How trading fee works?

How trading fee works?

Trading fee is commission we charge to users while they sell shares or win in an event. Trading fee varies for various events and user levels. We generally charge trading fee as a percetange of user profits from anything between 10% to 20%. Also we sometime charge a percentage fee while you sell your shares via market orders.
    • Related Articles

    • Trading Fee & Liquidity Cost Structure

      Buying Shares No trading fee is charged while buying shares. Tradex charges 10% of profit as trading fee on event settlement, or on selling/merging shares. Selling Shares - Limit Orders 10% of profit is charged as trading fee for Sell-Limit orders. ...
    • Understand How Power Trade Works

      Introduction In the dynamic world of predictive markets, the Power Trade feature emerges as a game-changing tool designed to streamline trading experiences. This innovative option offers users a sophisticated yet straightforward approach to investing ...
    • Basics of Trading

      Trading Basics Can bid on both Yes and No shares Hedge positions Cannot place orders exceeding wallet funds Event outcome based on "Source of Settlement" No current leverage provision Deciding Whether to Bid on TradeX TradeX is a skill-based platform ...
    • Trading Fees Structure

      Understanding the fee structure is crucial for maximizing profits and managing costs: Buying Shares: There is no initial fee when purchasing shares. Selling Shares: Limit Orders: A 10% profit fee is applied. Market Orders: A 10% profit fee plus an ...
    • Responsible Trading Rules

      TradeX is an opinion trading platform that emphasizes responsible trading and user engagement. This article outlines the principles guiding user engagement on the platform. Responsible Trading Rules Age Requirement Minimum Age: Users must be at least ...