Tariff Policy


Effective as of September 1, 2023, Clause 1.2 shall be in full force and effect.
Clause 1.1, as well as Clauses 2 and 3, shall be in full force and effect from the date of publication, in accordance with the Terms and Conditions.

The fee calculation is delineated in the –°alculation Methodology for Fees for all the tariffs mentioned herein.

1. Maker - Taker model (FM Marketplace)

  • 1.1. Maker Fee

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

    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, 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. 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, USD equivalen 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)
    • 2.1.2. Other fees

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

      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, 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 fee

      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.

effective date: July 28, 2023
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