Crypto trading · Rookie
Maker and taker fees
Also searched as: maker fee, taker fee
What does Maker and taker fees mean?
Maker and taker fees distinguish executions that add resting liquidity from executions that remove available liquidity. Fee treatment depends on how the order actually fills, not just its label.
Example
A limit order crossing the best ask executes immediately and can incur a taker fee.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Check both entry and exit costs. A maker execution may have a fee, a rebate or neither depending on the venue and applicable schedule.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.