> For the complete documentation index, see [llms.txt](https://docs.hello.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.hello.trade/about/trading/trading-fees.md).

# Trading Fees

Trading fees were set to zero during the first stage of the HelloTrade alpha.

Now that Alpha 2.0 is live, Growth Mode fees will soon take effect. These fees are competitive and lower than typical CEX fees.

As we progress to Beta and beyond, new fee schedules will be introduced.

### Fee Tiers - Growth Mode Alpha

<table><thead><tr><th width="74.37890625" align="center">Tier</th><th width="177.109375" align="center">14-day Perpetual Futures Volume ($)</th><th width="207.7578125" align="center">Maker Fees</th><th width="225.734375" align="center">Taker Fees</th></tr></thead><tbody><tr><td align="center">0</td><td align="center">≥ $0</td><td align="center">0.000% (0 bps)</td><td align="center">0.020% (2 bps)</td></tr><tr><td align="center">1</td><td align="center">≥ $5m</td><td align="center">0.000% (0 bps)</td><td align="center">0.018% (1.8 bps)</td></tr><tr><td align="center">2</td><td align="center">≥ $10m</td><td align="center">0.000% (0 bps)</td><td align="center">0.016% (1.6 bps)</td></tr><tr><td align="center">3</td><td align="center">≥ $50m</td><td align="center">0.000% (0 bps)</td><td align="center">0.014% (1.4 bps)</td></tr><tr><td align="center">4</td><td align="center">≥ $500m</td><td align="center">0.000% (0 bps)</td><td align="center">0.012% (1.2 bps)</td></tr><tr><td align="center">5</td><td align="center">≥ $1bn</td><td align="center">0.000% (0 bps)</td><td align="center">0.010% (1 bps)</td></tr></tbody></table>

Tier 0 is the rate charged at execution. Higher tiers are applied as a daily rebate of the difference, paid to your account the following day.