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Billing & Fees

1. General Payment Principle​

Firedrake uses different payment models for SPOT and FUTURES markets. Platform commissions are paid in Firedrake Credits (FDC).

2. SPOT​

The platform does not charge a commission for trading on SPOT.

3. FUTURES: Commission on Traded Volume​

For trading on FUTURES, the platform charges a commission on the actually executed volume of trades placed by Firedrake bots.

Rates (same for all exchanges):

  • Maker: 0.02%
  • Taker: 0.05%

The commission is deducted in FDC from the Spending Wallet balance.

4. What is Traded Volume​

Traded volume is the value of the executed part of the order in USDT. If an order is partially executed, the commission is calculated only on the executed part.

5. Maker and Taker​

Taker​

The order is executed immediately against existing liquidity:

  • Market orders;
  • Limit orders that execute instantly.

Maker​

The order adds liquidity and is executed later:

  • Limit orders placed in the order book.

The commission type is determined by the exchange upon execution.

6. Which Orders Are Subject to Firedrake Commission​

The platform commission applies only to orders placed by Firedrake bots.

  • ✅ Firedrake bot orders — commission applies;
  • ❌ Manual orders on the exchange — commission does not apply;
  • ❌ Orders from other services — commission does not apply.

7. Commission Calculation Example​

A common bot trade setup looks like this:

  1. Open position — the first order is MARKET (almost always taker).
  2. Averaging grid — for example, 3 LIMIT averaging orders (often maker if they sit in the book and fill later).
  3. Exit with profit — a LIMIT Take Profit order (often maker).

Below is an example where all orders are fully filled, and the first order size is 10 USDT:

  • Order 1 (MARKET entry): 10 USDT → taker
  • Order 2 (LIMIT averaging): 10 USDT → maker
  • Order 3 (LIMIT averaging): 10 USDT → maker
  • Order 4 (LIMIT averaging): 10 USDT → maker
  • Order 5 (LIMIT Take Profit): 40 USDT → maker

Total traded volume: 10 + 10 + 10 + 10 + 40 = 80 USDT

Firedrake fee:

  • Taker (MARKET): 10 × 0.05% = 0.005 FDC
  • Maker (averaging LIMITs + TP): 70 × 0.02% = 70 × 0.0002 = 0.014 FDC

Total: 0.005 + 0.014 = 0.019 FDC

8. Benefits of Volume-Based Pricing​

Paying per traded volume is a flexible model that works well for most traders:

  1. You pay only when you trade If you travel, get busy, or take a break — no trading activity means no platform fees. Many users find this more comfortable than a fixed monthly subscription.

  2. Works for any account size

    • Small deposit → smaller volume → smaller fee.
    • Large deposit → larger volume → larger fee. This is often more fair than a high fixed subscription. For example, with a $1,000 deposit it can be hard to justify a platform that charges $100/month, especially if you trade infrequently.

  3. No “subscription tiers” pressure You don’t overpay during inactive periods and you don’t get locked into a tier just to access features — cost scales with usage (volume), not with a plan name.

9. Yearly Subscription Plan​

A yearly plan is also available: 1500 FDC per year.

Benefits of Subscription Pricing​

  • No volume-based platform fee (maker/taker) is charged With an active yearly subscription, you do not pay Firedrake’s per-volume maker/taker fee — it is replaced by the subscription fee.
  • Covers all platform services The subscription covers all current and future platform services and paid mechanics within Firedrake (under the plan’s terms).
  • Predictable costs Great for active users: your platform cost is known upfront and does not depend on your trading volume.

For details and availability, see the Pricing section on the main page: https://www.firedrake.app/#pricing

10. Registration Bonus​

15 FDC is credited upon registration.

The bonus can be used for:

  • Testing strategies;
  • Paying commissions;
  • Getting acquainted with the platform.