan** tab to create one.
{% endstep %}

{% step %}
Click **Create plan**.
{% endstep %}

{% step %}
In the displayed popup, fill in the following:

* Enter rates for each fee that you want to include in the plan, and select payment intervals for recurring fees in the **Period** dropdowns.

  For more details about fees, refer to the [Fee list](/copy-trading-pamm-and-mam-concepts/fee-list.md).
* To set the plan as the default, select the **Set plan as default** checkbox. Leave it empty to create a non-default plan.

<figure><img src="/files/FfRtiUFrxL9hA2qWNRrH" alt="Create a fee plan"><figcaption><p>Create a fee plan</p></figcaption></figure>
{% endstep %}

{% step %}
Click **Create**.
{% endstep %}
{% endstepper %}

The created fee plan is assigned an identifier and displayed in the list of plans for the master account on the **Fee plan** tab.


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