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Fees and Tariffs

Here are all the fees and conditions of the UTEX—Margin

Sergei (CPO at UTEX.io) avatar
Written by Sergei (CPO at UTEX.io)
Updated over a month ago

Trading Fees

The commission for the transaction depends on the turnover traded in the previous week:

UTEX—Margin Stocks

Turnover

Commission

Discount

Up to $50К

0.04%

0%

From $50К

0.035%

12.5%

From $250К

0.03%

25.0%

From $1.5M

0.025%

37.5%

From $3.75M

0.02%

50.0%

UTEX—Margin Crypto

Turnover

Commission

Discount

Up to $3K

0.1%

0%

From $3K

0.07%

30%

From $50

0.055%

45%

From $150K

0.05%

55%

From $320K

0.04%

60%

Other Trading Conditions

Leverage ×30

Leverage is a multiplier that allows you to open positions worth 30 times your balance.

Leverage is automatically applied when you open positions for an amount greater than your account balance. If you do not want to use leverage, make sure that the sum of positions does not exceed the balance.

Overnight fee

If you have any open positions in the stock market at market close, you will be charged:

  • 0.028% of the total positions exceeding the balance;

  • additionally — 0.0833% of the amount exceeding the balance by 2 times.

Example for the stock market. Let's say you have $1000 in your account and you want to carry forward a position of $3900 for tomorrow. The fee will be as follows

  • 0.0278% on the total amount over the balance, — of $2900.

  • 0.0833% additionally, only on the amount exceeding the balance by 2 times — of $1900.

Total overnight fees: $2.39.

In the crypto market, overnight fees are applied to the total amount of positions. The specific fee is displayed on each ticker's page.

Example for the cryptocurrency market. Let's say you have $1000 in your account and want to carry forward a $30,000 BTC position to tomorrow. The fee will be applied to the total amount of positions: $30,000 × 0.0085% = $2.55.

Overnight threshold

Applies to stocks trading only. Calculated by the formula: (balance + fixed profit) × 4. If at market close your positions exceed the overnight threshold, the risk manager can reduce your positions at the market price. There is no such restriction for cryptocurrency trading.

For example, you have deposited $100. So your overnight threshold is $400. During the day, you bought $600 worth of stock ($20 leveraged ×30). This exceeds your overnight threshold, so the risk manager will close this position in the last five minutes of the market. We will send you a warning email half an hour before the close.

Another example: you have deposited $100. Your overnight threshold is $400. During the day, you bought $300 worth of stock ($10 leveraged ×30). That's less than your overnight threshold, so you're fine. If you decide to carry this position forward to tomorrow, an overnight fee will be deducted from your account.

To find out what your overnight threshold is, hover over ‘Used’ in the position block.

Loss limit

If during the day the total loss exceeds the loss limit, positions will be automatically closed at the market price and trading will be blocked until the next day. By default, the limit in the stock market is 80% of the cache balance and in the cryptocurrency market it is 70%, but you can change it.

Penny fee

Charged if the execution price is less than 8 USDT. 0.003 USDT per share.

Deposit Fees

Deposit method

Fee

Min. amount

USDT via Blockchain

0%

1 USDT

USDT from UTEX—Spot account

0%

1 USDT

Withdrawal Fees

Withdrawal method

Fee

Min. amount

USDT (TRON)

4 USDT

10 USDT

USDT (Ethereum)

10 USDT

50 USDT

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