Updated as of Jan 4, 2021 19:00 SGT
How does FTX charge commission?
- For futures, fees are always charged in USD.
- For spot,
- Maker order fees are taken in the proceeds currency- in the currency that you receive: If you are buying, the base currency; If selling, the quote currency. For example, In the ETH/BTC pair, ETH is the base currency and BTC is the quote currency.
- The taker order fees are in the quote currency, regardless of whether you are buying or selling.
Discount for FTT holders
In addition, there are fee discounts for holders of FTT. The current discounts, based on your FTT holdings:
FTT holdings cannot decrease taker fees below 0.015%.
Please reach out to us once you have hit $1,000,000 USD in FTT holdings for fee tier upgrade.
Maker rebates for FTT stakers
Spot-margin borrow/lend fees
In addition to the interest rate paid to the lenders, borrowers are charged a fee on borrows. Details on how the borrow rate is calculated can be seen in the fees section of the spot margin explainer.
There are no fees on futures settlement.
The leveraged tokens have creation and redemption fees of 0.10%, and daily management fees of 0.03%.
There are no deposit fees. For withdrawal fees, see here.
Note that fees for move contracts depend on the price of the underlying index, not the price of the move contract.
Note, however, in the case of a user whose fiat/stablecoin deposit/withdrawal volume exceeds their trading volume, we reserve the right to charge a withdrawal fee of up to 0.10%. We will reach out to any users affected before applying this.