Yeah. And it started with the vision that we have, our mission, we really want to help every trader that we can to help them avoid a bad trade. So, we want to erase the excuse that you cannot afford this, to journal your trades. Because journaling your trades, if you're a day trader for example, or even a swing trader, you need to journal your trades. So, to erase the excuse for not being able to afford it, yes, we do have a free plan that pretty much offers you 70% of what we have to offer in the platform.
So, you have an immense amount of gains just from the free plan. Again, you can enter as many trades as you like, you can view the reports, the only thing you cannot do is you cannot import your trades. So, if you're a heavy day trader that perhaps places, six trades a day and you've been doing this for many years, and you think that might be beneficial that you upload all those trades from all those years, then you might need to upgrade to let's say the pro plan.
And the pro plan will get you, I would say to 85% of what we have to offer on the platform. The pro plan allows you to do, it's the exactly the same thing that you are allowed to do in the basic plan but allows you to import your trades. So, that's the main difference there. Then we have the premium plan, for those that are little more dedicated. We have more reporting tools there, that you can get deeper into your analytics and try to understand even better. And we focus a lot on commissions.
Because let's say, for myself, I am from Canada here, so commissions extremely expensive. Per trade it's about $10 per trade. So, we don't have as many options as the US. So, I want to watch my commissions very closely because well, it just can eat up your profits. So, when you care about that, then your going a little bit more into the premium plan. And then finally, we have the elite plan. The elite plan, we put features there that attempts to save you time.
So, that means in the pro plan and in the basic plan, you have everything. But if you want to save time on your trading journal, then you go for the Elite. So, what does Elite do for you? For example, it's going to create automatically your stop and targets. So, you don't have to answer that with your journal. You could do that in the basic plan, enter your stop and targets, but it's not automatic. In the Elite plan, let's say you say, my risk/reward is normally one to three, so you set that into the system and every time you enter a trade the system's going to automatically enter those for you.
So, you save time. The same thing does for commissions. For example, if your broker is not telling you in the report how much did it cost you to buy that trade? Well we have something in the Elite plan that you can set my commissions to where, I don't know, $10 per trade. So, every time you enter a trade, with the Elite plan, all your trades are going to have that commission. Things like that. And the management tool, is on the Elite plan. Which is, to get to that point, you need to be, you need to use your journal a lot.
Because in order for the management to work, you really need to use your journal every time you place your trade. So, we see it as a graduation process. You start with the basic, you start journaling your trades, there is no excuses for you not to do it. Then, once you feel like, okay I want to save some time, you bump into the pro, or the premium, because you want to import your trades. Now you have been importing your trades let's say for six months, and now you think, okay I want to work more on my management, on my responsibility. Then you upgrade to the Elite plan which is going to save you time and it's going to help you focus on your responsibility.
But to get to the responsibility part, you first need to log your trades, which is the basic plan.