Funding Amount = Nominal Value of Position × Funding Rate
where Nominal Value = Mark Price × Contract SizeTransparent Pricing
Fees built for Indian
derivatives traders
Zero deposits. Zero withdrawals. Industry low maker–taker fees across futures and options markets.Every charge on Niyam Exchange, documented in one place.
INR Deposits
FREE
Manual & Instant Transfer
INR Withdrawals
FREE
No platform charges
Maker fee from
0.02%
All Users
Taker fee from
0.05%
All Users
01 / FUTURES
Futures Trading Fees
Niyam Exchange uses a maker–taker model. You pay a Maker fee when your order rests on the book, and a Taker fee when your order matches an existing one immediately.
| VIP Tier | 30-Day Rolling Trade Volume (INR) | Maker Fee | Taker Fee |
|---|---|---|---|
| All Traders | Applies to all futures volumes | 0.02% | 0.05% |
02 / OPTIONS
Options Trading Fees
Transparent, low-cost fees for active options traders. Trading and delivery fees are capped at 5% of premium so small premiums never get eaten by fees.
Maker Fee
0.0127%
Taker Fee
0.0169%
Fee Cap
5% of premium
Delivery Fee (ITM expiry)
0.015%
Applies only when an options position expires In-The-Money. Capped at 7% of premium. Daily expiry contracts incur no delivery fee.
Liquidation Fee (Sellers only)
0.20%
Applies only to options sellers when forcibly liquidated. Options buyers are never liquidated.
03 / PERPETUALS
Funding Fees
Funding payments keep perpetual contract prices anchored to the underlying spot price. Funding flows between long and short holders — Niyam Exchange does not earn from it.
Schedule
Funding is exchanged every 4 or 8 hours depending on the contract. You only pay or receive funding if you hold a position at the funding interval.
Direction
When the funding rate is positive, longs pay shorts. When negative, shorts pay longs.
04 / RISK
Liquidation Fees
If your position breaches its maintenance margin requirement, Niyam Exchange's risk engine forcibly closes it. Two charges apply at liquidation: a Taker Fee on the closing trade, and an Insurance Clearance Fee that funds Niyam Exchange's Insurance Fund.
Taker Fee
Standard Taker Fee for your VIP tier applies on the closing trade
(see Section 01)
Insurance Clearance Fee
Charged on the liquidated notional, varies by symbol. Contributed to the Insurance Fund which protects all traders from socialised losses and ADL.
Insurance Clearance Fee = Liquidated Notional × Clearance Rate
Liquidated Notional = Mark Price at liquidation × Position Size05 / WALLET
Deposits & Withdrawals
Niyam Exchange charges nothing for INR deposits or withdrawals. Move money in and out without platform fees.
| Transaction | Method | Niyam Exchange Fee |
|---|---|---|
| INR Deposit | Manual Bank Transfer | FREE |
| INR Deposit | Instant Bank Transfer (UPI / IMPS) | FREE |
| INR Withdrawal | Bank Transfer | FREE |
06 / SUPPORT
Frequently Asked Questions
Common questions about Niyam Exchange's fee structure. Still unsure? Reach out to support.
How is GST applied on Niyam Exchange fees?
GST at 18% is applied on Maker/Taker fees, GST at 18% is applied on options fees. It is calculated separately on each fee and shown as a distinct line in your transaction history. GST is not applied on TDS or on funding amounts.
Are funding fees the same as trading fees?
No. Trading fees (Maker/Taker) are charged by Niyam Exchange when your order executes. Funding fees are exchanged between long and short holders of perpetual contracts every 4 or 8 hours to keep contract prices anchored to spot. Niyam Exchange does not earn from funding payments.
When does the Insurance Clearance Fee apply?
The Insurance Clearance Fee applies only when a position is forcibly liquidated by Niyam Exchange's risk engine. It does not apply on stop-loss orders, take-profit orders, or any manually closed position. The fee is contributed to Niyam Exchange's Insurance Fund, which protects all traders from socialised losses.
Are Niyam Exchange's fees subject to change?
Yes. Niyam Exchange reserves the right to adjust fee rates based on market conditions, liquidity considerations, or regulatory changes. Any updates will be reflected on this page and communicated to users in advance via email and in-app notifications where applicable.