# Fees

> What STX charges. Maker orders are free; taker orders pay a small fee that depends on the price and your loyalty tier, at most 2.5¢ per contract.

Source: https://help.stxapp.ca/using-the-exchange/fees/

STX does not charge a commission on winnings. The only trading fee is on **taker orders**.

## Maker and taker orders

- **Maker:** your order rests on the order book and someone else matches it later. **No fee.**
- **Taker:** your order matches an order that is already on the book, so it fills straight away. You pay a fee.

A [limit order](https://help.stxapp.ca/using-the-exchange/how-to-place-limit-order/) at a price nobody is offering yet rests on the book, so when it fills it is a maker order. See [Orders](https://help.stxapp.ca/glossary/orders/) for the terms.

## How much is the taker fee?

It depends on the price and your [loyalty tier](https://help.stxapp.ca/loyalty-program/how-many-points-do-i-need-for-each-tier/). It is largest at 50¢ and gets smaller towards 1¢ and 99¢. The most it can be per contract:

| Loyalty tier | Maximum taker fee per contract |
| --- | --- |
| Rookie | 2.5¢ |
| Veteran | 2¢ |
| All-Star | 1.5¢ |
| MVP | 1¢ |
| Hall of Fame | No fee |

For example, a Rookie who buys 100 contracts at 50¢ as a taker pays $50 for the contracts and a $2.50 fee. At 20¢ (or 80¢), the fee on 100 contracts is $1.60.

The formula and the tier factors are in the [Fee Schedule](https://stxapp.ca/info/fee-schedule/).

## When is the fee charged?

When a taker order fills. (Before June 22, 2026, fees were taken when a market settled instead.)

## How can I pay less?

- Place limit orders that rest on the book: maker orders are free.
- Move up a loyalty tier: each tier has a lower taker fee, and Hall of Fame pays none. See [How do I earn STX Points?](https://help.stxapp.ca/loyalty-program/how-do-i-earn-stx-points/).