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 Сalculation 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 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)
    Maker fee rate (applicable to any trades between the master account and another master account or a taker, where the master account acts as a maker)	0.01% (1 bps)	0.01% (1 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 fees

    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.