Transaction Fees
Supported Models
Introduction
This page describes some of the pre-built fee models in LEAN. For more brokerage-specific fee models, see the brokerage model documentation. If none of these models perform exactly how you want, create a custom fee model.
Constant Model
The ConstantFeeModel applies the absolute value of a constant fee to each order. It's the default fee model of the DefaultBrokerageModel if you trade Forex, CFD, or Crypto assets. Use this model to set zero transaction fees.
security.SetFeeModel(new ConstantFeeModel(0.05m));
security.set_fee_model(ConstantFeeModel(0.05))
The following table describes the arguments the model accepts:
| Argument | Data Type | Description | Default Value |
|---|---|---|---|
fee | decimalfloat | The order fee quantity | |
currency | stringstr | The order fee currency | "USD" |
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Alpaca Model
The AlpacaFeeModel models the fees of Alpaca.
security.SetFeeModel(new AlpacaFeeModel());
security.set_fee_model(AlpacaFeeModel())
The AlpacaFeeModel charges zero fees for Equity and Equity Options trading.
For Crypto trades, it charges a 0.15% maker and 0.25% taker fee.
If you add liquidity to the order book by placing a limit order that doesn't cross the spread, you pay maker fees.
If you remove liquidity from the order book by placing an order that crosses the spread, you pay taker fees.
Alpaca adjusts your fees based on your 30-day trading volume, but we don't currently model these metrics to adjust fees.
The AlpacaFeeModel charges fees in the currency you receive from a trade. For example, if you buy ETHBTC, you pay fees in ETH. If you sell ETHBTC, you pay fees in BTC.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Binance Model
The BinanceFeeModel models the fees of spot trades on Binance and Binance US.
security.SetFeeModel(new BinanceFeeModel());
security.set_fee_model(BinanceFeeModel())
The following table describes the arguments the model accepts:
| Argument | Data Type | Description | Default Value |
|---|---|---|---|
mFeem_fee | decimalfloat | Maker fee value | 0.001 |
tFeet_fee | decimalfloat | Taker fee value | 0.001 |
The BinanceFeeModel charges the order fees of Binance and Binance US at the VIP 0 level, which is a 0.1% maker and taker fee. If you add liquidity to the order book by placing a limit order that doesn't cross the spread, you pay maker fees. If you remove liquidity from the order book by placing an order that crosses the spread, you pay taker fees. Binance adjusts your fees based on your 30-day trading volume and BNB balance, but we don't currently model these metrics to adjust fees.
The BinanceFeeModel charges fees in the currency you receive from a trade. For example, if you buy ETHBTC, you pay fees in ETH. If you sell ETHBTC, you pay fees in BTC.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Binance Futures Model
The BinanceFuturesFeeModel models the Binance Futures live trading fees.
security.SetFeeModel(new BinanceFuturesFeeModel());
security.set_fee_model(BinanceFuturesFeeModel())
The following table describes the arguments the model accepts:
| Argument | Data Type | Description | Default Value |
|---|---|---|---|
mUsdtFeem_usdt_fee | decimalfloat | Maker fee value for USDT pair contracts | 0.0002 |
tUsdtFeet_usdt_fee | decimalfloat | Taker fee value for USDT pair contracts | 0.0004 |
mBusdFeem_busd_fee | decimalfloat | Maker fee value for BUSD pair contracts | 0.00012 |
tBusdFeet_busd_fee | decimalfloat | Taker fee value for BUSD pair contracts | 0.00036 |
By default, the BinanceFuturesFeeModel charges the order fees of Binance Futures at the Regular User level. If you add liquidity to the order book by placing a limit order that doesn't cross the spread, you pay maker fees. If you remove liquidity from the order book by placing an order that crosses the spread, you pay taker fees. Binance adjusts your fees based on your 30-day trading volume and BNB balance, but we don't currently model these metrics to adjust fees.
The BinanceFuturesFeeModel charges fees in the currency you receive from a trade. For example, if you buy BTCUSD, you pay fees in BTC. If you sell BTCUSD, you pay fees in USD.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Binance Coin Futures Model
The BinanceCoinFuturesFeeModel models the Binance Coin Futures live trading fees.
security.SetFeeModel(new BinanceCoinFuturesFeeModel());
security.set_fee_model(BinanceCoinFuturesFeeModel())
The following table describes the arguments the model accepts:
| Argument | Data Type | Description | Default Value |
|---|---|---|---|
mFeem_fee | decimalfloat | Maker fee value | 0.0001 |
tFeet_fee | decimalfloat | Taker fee value | 0.0005 |
By default, the BinanceCoinFuturesFeeModel charges the order fees of Binance Coin Futures at the Regular User level. If you add liquidity to the order book by placing a limit order that doesn't cross the spread, you pay maker fees. If you remove liquidity from the order book by placing an order that crosses the spread, you pay taker fees. Binance adjusts your fees based on your 30-day trading volume and BNB balance, but we don't currently model these metrics to adjust fees.
The BinanceCoinFuturesFeeModel charges fees in the currency you receive from a trade. For example, if you buy BTCUSDT, you pay fees in BTC. If you sell BTCUSDT, you pay fees in USDT.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Bitfinex Model
The BitfinexFeeModel models the Bitfinex live trading fees.
security.SetFeeModel(new BitfinexFeeModel());
security.set_fee_model(BitfinexFeeModel())
The BitfinexFeeModel charges a 0.1% maker fee and a 0.2% taker fee. If you place a limit order that hits a hidden order or you add liquidity to the order book by placing a limit order that doesn't cross the spread, you pay maker fees. If you place a hidden order or you remove liquidity from the order book by placing an order that crosses the spread, you pay taker fees. Bitfinex adjusts your fees based on your 30-day trading volume and LEO balance, but we don't currently model these metrics to adjust fees.
The BitfinexFeeModel charges fees in the currency you receive from a trade. For example, if you buy ETHBTC, you pay fees in ETH. If you sell ETHBTC, you pay fees in BTC.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Bybit Model
The BybitFeeModel models the Bybit live trading fees.
security.SetFeeModel(new BybitFeeModel());
security.set_fee_model(BybitFeeModel())
The following table describes the arguments the model accepts:
| Argument | Data Type | Description | Default Value |
|---|---|---|---|
mFeem_fee | decimalfloat | Maker fee value | 0.001 |
tFeet_fee | decimalfloat | Taker fee value | 0.001 |
The BybitFeeModel charges the order fees of Bybit at the VIP 0 level, which is a 0.1% maker and taker fee for spot trades. If you add liquidity to the order book by placing a limit order that doesn't cross the spread, you pay maker fees. If you remove liquidity from the order book by placing an order that crosses the spread, you pay taker fees. Bybit adjusts your fees based on your 30-day trading volume, net borrowings, or asset balance, but we don't currently model these metrics to adjust fees. Bybit also charges different fees for fiat-Crypto pairs, (for example, USDT/EUR), but the BybitFeeModel charges the same fee rate for all pairs.
The BybitFeeModel charges fees in the currency you receive from a trade. For example, if you buy ETHBTC, you pay fees in ETH. If you sell ETHBTC, you pay fees in BTC.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Bybit Futures Model
The BybitFuturesFeeModel models the Bybit live trading fees.
security.SetFeeModel(new BybitFuturesFeeModel());
security.set_fee_model(BybitFuturesFeeModel())
The following table describes the arguments the model accepts:
| Argument | Data Type | Description | Default Value |
|---|---|---|---|
makerFeemaker_fee | decimalfloat | Maker fee value | 0.0002 |
takerFeetaker_fee | decimalfloat | Taker fee value | 0.00055 |
The BybitFuturesFeeModel charges the order fees of Bybit at the VIP 0 level, which is a 0.02% maker and a 0.055% taker fee for Crypto Futures trades. If you add liquidity to the order book by placing a limit order that doesn't cross the spread, you pay maker fees. If you remove liquidity from the order book by placing an order that crosses the spread, you pay taker fees. Bybit adjusts your fees based on your 30-day trading volume, net borrowings, or asset balance, but we don't currently model these metrics to adjust fees.
The BybitFuturesFeeModel charges fees in the currency you receive from a trade. For example, if you buy BTCUSDT, you pay fees in BTC. If you sell BTCUSDT, you pay fees in USDT.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Charles Schwab Model
The CharlesSchwabFeeModel models the fees of Charles Schwab.
security.SetFeeModel(new CharlesSchwabFeeModel());
security.set_fee_model(CharlesSchwabFeeModel())
The CharlesSchwabFeeModel charges $0 USD for Equity trades.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Coinbase Model
The CoinbaseFeeModel models the Coinbase live trading fees.
security.SetFeeModel(new CoinbaseFeeModel());
security.set_fee_model(CoinbaseFeeModel())
The CoinbaseFeeModel models the order fees of Coinbase at the $50K-100K pricing tier for all Crypto pairs, so it charges a 0.6% maker and a 0.8% taker fee for most pairs. The following table shows the Coinbase Stable Pairs, which charge a 0% maker fee and a 0.001% taker fee:
| Stable Pairs | |||
|---|---|---|---|
| DAIUSDC | DAIUSD | GYENUSD | PAXUSD |
| PAXUSDT | MUSDUSD | USDCEUR | USDCGBP |
| USDTEUR | USDTGBP | USDTUSD | USDTUSDC |
| USTEUR | USTUSD | USTUSDT | WBTCBTC |
If you add liquidity to the order book by placing a limit order that doesn't cross the spread, you pay maker fees. If you remove liquidity from the order book by placing an order that crosses the spread, you pay taker fees. Coinbase adjusts your fees based on your 30-day trading volume, but we don't currently model trading volume to adjust fees.
The CoinbaseFeeModel models the adjustments Coinbase has made to their fees over time. The following table shows the fees for each time period:
| Time Period (UTC) | Maker Fee (%) | Taker Fee (%) | Stable Coin |
|---|---|---|---|
| Time < 3/23/2019 1:30AM | 0 | 0.3 | |
| 3/23/2019 1:30AM <= Time < 10/8/2019 12:30AM | 0.15 | 0.25 | |
| 10/8/2019 12:30AM <= Time | 0.5 | 0.5 | |
| Time < 6/1/2022 3/23/2019 12:00AM | 0 | 0.1% | ![]() |
The CoinbaseFeeModel charges fees in the quote currency.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Interactive Brokers Model
The InteractiveBrokersFeeModel models the fees of Interactive Brokers.
security.SetFeeModel(new InteractiveBrokersFeeModel());
security.set_fee_model(InteractiveBrokersFeeModel())
The following table describes the arguments the model accepts:
| Argument | Data Type | Description | Default Value |
|---|---|---|---|
monthlyForexTradeAmountInUSDollarsmonthly_forex_trade_amount_in_us_dollars | decimalfloat | Monthly Forex dollar volume traded | 0 |
monthlyOptionsTradeAmountInContractsmonthly_options_trade_amount_in_contracts | decimalfloat | Monthly Option contracts traded | 0 |
The following table describes which currency the InteractiveBrokersFeeModel charges fees in for each asset class:
| Asset Class | Fee Currency |
|---|---|
| US Equity | USD |
| India Equity | INR |
| Equity Options | USD |
| Forex | USD |
| US Futures | USD |
| Hong Kong Futures | The contract quote currency (CNH, HKD, or USD) |
| US Future Options | USD |
| Hong Kong Future Options | The contract quote currency (CNH, HKD, or USD) |
| Index Options | USD |
| CFD | The contract quote currency |
The following sections describe the trading fees of each asset class.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
US Equities
US Equity trades cost $0.005/share with a $1 minimum fee and a 0.5% maximum fee.
Equity Options and Index Options
Equity Options and Index Options fees are a function of your monthly volume and the premium of the contract you trade. The following table shows the fees for each volume tier:
| Monthly Volume (Contacts) | Premium ($) | Fee per Contract ($) |
|---|---|---|
| <= 10,000 | < 0.05 | 0.25 |
| <= 10,000 | 0.05 <= premium < 0.10 | 0.50 |
| <= 10,000 | >= 0.10 | 0.70 |
| 10,000 < volume <= 50,000 | < 0.05 | 0.25 |
| 10,000 < volume <= 50,000 | >= 0.05 | 0.50 |
| 50,000 < volume <= 100,000 | Any | 0.25 |
| > 100,000 | Any | 0.15 |
By default, LEAN models your fees at the tier with the lowest monthly volume. To adjust the fee tier, manually set the fee model and provide a monthlyOptionsTradeAmountInContractsmonthly_options_trade_amount_in_contracts argument.
The following table shows how the model determines the premium for each order type and direction:
| Order Type | Buy Order Premium | Sell Order Premium |
|---|---|---|
| Market | Bid price | Ask price |
| Limit | Limit price | Limit price |
| Limit if touched | Limit price | Limit price |
| Stop market | Stop price | Stop price |
| Stop limit | Limit price | Limit price |
| Trailing stop | Stop price | Stop price |
| Market on open | Bid price | Ask price |
| Market on close | Bid price | Ask price |
| Combo market | Bid price | Ask price |
| Combo limit | Limit price | Limit price |
| Combo leg limit | Limit price | Limit price |
There is no fee to exercise Option contracts.
Forex
Forex fees are a function of your monthly Forex trading volume. The following table shows the fee tiers:
| Monthly Volume (USD) | Commission Rate (%) | Minimum Fee ($) |
|---|---|---|
| <= 1B | 0.002 | 2 |
| 1B < volume <= 2B | 0.0015 | 1.5 |
| 2B < volume <= 5B | 0.001 | 1.25 |
| > 5B | 0.0008 | 1 |
By default, LEAN models your fees at the tier with the lowest monthly volume. To adjust the fee tier, manually set the fee model and provide a monthlyForexTradeAmountInUSDollarsmonthly_forex_trade_amount_in_us_dollars argument.
US Futures
US Futures fees depend on the contracts you trade. The following table shows the base fee per contract for each Future:
| Contract Symbol | Market | Name | Base Fee Per Contract ($) | Exchange Fee Per Contract ($) |
|---|---|---|---|---|
| E-mini Futures | ||||
| ES | CME | E-mini S&P 500 Futures | 0.85 | 1.28 |
| NQ | CME | E-mini Nasdaq-100 Futures | 0.85 | 1.28 |
| YM | CBOT | E-mini Dow ($5) Futures | 0.85 | 1.28 |
| RTY | CME | E-mini Russell 2000 Index Futures | 0.85 | 1.28 |
| EMD | CME | E-mini S&P MidCap 400 Futures | 0.85 | 1.28 |
| Micro E-mini Futures | ||||
| MYM | CBOT | Micro E-mini Dow Jones Industrial Average Index Futures | 0.25 | 0.3 |
| M2K | CME | Micro E-mini Russell 2000 Index Futures | 0.25 | 0.3 |
| MES | CME | Micro E-mini Standard and Poor's 500 Stock Price Index Futures | 0.25 | 0.3 |
| MNQ | CME | Micro E-mini Nasdaq-100 Index Futures | 0.25 | 0.3 |
| 2YY | CBOT | Micro 2-Year Yield Futures | 0.25 | 0.3 |
| 5YY | CBOT | Micro 5-Year Yield Futures | 0.25 | 0.3 |
| 10Y | CBOT | Micro 10-Year Yield Futures | 0.25 | 0.3 |
| 30Y | CBOT | Micro 30-Year Yield Futures | 0.25 | 0.3 |
| MCL | NYMEX | Micro WTI Crude Oil Futures | 0.25 | 0.3 |
| MGC | COMEX | Micro Gold Futures | 0.25 | 0.3 |
| SIL | COMEX | Micro Silver Futures | 0.25 | 0.3 |
| Cryptocurrency Futures | ||||
| BTC | CME | Bitcoin Futures | 5 | 6 |
| MIB | CME | BTIC on Micro Bitcoin Futures | 2.25 | 2.5 |
| MBT | CME | Micro Bitcoin Futures | 2.25 | 2.5 |
| MET | CME | Micro Ether Futures | 0.2 | 0.2 |
| MRB | CME | BTIC on Micro Ether Futures | 0.2 | 0.2 |
| E-mini FX Futures | ||||
| E7 | CME | E-mini Euro FX Futures | 0.5 | 0.85 |
| J7 | CME | E-mini Japanese Yen Futures | 0.5 | 0.85 |
| Micro E-mini FX Futures | ||||
| M6E | CME | Micro Euro/U.S. Dollar (EUR/USD) Futures | 0.15 | 0.24 |
| M6A | CME | Micro Australian Dollar/U.S. Dollar (AUD/USD) Futures | 0.15 | 0.24 |
| M6B | CME | Micro British Pound Sterling/U.S. Dollar (GBP/USD) Futures | 0.15 | 0.24 |
| MCD | CME | Micro Canadian Dollar/U.S.Dollar(CAD/USD) Futures | 0.15 | 0.24 |
| MJY | CME | Micro Japanese Yen/U.S. Dollar (JPY/USD) Futures | 0.15 | 0.24 |
| MSF | CME | Micro Swiss Franc/U.S. Dollar (CHF/USD) Futures | 0.15 | 0.24 |
| M6J | CME | Micro USD/JPY Futures | 0.15 | 0.24 |
| MIR | CME | Micro INR/USD Futures | 0.15 | 0.24 |
| M6C | CME | Micro USD/CAD Futures | 0.15 | 0.24 |
| M6S | CME | Micro USD/CHF Futures | 0.15 | 0.24 |
| MNH | CME | Micro USD/CNH Futures | 0.15 | 0.24 |
If you trade a contract that's not in the preceding table, the base fee is $0.85/contract and the exchange fee is $1.60/contract.
In addition to the base fee and exchange fee, there is a $0.02/contract regulatory fee.
Futures Options
Futures Options fees depend on the contracts you trade. The following table shows the base fee per contract for each Future:
| Contract Symbol | Market | Underlying Futures Name | Base Fee Per Contract ($) | Exchange Fee Per Contract ($) |
|---|---|---|---|---|
| E-mini Futures Options | ||||
| ES | CME | E-mini S&P 500 Futures | 0.85 | 0.55 |
| NQ | CME | E-mini Nasdaq-100 Futures | 0.85 | 0.55 |
| YM | CBOT | E-mini Dow ($5) Futures | 0.85 | 0.55 |
| RTY | CME | E-mini Russell 2000 Index Futures | 0.85 | 0.55 |
| EMD | CME | E-mini S&P MidCap 400 Futures | 0.85 | 0.55 |
| Micro E-mini Futures Options | ||||
| MYM | CBOT | Micro E-mini Dow Jones Industrial Average Index Futures | 0.25 | 0.2 |
| M2K | CME | Micro E-mini Russell 2000 Index Futures | 0.25 | 0.2 |
| MES | CME | Micro E-mini Standard and Poor's 500 Stock Price Index Futures | 0.25 | 0.2 |
| MNQ | CME | Micro E-mini Nasdaq-100 Index Futures | 0.25 | 0.2 |
| 2YY | CBOT | Micro 2-Year Yield Futures | 0.25 | 0.2 |
| 5YY | CBOT | Micro 5-Year Yield Futures | 0.25 | 0.2 |
| 10Y | CBOT | Micro 10-Year Yield Futures | 0.25 | 0.2 |
| 30Y | CBOT | Micro 30-Year Yield Futures | 0.25 | 0.2 |
| MCL | NYMEX | Micro WTI Crude Oil Futures | 0.25 | 0.2 |
| MGC | COMEX | Micro Gold Futures | 0.25 | 0.2 |
| SIL | COMEX | Micro Silver Futures | 0.25 | 0.2 |
| Cryptocurrency Futures Options | ||||
| BTC | CME | Bitcoin Futures | 5 | 5 |
| MIB | CME | BTIC on Micro Bitcoin Futures | 1.25 | 2.5 |
| MBT | CME | Micro Bitcoin Futures | 1.25 | 2.5 |
| MET | CME | Micro Ether Futures | 0.1 | 0.2 |
| MRB | CME | BTIC on Micro Ether Futures | 0.1 | 0.2 |
If you trade a contract that's not in the preceding table, the base fee is $0.85/contract and the exchange fee is $1.60/contract.
In addition to the base fee and exchange fee, there is a $0.02/contract regulatory fee.
CFD
CFD trades cost 0.002% of the trade value. The following table shows the minimum fee for each quote currency:
| Quote Currency | Fee |
|---|---|
| JPY | ¥40 |
| MKD | HK$10 |
| Other | 1 |
CFD trading fees are denominated in the quote currency of the CFD product.
Kraken Model
The KrakenFeeModel models the fees of Kraken.
security.SetFeeModel(new KrakenFeeModel());
security.set_fee_model(KrakenFeeModel())
The KrakenFeeModel model the order fees of Kraken. For trading pairs that contain only Crypto assets, this fee model models the lowest tier in Kraken's tiered fee structure, which is a 0.16% maker fee and a 0.26% taker fee. If you add liquidity to the order book by placing a limit order that doesn't cross the spread, you pay maker fees. If you remove liquidity from the order book by placing an order that crosses the spread, you pay taker fees. For trading pairs that have any of the following currencies as the base currency in the pair, the fee is 0.2%:
- CAD
- EUR
- GBP
- JPY
- USD
- USDT
- DAI
- USDC
The KrakenFeeModel charges fees in the quote currency for buy orders and in the base currency for sell orders. To override these settings, define the KrakenOrderProperties.
public override void Initialize()
{
// Set the default order properties
DefaultOrderProperties = new KrakenOrderProperties()
{
FeeInBase = true,
FeeInQuote = false
};
}
public override void OnData(Slice slice)
{
// Override the default order properties
LimitOrder(_symbol, quantity, limitPrice,
orderProperties: new KrakenOrderProperties
{
FeeInQuote = true,
FeeInBase = false
});
} def initialize(self) -> None:
# Set the default order properties
self.default_order_properties = KrakenOrderProperties()
self.default_order_properties.fee_in_base = True
self.default_order_properties.fee_in_quote = False
def on_data(self, slice: Slice) -> None:
# Override the default order properties
order_properties = KrakenOrderProperties()
order_properties.fee_in_quote = True
order_properties.fee_in_base = False
self.limit_order(self._symbol, quantity, limit_price, order_properties=order_properties)
Kraken adjusts your fees based on your 30-day trading volume, but the KrakenFeeModel don't currently model trading volume to adjust fees.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Samco Model
The SamcoFeeModel models the fees of Samco.
security.SetFeeModel(new SamcoFeeModel());
security.set_fee_model(SamcoFeeModel())
The SamcoFeeModel models the order fees of Samco by its Equity Intraday fee structure. The following table shows the fees:
| Charge Item | Fee |
|---|---|
| Brokerage Fee | ₹20 per trade or 0.02% (whichever is lower) |
| Exchange Transaction Charge | 0.00345% |
| Securities Transaction Tax | 0.025% |
| Goods and Services Tax | 18% |
| SEBI Charges | 0.0001% |
| Stamp Duty | 0.003% |
The SamcoFeeModel charges fees in INR.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Tastytrade Model
The TastytradeFeeModel models the fees of Tastytrade.
security.SetFeeModel(new TastytradeFeeModel());
security.set_fee_model(TastytradeFeeModel())
The following sections describe the trading fees of each asset class.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
US Equities
US Equity trades are free.
Equity Options
Equity Option trades cost $1 USD per contract to open a position, free to close.
Index Options
Index Option trades cost $1 USD per contract to open a position, free to close.
Futures
Futures trades cost $1.25 USD per contract.
Future Options
Future Option trades cost $2.5 USD per contract to open a position, free to close.
TradeStation Model
The TradeStationFeeModel models the fees of TradeStation.
security.SetFeeModel(new TradeStationFeeModel());
security.set_fee_model(TradeStationFeeModel())
The following sections describe the trading fees of each asset class.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
US Equities
US Equity trades are free for US residents. For non-US residents, they cost $5 USD per order.
Equity Options
Equity Option trades cost $0.60 USD per contract. For non-US residents, they cost an extra $5 USD per order.
Index Options
Index Option trades cost $1.00 USD per contract. For non-US residents, they cost an extra $5 USD per order.
Futures
Futures trades cost $1.50 USD per contract.
Wolverine Model
The WolverineFeeModel models the fees of Wolverine Execution Services.
security.SetFeeModel(new WolverineFeeModel());
security.set_fee_model(WolverineFeeModel())
The following table describes the arguments the model accepts:
| Argument | Data Type | Description | Default Value |
|---|---|---|---|
feesPerSharefees_per_share | decimal?float/NoneType | The fees per share to apply. If nullNone, it uses 0.005. | nullNone |
The WolverineFeeModel charges fees in USD.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
Zerodha Model
The ZerodhaFeeModel models the fees of Zerodha.
security.SetFeeModel(new ZerodhaFeeModel());
security.set_fee_model(ZerodhaFeeModel())
The ZerodhaFeeModel models the order fees of Zerodha with its Equity Intraday fee structure. The following table shows the fees:
| Charge Item | Fee |
|---|---|
| Brokerage Fee | ₹20 per trade or 0.03% (whichever is lower) |
| Exchange Transaction Charge | 0.00345% |
| Securities Transaction Tax | 0.025% |
| Goods and Services Tax | 18% |
| SEBI Charges | 0.0001% |
| Stamp Duty | 0.003% |
The ZerodhaFeeModel charges fees in INR.
For more information about this model, see the class reference and implementation.
For more information about this model, see the class reference and implementation.
