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. No fee is deducted if the user incurs a loss.
Selling Shares - Market Orders
10% of profit and additional 1% of the total amount is charged as trading fee for Sell-Market orders. This fee is applicable irrespective of profit/loss in the transaction.
Event Settlement
Tradex charges 10% of profit as trading fee on event settlement, if the prediction is correct. No fee is charged in case of wrong prediction.
Deposit Fees
There is currently no charge on depositing funds to the wallet.
Withdrawal Fees
Bank charges per withdrawal request are applied for withdrawals from the Tradex wallet to your bank account.
Related Articles
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 ...
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 ...
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 ...
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 ...
What are the trading hours at TradeX?
TradeX is always live and open for trading. Users can place bids at any point in time of the day or night as long as the event has not been settled already.