<p>The fee is a percentage of whatever you are buying.
Here is their Fee Schedule:
<a href="https://mtgox.com/fee-schedule" rel="nofollow">https://mtgox.com/fee-schedule</a></p>

CC BY-SA 3.0
2013-04-20T14:30:24.537Z
2013-04-20T14:30:24.537Z
user4541
<p>Mtgox charges the fee from whatever you're buying.</p>

<p>So if you buy 100 btc for however many USD, you'll buy the BTC, then you'll be charged 0.6% of your 100btc as fee.</p>

<p>If you buy 100 USD for however many BTC (i.e., sell some btc), you'll get your USD, and will be charged 0.6% of your 100USD as fee.</p>

<p>Edit: This is actually configurable. If you go to the mtgox settings page in your account, you can set the fee to be taken out either as above (default), or out of your USD balance always.</p>

CC BY-SA 3.0
2013-11-25T07:39:07.607Z
do all the exchanges work this way? where they take the fee out of the amount you are obtaining?
chovy
CC BY-SA 3.0
2013-04-20T05:04:39.753Z
Do they document this somewhere?
Pacerier
CC BY-SA 3.0
2013-05-05T17:29:24.897Z
Yes, it is documented in the tooltip in your mtgox settings page, where you can configure how the fee is taken.
nanotube
CC BY-SA 3.0
2013-04-20T04:57:34.213Z
2013-05-05T17:28:59.427Z
2013-05-05T17:28:59.427Z
nanotube
<p>When we buy BTC using USD on MtGox,</p>

<p>Does MtGox charge 0.6% of the USD then do a trade, or does MtGox do a trade first, then charge 0.6% of the BTC we receive?</p>

<p>Similarly, when we sell BTC for USD on MtGox,</p>

<p>Does MtGox charge 0.6% of the BTC then do a trade, or does MtGox do a trade first, then charge 0.6% of the USD we receive?</p>

<mtgox>
Does MtGox charge commission in USD or in BTC?
Pacerier
# Does MtGox charge commission in USD or in BTC?

(Asked by: username_0 on 2013-04-20)

When we buy BTC using USD on MtGox,

Does MtGox charge 0.6% of the USD then do a trade, or does MtGox do a trade first, then charge 0.6% of the BTC we receive?

Similarly, when we sell BTC for USD on MtGox,

Does MtGox charge 0.6% of the BTC then do a trade, or does MtGox do a trade first, then charge 0.6% of the USD we receive?

**Tags:** mtgox


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## 2 answers

### Answer by username_2 on 2013-04-20. Score: 6 | Accepted answer

Mtgox charges the fee from whatever you're buying.

So if you buy 100 btc for however many USD, you'll buy the BTC, then you'll be charged 0.6% of your 100btc as fee.

If you buy 100 USD for however many BTC (i.e., sell some btc), you'll get your USD, and will be charged 0.6% of your 100USD as fee.

Edit: This is actually configurable. If you go to the mtgox settings page in your account, you can set the fee to be taken out either as above (default), or out of your USD balance always.

> **Comments:**
> **username_0**: Do they document this somewhere?  
> **username_2**: Yes, it is documented in the tooltip in your mtgox settings page, where you can configure how the fee is taken.  
> **username_3**: do all the exchanges work this way? where they take the fee out of the amount you are obtaining?  

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### Answer by username_1 on 2013-04-20. Score: 2

The fee is a percentage of whatever you are buying.
Here is their Fee Schedule:
<https://mtgox.com/fee-schedule>


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