> ## Documentation Index
> Fetch the complete documentation index at: https://docs.itsgrand.app/llms.txt
> Use this file to discover all available pages before exploring further.

# Grand fee schedule and trading costs

> Grand charges simple, transparent fees with no hidden costs. Every fee is shown before you confirm a trade, and Grand sponsors all on-chain gas costs.

Grand is built on the principle that you should always know exactly what you're paying before a trade is confirmed. There are no withdrawal fees from Grand, no surprise gas charges, and no ambiguity — just a straightforward fee structure that works the same way every time you trade.

## Fee schedule

| Asset type                     | Grand fee            | Notes                                           |
| ------------------------------ | -------------------- | ----------------------------------------------- |
| Spot (crypto)                  | 0.50% per trade      | Platform fee applied separately at checkout     |
| Perpetuals                     | 0.05% per trade      | Platform fee applied separately at checkout     |
| Stocks                         | 0.00% per trade      | Platform fee applied separately at checkout     |
| ETFs                           | 0.00% per trade      | Platform fee applied separately at checkout     |
| Tokenized assets (e.g., USDY)  | 0.50% per trade      | Platform fee applied separately at checkout     |
| Smart Savings (pools / vaults) | **0.00% Grand fee**  | Platform fee only; 100% of yield goes to you    |
| Commodities                    | 0.50% per trade      | Platform fee applied separately at checkout     |
| Index funds                    | 0.125% AUM per month | ≈1.5% annually; platform fee applied separately |

<Info>
  The **platform fee** covers custody, execution, and infrastructure costs. It is calculated and displayed transparently on the confirmation screen before you complete any trade.
</Info>

## What you don't pay

<CardGroup cols={2}>
  <Card title="No gas fees" icon="gas-pump">
    Grand sponsors all on-chain gas costs for every trade and withdrawal across all supported chains. You never see a network fee deducted from your balance.
  </Card>

  <Card title="No withdrawal fees" icon="arrow-right-from-bracket">
    Grand does not charge a withdrawal fee. When you withdraw, you receive exactly what the confirmation screen shows — nothing is deducted after the fact.
  </Card>

  <Card title="No Smart Savings cut" icon="piggy-bank">
    Grand takes 0% of the yield earned in Smart Savings vaults. Every basis point of yield belongs to you.
  </Card>

  <Card title="Zero-fee curated assets" icon="star">
    Every week, a rotating set of Curated Assets trades at 0% Grand fee. Check the Market tab to see this week's featured assets.
  </Card>
</CardGroup>

## Provider fees when Grand zeroes its fee

When Grand reduces its own fee to 0%, the underlying liquidity providers still apply their standard fees. These are passed through transparently.

<Tabs>
  <Tab title="Li.Fi (crypto swaps)">
    **Provider fee:** Li.Fi retains **0.25%** on each trade.

    **Gas policy:** Grand pays all gas fees behind the scenes. You pay nothing extra for transaction execution.
  </Tab>

  <Tab title="CowSwap (crypto swaps)">
    **Provider fee:** CowSwap retains **0.02%** (2 basis points) as a solver fee on each trade.

    **Gas policy:**

    * Grand pays the allowance (approval) gas fee.
    * The trade execution gas fee is paid by you, but it is calculated **within the swap itself** — not added on top.

    The formula is:

    > Gross receiving assets − trade gas fee = **net receiving assets**

    <Note>
      Because the CowSwap execution gas fee is netted out of the assets you receive, you will always see the final net amount clearly before you confirm.
    </Note>
  </Tab>
</Tabs>

<Warning>
  All rates, percentages, and product fees are subject to change as the platform evolves. Grand will communicate any significant changes through official channels before they take effect.
</Warning>