ICONOMI fees and how would we describe them to a non-crypto native.
FREE - your account with full functionality, including one-click portfolio re-balancing, private & public strategy and smart trading engine comes with no monthly fees.
Regular fees apply (see sections bellow).
If you plan to trade more than 1 million per month please get in touch with a representative for more information on custom trading fees.
Are you looking to invest 150,000 GBP / 100.000 EUR or more?
FREE - your ICONOMI Private account comes with no monthly fees.
Please visit our dedicated page and check if you are eligible to access ICONOMI Private benefits. Explore ICONOMI Private.
General
We don’t charge monthly fees. We offer our white-label solutions based on a shared risk/shared revenue model with a minimum consumption.
Buy/Sell fees
Custom trading fees apply based on trading volume.
Custody fee
0,2% yearly custody fee for assets in custody.
Visit our dedicated pages and get in touch with a representative for more information. Explore ICONOMI Wealth.
The fees of each Strategy are visible on a Strategy page once you login to the platform.
A weekly/monthly or quarterly fee charged to users who copy a Strategy in case a Strategy generates profits.
The majority of Strategies have a performance fee lower than 6%, though the fee can span from 0-30%.
This fee is subject to a “high-watermark” rule, so users only pay it once.
A yearly fee that is charged in small proportions daily (yearly fee/365) to users who are copying the Crypto Strategy.
The majority of Strategies have a Copy fee lower than 2%, though the fees can span from 0-10%.
Some Crypto Strategies might have an additional fee (e.g. entry, exit fee).
These fees are visible on the Strategy page a user gets invited to.
We charge zero spread on all trades, ensuring you can invest without worrying about hidden costs. For a more detailed explanation on how fees work, please visit our Fee Explanation page.
Every day, we will look at your trading activity from the past 90 days to calculate your average monthly trading volume. Based on this average, we place you in one of the fee tiers below.
Trading fee for buying and selling individual cryptocurrencies or copying/uncopying a Strategy.
Average Monthly Trading Volume | Fee |
---|---|
€0 + | 0.85% |
€250,000 + | 0.70% |
€500,000 + | 0.55% |
€1,000,000 + | 0.40% |
€3,000,000 + | 0.35% |
or a minimum €0.50 is charged.
When your Strategy rebalances your portfolio, a trading fee is applied to cover the costs of buying/selling cryptocurrencies. For example, if 5% of the assets in a Strategy is traded, this fee will be applied to that 5% of assets.
Average Monthly Trading Volume | Fee |
---|---|
€0 + | 0.45% |
€250,000 + | 0.42% |
€500,000 + | 0.39% |
€1,000,000 + | 0.37% |
€3,000,000 + | 0.35% |
For assets you do not intend to trade often we offer you the possibility to put them in cold-storage.
Custody fee
0,2% yearly custody fee for assets in custody.
(Only available for ICONOMI UK users)
Our goal is for you to understand our fee structure.
FREE - Crypto deposit
Bank
FREE - Bank deposit (SEPA, SEPA Instant, and UK bank transfers - costs of SEPA deposits are paid by ICONOMI)
Instant - for users of ICONOMI Netherlands
0.5% - iDEAL deposit (min. €100 deposit)
0.5% - Bancontact deposit (min. €1000 deposit)
Cards - for users of ICONOMI UK
3% - Card deposit (Cards - Visa and MasterCard)
0.50 – 1.50 EUR is charged for Bank account transfers - SEPA, SEPA Instant.
1.00 EUR is charged for Bunq bank account transfers.
1.00 – 1.80 GBP is charged for FPS Bank account transfers in the UK (Faster Payment System).
20 GBP is charged for CHAPS Bank account transfers in the UK (the Clearing House Automated Payment System).
To make it simple and predictable for users, we set fees to cover blockchain transaction costs. These fees are updated on a regular basis based on market conditions.
0.00005 BTC - Bitcoin (BTC) withdrawal
0.002 ETH - Ether (ETH) withdrawal
5 USDC - USD Coin (USDC) withdrawal
5 USDT - Tether (USDT) withdrawal