Tariff Policy

The fee calculation is delineated in the Сalculation Methodology for Fees for all the tariffs mentioned herein

1. Maker - Taker model (FM Marketplace)

• 1.1. Maker Fee

  The maker fee is 0.01% (1 bps) of the trading turnover in US dollars. For transactions in Request for Quote (“RFQ”) mode, an alternative maker fee may be determined through a mutual agreement between the liquidity provider and Finery Markets

  Overnight (roll-over) fees: 10% of revenue derived from the roll-over (overnight) fees charged by Users

• 1.2. Taker Fee

  	Tier 3	Tier 2	Tier 1
  Trading volumes for a calendar month (including trades in RFQ mode), USD equivalent	Less than $50 mln	>= $50 mln and < $200 mln	>= $200 mln
  Turnover Fee rate	0.03% (3 bps)	0.02% (2 bps)	0.01% (1 bps)

• 1.3. Other fees

  Onboarding fee is defined based on the specific configuration of the User’s market setup

  Minimum monthly fee is defined based on the specific configuration of the User’s market setup

2. Master - sub account model (FM Liquidity Match)

• 2.1. The master account functions as a representative for the purpose of fee payment
  • 2.1.1. Turnover fee

    	Tier 3	Tier 2	Tier 1
    Aggregated trading volumes for a calendar month, (including trades in RFQ mode), USD equivalent	Less than $50 mln	>= $50 mln and < $200 mln	>= $200 mln
    Turnover Fee rate	0.03% (3 bps)	0.02% (2 bps)	0.01% (1 bps)

    Where a Master account acts as a Maker and trades with either another Master account or a Taker, the maker fee is 0.01% (1 bps). For transactions in Request for Quote (“RFQ”) mode, an alternative maker fee may be determined through a mutual agreement between the liquidity provider and Finery Markets

  • 2.1.2. Other fees

    Onboarding fee is defined based on the specific configuration of the User’s market setup

    Minimum monthly fee is defined based on the specific configuration of the User’s market setup

    Overnight (roll-over) fees: 10% of revenue derived from the roll-over (overnight) fees charged by Users

    Whitelabel fee: 10 000 USD (per month)

• 2.2. The sub-accounts act as representatives for the purpose of fee payment
  • 2.2.1 Maker Fee

    The maker fee is 0.01% (1 bps) of the trading turnover in US dollars. For transactions in Request for Quote (“RFQ”) mode, an alternative maker fee may be determined through a mutual agreement between the liquidity provider and Finery Markets

    Overnight (roll-over) fees: 10% of revenue derived from the roll-over (overnight) fees charged by Users

  • 2.2.2 Taker Fee

    	Tier 3	Tier 2	Tier 1
    Trading volumes for a calendar month, (including trades in RFQ mode), USD equivalent	Less than $50 mln	>= $50 mln and < $200 mln	>= $200 mln
    Turnover Fee rate	0.03% (3 bps)	0.02% (2 bps)	0.01% (1 bps)

  • 2.2.3 Other fees

    Onboarding fee is defined based on the specific configuration of the User’s market setup

    Minimum monthly fee is defined based on the specific configuration of the User’s market setup

    Whitelabel fee: 10 000 USD (per month)

3. Interdealer trades (both FM Marketplace & FM Liquidity Match)

• 3.1. Maker Fee

  The maker turnover fee is 0.01% (1 bps) of the trading turnover in USD equivalent

• 3.2 Taker fee

  The taker does not pay fees for interdealer trades

• 3.3 Other fees

  Onboarding fee is defined based on the specific configuration of the User’s market setup

  Minimum monthly fee is defined based on the specific configuration of the User’s market setup