Trading Fees
The fee you pay per contract depends on where you trade from.
For US customers (including New York)
Applicable markets | Most markets (incl. Sports, Politics, etc.) | Crypto FX Commodities Equity indices |
Open a position* | Taker: 0.07 × C × P × (1 − P) Maker: 0.0175 × C × P × (1 − P) where C = number of contracts, P = contract price | $0.02 per contract |
Close a position (before expiry)* | Same formula as opening a position | $0.02 per contract |
Position settles in-the-money (correct prediction) | Waived | Waived |
Position settles out-of-the-money (incorrect prediction) | No fees** | No fees** |
*Orders that fill immediately, including all market orders, are charged the taker fee. Orders that rest in the order book and are filled later are charged the maker fee.
**When the position settles out-of-the-money, your maximum loss is the amount you put into the trade.
For customers outside the US
Applicable markets | All markets |
Open a position | $0.02 per contract |
Close a position (before expiry) | $0.02 per contract |
Position settles in-the-money (correct prediction) | Waived |
Position settles out-of-the-money (incorrect prediction) | No fees* |
*When the position settles out-of-the-money, your maximum loss is the amount you put into the trade.
Position Limits
A position limit is the maximum total number of open positions you can hold for the same event at any one time.
Contract Value | Position Limit |
$1 | 2,500,000 |
This document is a translation of its English version. In case of conflict, the English version shall prevail.