General principles
- Transparency: All fees are disclosed on this page and/or within specific product documentation before being applied.
- Currency of fees: Unless otherwise stated, fees are quoted in USD-equivalent value or the relevant Virtual Asset used in the transaction.
- Net of network fees: Blockchain network ("gas") fees are passed through at cost to the client and are in addition to Metra's own fees.
- Third-party charges: Where third-party providers apply fees, these may be passed through to the client and will be disclosed where reasonably practicable.
Trading fees
Metra applies a tiered trading fee model, based on the client's 30-day notional trading volume.
Standard spot trading fees
| Tier | 30-day volume (USD equiv.) | Maker fee | Taker fee |
|---|---|---|---|
| Tier 1 | 0 – 1,000,000 | 10 bps (0.10%) | 15 bps (0.15%) |
| Tier 2 | 1,000,001 – 5,000,000 | 8 bps (0.08%) | 12 bps (0.12%) |
| Tier 3 | 5,000,001 – 20,000,000 | 5 bps (0.05%) | 10 bps (0.10%) |
| Tier 4 | > 20,000,000 | As per bespoke agreement | |
* Final trading fee basis points are subject to confirmation. The figures above represent the currently intended fee structure.
OTC / Block trades
For larger, negotiated trades executed via OTC desks or block trading services, fees are set case-by-case based on trade size, asset liquidity, and market conditions. Applicable fees will be agreed with the client in advance.
Deposit fees
Virtual Asset deposits
- Metra fee: 0 (no fee). Network fee payable by the sender as part of blockchain transaction costs.
Fiat deposits (if applicable)
- Bank transfer (SWIFT / SEPA / local rails): Metra fee: 0 AED (no Metra fee; client pays bank charges).
- Card deposits / payment processors: Fee schedule to be added prior to enabling card deposit functionality.
Withdrawal fees
Virtual Asset withdrawals
| Asset | Metra withdrawal fee |
|---|---|
| BTC | USD 5 equivalent in BTC per withdrawal |
| ETH | USD 5 equivalent in ETH per withdrawal |
| USDT (TRC20 / ERC20 / other) | USD 5 per withdrawal |
| Other assets | As displayed at time of withdrawal |
Fiat withdrawals (if applicable)
- Bank transfer: Metra fee: AED 40 per withdrawal (flat fee). Bank or intermediary fees passed through at cost.
Account maintenance & administrative fees
- Account opening fee: Currently 0 (no fee).
- Inactivity fee: Metra currently does not charge an inactivity fee.
- Administrative / manual handling fees: For complex or manual operations, Metra may apply an hourly or fixed administrative fee as agreed in writing with the client in advance.
Conversion fees
Where applicable, virtual asset and stablecoin conversions executed on-platform (including conversions involving fiat and a Virtual Asset or fiat-referenced Virtual Asset) shall either:
- be charged as part of the applicable trading fee; or
- include a conversion spread disclosed to the client at the point of execution.
Network costs & third-party fees
Blockchain network fees ("gas") are not controlled by Metra and depend on network congestion and protocol parameters. Where withdrawals or on-chain operations are performed, these fees are calculated at the time of the transaction and either displayed to the client and added to the total fee, or deducted from the withdrawal amount.
Any custodian, bank, exchange, or payment processor fees incurred on behalf of the client may be passed through either as a direct charge or embedded within the overall fee quoted.
Metra may use third-party service providers, including custodians, in connection with the provision of its services. Any third-party charges actually passed through to the client will be disclosed where reasonably practicable before being applied.
Changes to this schedule
Metra may modify this Schedule of Fees from time to time to reflect changes in market conditions, third-party provider costs, regulatory changes, or introduction of new products or services.
Where changes are material and adverse to the client, Metra will provide advance notice via the website and/or direct communication. The current version of this Schedule will always be available on this page.