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🔎 We pride ourselves on transparency. All fees are transparently disclosed to end customer through our online platform.
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| Account Opening Fee |
$0 |
| Account Closing Fee |
$0 |
| Trading Fee |
$0 |
| Early Redemption Fee |
0.50% on principal |
| Options Spread |
Varies per note, depending on note complexity, fully disclosed |
| Management Fee |
$0 / 0% |
| Commission |
$0 |
Example - Option Spread Fee
On this note, the indicative spread per $100,000 of principal is $515.77 on the BTC options.
- This is a live principal hedged note example on BTC.
- The indicative spread is the spread on the BTC options that we charge to construct the note minus the anticipated executable price of the option from Fig Investments’ liquidity providers
- For example: we may quote the BTC options price to the customer at $1,000 while anticipating to buy the options from liquidity providers for $700. Therefore the indicative spread on the note is $1,000 - $700 = $300
- Indicative spread means that the actual spread may be lower than the note indicative term sheet.
- We will always fulfill the note order at equal or better quoted prices, or we kill the order without any cost to the customer