ICONOMI fees and how would we describe them to a four-year old


Open a free account

Opening your ICONOMI account will always be free of charge.

Register, verify and get comfortable with the platform. For free.

Make a deposit

Fiat and cryptocurrencies deposits are free. Yes, no fees here.

You can check the rest of the fees (Cards, Skrill) below.

Creating and running a Crypto Strategy is free

You can set up a public Crypto Strategy for free, without upfront costs or fees.

By having your own Crypto Strategy, you do not pay the Performance fee.

Deposit fees

No hidden costs. Our goal is for you to understand our fee structure.

Cryptocurrency transfer

Deposit fee - Free

Money transfer

Deposit fee (Bank account - SEPA, SEPA Instant, and UK bank transfers) - Free*

* SEPA deposits are not actually free, but at the moment this cost is paid by ICONOMI.

Deposit fee (Cards - Visa and MasterCard) - 3%

Deposit fee (Skrill) - 3,5% + 0,29 EUR

Crypto Strategy fees & costs

Crypto Strategy fees set by each Strategist for copying a Strategy

The fees of each Strategy are visible on a Strategy page once you login to the platform.

Performance fee

A fee is charged to users who copy a Strategy in case a Strategy generates profits (weekly or monthly or quarterly). The majority of Strategies have a performance fee lower than 6%, though the fee can span from 0-30%. This fee is subject to a “high-watermark” rule, so users only pay it once.

Copy fee

A yearly fee that is charged in small proportions daily (yearly fee/365) to users who are copying a Crypto Strategy. The majority of Strategies have a Copy fee lower than 2%, though the fee can span from 0-10%.

Platform fees for managing your Strategy

A trading fee of 0.37% is applied to all crypto trades within ICONOMI (some asset pairs might require more than one trade)

This also applies when a Crypto Strategy is rebalanced.

This percentage only applies to the assets that actually get traded. For instance, if 20% of a Crypto Strategy is rebalanced, the trading fee will only apply to that 20%.

Anytime Crypto Strategy fees are collected they are split between ICONOMI, the Strategist, and the referrer/user according to the Referral program.

Cryptocurrency Buy/Sell fees

Buy/Sell - 0.37% per trade (some asset pairs might require more than one trade)

You can find detailed information here

Withdrawal fees

Money transfer

Withdrawal fee (Bank account - SEPA, SEPA Instant, and UK bank transfers) - Range from 0.5 – 1.5 EUR

Cryptocurrency transfer

Withdraw fee Bitcoin (BTC) - 0.0005 BTC

Withdrawal fee Ether (ETH) - 0.005 ETH

Withdrawal fee USD Coin (USDC) - 10 USDC

Withdrawal fee Tether (USDT) - 10 USDT

Frequently asked questions

Is ICONOMI free?
What happens if a Strategist decides to increase the fees
What is a rebalance fee and is it competitive?
How are the fees split?

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