What is Futures Trading Fee?
Futures trading fees are the charges users must pay when executing buy or sell orders on futures contracts. These fees apply to each transaction and can vary depending on the user's role (Market Maker or Market Taker) as well as other factors such as VIP account levels.
Market Maker vs. Market Taker
A Market Maker is someone who places Limit Order on the order book, contributing to market liquidity and depth. These orders do not execute immediately but instead wait to be matched.
Typical order types for Market Makers include:
- Limit Order: when the Limit order is added to the order book and waits to be matched.
- Stop Limit Order: when the Limit order is added to the order book and waits to be matched.
- Post Only Order
A Market Taker is someone who places Market Orders or Limit Orders that execute immediately by matching with existing orders in the book — effectively removing liquidity. Takers usually pay a higher fee than makers due to the nature of their trades.
Typical order types for Market Takers include:
- Market Order
- Stop Market Order
- Limit Order: if the Limit Order is matched immediately
- Stop Limit Order: if the Limit Order is matched immediately
Trading fees
| Maker Order | Taker order |
| 0.02% | 0.04% |
Trading Fee Formula