Key Changes in Options Trading Fees
To enhance our options trading services, OKX will implement updated fee calculation rules effective May 15, 2025, at 3:00 PM (UTC+8). These adjustments aim to provide greater cost efficiency for traders while maintaining platform sustainability.
Fee Structure Comparison
| Component | Previous Formula | New Formula |
|---|---|---|
| Trading Fee | Min (Fee Rate × Contract Multiplier × Contract Face Value × Trade Volume, 12.5% × Premium × Contract Multiplier × Contract Face Value × Trade Volume) | Min (Fee Rate × Contract Multiplier × Contract Face Value × Trade Volume, 7% × Premium × Contract Multiplier × Contract Face Value × Trade Volume) |
| Exercise Fee | Min (0.02% × Contract Multiplier × Contract Face Value × Trade Volume, Taker Fee Rate × Contract Multiplier × Contract Face Value × Trade Volume, 12.5% × Settlement Price × Contract Multiplier × Trade Volume) • Same-day options exempt | Min (0.02% × Contract Multiplier × Contract Face Value × Trade Volume, Taker Fee Rate × Contract Multiplier × Contract Face Value × Trade Volume, 7% × Settlement Price × Contract Multiplier × Trade Volume) • Same-day options exempt |
| Liquidation Fee | Min (Taker Fee Tier × Contract Multiplier × Trade Volume, 12.5% × Mark Price × Contract Multiplier × Contract Face Value × Trade Volume) | Min (Taker Fee Tier × Contract Multiplier × Trade Volume, 7% × Mark Price × Contract Multiplier × Contract Face Value × Trade Volume) |
👉 Discover how these changes impact your trading strategy
Why This Matters for Options Traders
The revised fee structure represents a 44% reduction in maximum chargeable percentages (from 12.5% to 7%) across all fee components. This change particularly benefits:
- High-volume traders executing large orders
- Frequent exercisers of in-the-money options
- Portfolios with leveraged positions requiring risk management
Understanding the Technical Details
- Same-day options (those expiring on non-Friday dates) remain exempt from exercise fees
- The minimum charge principle still applies - traders pay the lower of either percentage-based or fixed-rate calculations
- All fees continue to be calculated per contract and denominated in the option's settlement currency
👉 Calculate your potential savings with our fee estimator
Frequently Asked Questions
Q: When do these changes take effect?
A: The new fee structure begins May 15, 2025, at 3:00 PM UTC+8. All trades executed after this time will use the updated calculation method.
Q: Will pending orders be affected?
A: Yes, any orders filled after the effective time will be subject to the new fees, regardless of when they were placed.
Q: How much can I expect to save?
A: Savings vary by trading activity. Traders who frequently hit the previous 12.5% cap could see nearly halved maximum fees.
Q: Are there any exceptions to the new rates?
A: The changes apply universally to all OKX options products. No instruments or user groups are excluded.
Q: Where can I see the fee breakdown for my trades?
A: Detailed fee information appears in your trade confirmation receipts and account statements.
Commitment to Transparent Pricing
These adjustments reflect OKX's ongoing commitment to competitive, transparent pricing structures. By reducing maximum chargeable percentages while maintaining our "minimum fee" principle, we ensure:
- Fair pricing for all market participants
- Continued platform reliability and security
- Sustainable operations supporting future product innovations
👉 Explore our full range of trading products
The OKX Team continues to monitor market conditions and user feedback to optimize our fee structures. Further improvements may be implemented based on ecosystem development and trader needs.