There’s no joining fee for the first compliance year (which runs from December to January). The cost in year 2 is £100. This is charged retrospectively at the end of the trading year and discounted if the following criteria are met:
Buyers:
- Trading activity (up to £50.00 reduction in fees)
- Signing a Direct Debit mandate (£50.00 reduction in fees)
Sellers:
- Trading activity (up to £50.00 reduction in fees)
- Completing the annual sellers survey (£50 reduction in fees)
Trading fees:
All our fees are entirely transparent meaning there are never any hidden costs or margins applied.
Price Per Tonne | Spot Trading Fee | Forward Trading Fees |
Above £5.00 |
£0.50 per tonne |
£0.30 per tonne** |
Between £1.00-£4.99 |
£0.25 per tonne |
£0.15 per tonne** |
From £0.00-£0.99 |
£0.10 per tonne |
£0.10 per tonne |
* Fees are levied on both buy and sell side
** Reduced forward trading fees are conditional upon deposits being received and timely delivery of funds or PRN document. Otherwise standard Spot trading fees are charged.