Intcoex currently employs a volume-tiered, maker-taker fee schedule.
Fees are charged and deducted on a per-trade basis. The more “total volume” you trade on a rolling 30-day basis, the lower your fee on subsequent trades. We will calculate your fees based on your last 30 days of trading volume based on the daily average of the BTC-USD rate (24-hour weighted average price) and will adjust your fees with the table below. Alteration to this fee structure are available upon request.
|Maker||Taker||Trade Volume (trailing 30 day avg)|
Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or "takes") the maker's order. Makers are so named because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers' orders with their own.
The maker-taker model encourages market liquidity by rewarding the makers of that liquidity with a fee discount. It also results in a tighter market spread due to the increased incentive for makers to outbid each other. The higher fee that the taker pays is usually offset by the better prices this tighter spread provides.
If you are a margin customer, you will pay interest to the lending customer based on the amount loaned. This interest will be paid to lending customer when your position is closed. The interest rate is specified in the loan offer by the lender and you will be matched based on the maximum loan rate you specify.
For the avoidance of doubt, any trade prompted by a margin orders will also be subject to the standard trading fees set out above.
Intcoex will charge a fee of 15% of earned interest by the lending customer.