WEEX: Spots & futures fee calculation instructions

Dear WEEXers,

WEEX Spot trading fees: https://support.weex.com/en/rate

WEEX futures trading fees are only incurred when opening, closing, or reducing positions through trading. Fees are not incurred for unfilled or canceled orders.

The deduction of fees is settled in the position margin. Fees are calculated based on the position value and are not related to leverage.

WEEX futures trading fees are differentiated between maker and taker during both order placement and execution:

  (1) Maker order: 0.02% fee rate. Orders placed by maker users that are not immediately filled will be displayed in the market depth.

  (2) Taker order: 0.06% fee rate. Taker users actively execute orders that have already been placed, causing a decrease in the number of existing orders in the market depth. Taker users will be charged a fee of 0.06% for executing such orders.

	Futures All Pairs	Futures Pro All Pairs
Maker	0.02%	0.02%
Taker	0.06%	0.06%

https://support.weex.com/en/rate

Additional information:

Maker Orders:
When you place an order (such as a limit order) that enters all or part of the order book (market), any subsequent trades from that order will be considered maker trades. These orders increase the number of orders in the order book (market), and help with market making, thus being referred to as maker orders for any subsequent trades.

Notes:
1. GTC (Good Till Cancelled) orders can be used as both taker and maker orders.
2. Using a limit order does not guarantee that your order will be a maker order.
3. If you want to ensure that your order enters the order book (market) before being executed, please select "Maker Only" when placing the order.

Taker orders:

If the order you place is immediately executed before entering the order book, you are classified as a taker. This is the case regardless of whether you execute all or part of the order.

Trades from market orders are always classified as taker trades because market orders never appear in the order book. These trades "take away" trading volume from the order book (market), which is why they are referred to as taker trades.

Notes:
1. IOC (Immediate or Cancel) and FOK (Fill or Kill) orders are also taker orders.

Futures fee calculation formula:

Fee = (opening price x face value x lots x maker/taker fee rate)

Futures fee rate table:

	Futures All Pairs	Futures Pro All Pairs
Maker	0.02%	0.02%
Taker	0.06%	0.06%

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Thank you for your support of WEEX!

WEEX Team

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