US margin fees

Last updated: May 6, 2026

US retail margin's fee structure includes opening fee when a position is opened and a rollover fee charged every 4 hours for holding a position. See the full schedule here.

Three types of fees may apply to trading Spot Margin:

  • Opening fee: Charged when you open a margin position, based on the total value of the margin extended

  • Trade fee: Standard maker/taker fee, charged on both the opening and closing volume of your margin position. See trade fee for your current volume tier.

  • Rollover fee: Charged every 4 hours while a position remains open.

Rollover rates vary by market conditions.Your rollover rate is locked in at the time of order execution and displayed on the order form before you confirm.

Yes. Opening fees fluctuate based on market conditions. Rates may change at any time and without notice. 

You can view the rollover rate for an existing position by clicking on it in the Positions tab of the Trade page. Current open and rollover rates can also be viewed here.

For a full breakdown of opening and rollover fees by pair, as well as trade fees, refer to the Kraken fee schedule.

Spot margin trading involves substantial risk and is not suitable for everyone. You may lose all or more than the initial investment, exceeding the value of collateral deposited with the firm to open and maintain the position. You may be required to provide additional collateral on short notice or no notice, and you may remain responsible for any deficiency after liquidation and collateral application. Trading should be undertaken only with risk capital—funds that can be lost without jeopardizing one’s financial security or lifestyle—and only by those who can afford such losses. While leverage can increase potential returns, it also significantly increases risk. Past performance is not necessarily indicative of future results. Availability of spot margin trading through Kraken Derivatives US is subject to certain limitations and eligibility criteria. View Risk Disclosure Statement


Spot margin trading is provided by NinjaTrader Clearing, LLC d/b/a Kraken Derivatives US, a CFTC-registered Futures Commission Merchant and NFA Member (NFA ID: 0309379), with financing provided by Payward Accredited LLC. View Disclosures

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