TARIEVEN / FEE SCHEDULES
Omdat AMDAX zowel Nederlandse als internationale klanten bedient, hebben we onze juridische documenten in het Engels opgesteld. Binnen AMDAX is Engels het uitgangspunt als het om juridische communicatie gaat – de Engelse contracten zijn dus leidend. Indien u vragen heeft over een van de documenten, staan we altijd voor u klaar om deze te beantwoorden – uiteraard (ook) in het Nederlands.
Last updated September 04, 2020
Trading fees are based on a tiered schedule.
You will pay the price of the first Level (L1). At the end of the month, we will calculate the actual level of your trading volume. The fees paid on top of the L1 discount, will be received as rebate on the first day of the next calendar month.
| LEVEL | START LEVEL | LEVEL HIGH | Transaction fee |
| L1 | € 0 | € 1.000.000,00 | 1.00% – 100BPS |
| L2 | € 1.000.000,00 | € 2.500.000,00 | 0.50% – 50BPS |
| L3 | € 2.500.000,00 | € 5.000.000,00 | 0.40% – 40BPS |
| L4 | € 5.000.000,00 | € 10.000.000,00 | 0.35% – 35BPS |
| L5 | € 10.000.000,00 | € 20.000.000,00 | 0.30% – 30BPS |
| L6 | € 20.000.000,00 | € 50.000.000,00 | 0.25% – 25BPS |
| L7 | € 50.000.000,00 | And over | 0.20% – 20BPS |
Peter wants to buy €125.000 Euro for BTC. The prevailing AMDAX market price of BTC is €8.000. On his platform, Peter is provided a Quoted Price of €8.080, which includes the 1.00% (100BPS) of fees. Peter receives (125.000/8.080) 15,4703 BTC. This transaction includes €1.250 in fees.
Peter wants to sell 15 BTC for Euro. The prevailing AMDAX market price of BTC is €9.000. On his platform, Peter is provided a Quoted Price of €8.910, which includes the 1.00% (100BPS) in the spread. Peter receives (15 * 8.910) €133.650. This transaction includes €1.350 in fees.
Peter trades 4 million in one month. He pays 100 BPS per trade during the month. Peter ended the month in discount level L3. He has the right for a rebate on the volume he did in L2 and L3.
On the first day of the next calendar month, Peter will receive a rebate of (40.000 – 24.500) € 15.500 added to the fiat balance. Peter paid an average of 38,75 BPS during that last given month.
Any change to our Trading Fee Schedule, including adjustments to any tiers or rates, will be emailed and/or posted no fewer than three calendar days before such changes are to take effect and no changes will be in effect for fewer than 30 calendar days, subject to any shorter period of time that may be required by applicable law or regulation.
Any transfer initiated after the effective date indicated in such notice will be subject to the new Trading Fee Schedule and you will be deemed to have agreed to the new Trading Fee Scheduled by continuing to use our services.
Last updated September 04, 2020
| Fiat Account Fee (EURO and other currencies) | 1.00 % on EURO holdings per annum [i] |
| Minimum Balance | None |
| Setup Fee | FREE |
[i] Fees are annualized and include VAT. Fees are deducted monthly from your fiat account.
| Standard Custody Fee (Digital Assets, incl. Stable Coins) | 1.00 % on Assets Under Custody per annum [ii] |
| Minimum Balance | None |
| Setup Fee | FREE |
| Standard Custody Fee with Insurance | 1.50 % on Assets Under Custody per annum [ii] |
| Minimum Balance | None |
| Setup Fee | FREE |
| Private Custody Fee with Insurance | 1.00 % on Assets Under Custody per annum [ii] |
| Setup Fee | € 950 euro [iii] |
| Governance Management | € 500 euro per month [iii] |
[ii] Fees are annualized and include VAT. Fees are deducted monthly from your the respective digital assets held in your Custody Account.
[iii] excluding VAT.
Any change to our Custody Fee Schedule, including adjustments to any tiers or rates, will be emailed and/or posted no fewer than three calendar days before such changes are to take effect and no changes will be in effect for fewer than 30 calendar days, subject to any shorter period of time that may be required by applicable law or regulation.
Last updated June 16, 2020
| DEPOSIT TYPE | COST PER DEPOSIT |
| Bitcoin, Ether | FREE |
| Fiat transfer | FREE [i] |
[i] Your bank may charge you a fee to wire money into your AMDAX account.
| WITHDRAWAL TYPE | COST PER WITHDRAWAL (≤ 10 withdrawals per calendar month) |
COST PER WITHDRAWAL (> 10 withdrawals per calendar month) |
| Bitcoin | FREE | 0.001 BTC [ii] |
| Ether | FREE | 0.001 ETH |
| Fiat transfer | FREE | FREE |
[ii] BTC withdrawals in excess of 100 per month may be subject to additional fees.
| WITHDRAWAL TYPE | COST PER WITHDRAWAL (≤ 50 withdrawals per calendar month) |
COST PER WITHDRAWAL (> 50 withdrawals per calendar month) |
| Bitcoin | FREE | 0.01 BTC [ii] |
| Ether | FREE | 0.01 ETH |
| Fiat transfer | FREE | FREE |
[ii] BTC withdrawals in excess of 100 per month may be subject to additional fees.
Any change to our Transfer Fee Schedule, including adjustments to any tiers or rates, will be emailed and/or posted no fewer than three calendar days before such changes are to take effect and no changes will be in effect for fewer than 30 calendar days, subject to any shorter period of time that may be required by applicable law or regulation.
Any transfer initiated after the effective date indicated in such notice will be subject to the new Transfer Fee Schedule and you will be deemed to have agreed to the new Transfer Fee Scheduled by continuing to use our services.
Last updated September 04, 2020
| Setup fee | FREE |
| Minimum Balance | 25.000 euro (or corresponding value in crypto) per Strategy |
| Management Fee | 1.00 % on Assets Under Custody (AUC) of the given Strategy per annum |
| Performance Fee | None |
| Custody Costs | According to Custody Fee Schedule, respecting selected configuration. |
| Trading Costs | According to Tiered Trading Fee Schedule |
Any change to our AMS Fee Schedule, including adjustments to any tiers or rates, will be emailed and/or posted no fewer than three calendar days before such changes are to take effect and no changes will be in effect for fewer than 30 calendar days, subject to any shorter period of time that may be required by applicable law or regulation.
Last updated September 04, 2020
| Setup fee | € 950 euro [i] |
| Management Fee | 2.00 % on Assets Under Management (AUM) per annum [ii] |
| Performance Fee | 20,0% with High Water Mark [ii] |
|
Custody Costs Clients contracting Private Investment Management, will always receive |
1.00% on Assets Under Custody (AUC) per annum [ii] |
|
Trading Costs According to Tiered Trading Fee Schedule. |
Clients will pay transaction fee’s according to L3 and up. |
[i] Excluding VAT.
[ii] Fee excludes VAT. Fee is deducted monthly from the respective digital assets held in your Custody Account.
Any change to our PIM Fee Schedule, including adjustments to any tiers or rates, will be emailed and/or posted no fewer than three calendar days before such changes are to take effect and no changes will be in effect for fewer than 30 calendar days, subject to any shorter period of time that may be required by applicable law or regulation.