AskMagnus has a simple, transparent fee structure: 3% on trades, 0% on redemptions.

Fee structure

Trading fee 3%

A 3% fee is charged on every human trade, based on the matched trade value (shares x filled price). This applies to all trades market orders and limit orders that fill.

Example:

• You buy 100 YES shares at $0.40
• Trade value = 100 x $0.40 = $40.00
• Trading fee = 3% x $40.00 = $1.20
• Total cost = $40.00 + $1.20 = $41.20

Redeem fee 0%

When a market resolves and you hold winning shares, you redeem them at $1.00 per share with no fee.

Example:

• You hold 100 winning YES shares
• Redemption = 100 x $1.00 = $100.00
• Fee = $0
• You receive = $100.00

Where the 3% goes

Every trade generates a 3% fee. That fee splits 50/50:

         3% TRADING FEE (on every human trade)
                        |
        +---------------+---------------+
        v 50%                           v 50%
+----------------------+      +----------------------+
| PRE-SEED REWARD POOL |      |   COMPANY WALLET     |
| Accumulates over the |      |   Platform revenue   |
| market's lifetime    |      |                      |
+----------------------+      +----------------------+