Exchange fees: what a bot’s trade really costs

What the exchange takes

On spot, the base fee at large exchanges is usually about 0.1% of each trade. The exact rate depends on the exchange and your tier — look it up in your exchange account.

Nexora takes nothing from your trades: its price is the subscription alone.

Count the cycle, not the trade

A bot’s cycle is a buy and a sell, so two fees. At 0.1% a cycle costs 0.2% of the amount. A rung with a 1% target gives the exchange a fifth of its result. With a 0.5% target it would give 40%. That is why a rung’s target in Nexora cannot be below 1%.

A fee also reduces the coins you get

On a buy, an exchange often takes its fee in the coin you bought: you receive slightly less than you ordered. The bot accounts for that and sells what actually arrived. So the quantity in a sell order can be a little less than what was bought — that is not an error.

Where Nexora shows it

• On the Overview screen fees are a figure of their own, next to realized profit.
• A backtest has the lines “Fees paid” and “Fees vs gross profit”.

How not to feed the exchange

• Do not make the step and target too small: frequent trades with a small target are mostly fees.
• Do not create a bot afresh without need: a new bot buys at market on its first start, and that is one more fee.
• Check the fee share in a backtest before you start, not after.