FEES & SETTLEMENT
Eight basis points. No platform fee, no minimum, no markup on the fill.
Spot makes money on volume cleared, not on the spread. We never trade against the book on our own account.
Schedule
30-DAY CLEARED NOTIONALTAKERMAKERSETTLEMENT
Up to $250k8.0 bps8.0 bpsT+0
$250k – $2M6.5 bps5.0 bpsT+0
$2M – $20M4.5 bps2.5 bpsT+0
Above $20M3.0 bps0.0 bpsT+0 / netted
What isn't charged
No seat licenses, no data fees on the public tape, no egress, no monthly minimum, no charge for unfilled orders or cancellations.
How cash moves
Fund by wire or ACH into a segregated account at a US chartered bank. Fills debit the balance in real time; sellers are paid at 17:00 ET.
Credit terms
Net-30 invoicing is available above $2M cleared per month, subject to review. Enterprise buyers can post a letter of credit instead of prefunding.