To maintain the operation of MAX community ecosystem, MAX will charge trading fees when the transaction is competed.
MAX uses a maker-taker model to calculate trading fees based on the amount traded.
Maker fees apply if your limit order is added to the Order Book to increase Market Depth, and another order is placed that matches your order.
Taker fees apply if your limit or market order that you place is matched with an order already existing on the Order Book, this will decreases the Market Depth of the platform.
Maker fees - 0.05% will be charged on notional trade amount.
Taker fees - 0.15% will be charged on notional trade amount.
If your order is filled on TWD markets, MAX will issue an invoice based on the fees that we actually charged in TWD.
In addition, users can use MAX Token to offset the transaction fee, please check out this page for more details https://support.maicoin.com/en/support/solutions/articles/32000024832-when-will-the-trading-fee-discount-capability-of-max-token-be-enabled-.