> For the complete documentation index, see [llms.txt](https://initiativ.gitbook.io/initiativ/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://initiativ.gitbook.io/initiativ/mm_internal/retained-from-version-0.1-not-yet-reworked/v01-13.9.1-membership-tiers-and-fee-schedule.md).

# (v01) 13.9.1 Membership Tiers and Fee Schedule

The Exchange offers three membership tiers with different fee structures. All fees are denominated in EUR.

{% tabs %}
{% tab title="Entry Level (Free Tier)" %}

| Fee Type                              | Amount                                        | Frequency                                    |
| ------------------------------------- | --------------------------------------------- | -------------------------------------------- |
| Membership Fee                        | Free                                          | —                                            |
| Trading Fee (EUA &\*\* UKA)\*\*       | €1.00 per tonne                               | Per transaction                              |
| Users Included                        | 1 User                                        | —                                            |
| Live Prices                           | Included\*                                    | —                                            |
| News and Insights                     | Included                                      | —                                            |
| Trade Scheduler                       | Included                                      | —                                            |
| Access to Initiativ Trading Community | Included                                      | —                                            |
| E-Learning                            | Add-On                                        | Per module                                   |
| Extra Users                           | Add-On                                        | \[DECISION REQUIRED - Item 52]: \[Price TBD] |
| Yield on Cash Positions               | Add-On                                        | \[DECISION REQUIRED - Item 52]: \[Price TBD] |
| Access to Trading Charts              | Add-On                                        | \[DECISION REQUIRED - Item 52]: \[Price TBD] |
| API Access                            | Not available                                 | —                                            |
| Transfer Fees                         | None                                          | —                                            |
| Fiducie Fees                          | None (except if required by Fiducie contract) | —                                            |

\*Live Prices access subject to trading activity
{% endtab %}

{% tab title="Professional Tier" %}

| Fee Type                              | Amount                                        | Frequency                                    |
| ------------------------------------- | --------------------------------------------- | -------------------------------------------- |
| Membership Fee                        | €650 per month                                | Monthly                                      |
| Trading Fee (EUA &\*\* UKA)\*\*       | €0.03 per tonne                               | Per transaction                              |
| Users Included                        | 1 User                                        | —                                            |
| Live Prices                           | Included                                      | —                                            |
| News and Insights                     | Included                                      | —                                            |
| Trade Scheduler                       | Included                                      | —                                            |
| Yield on Cash Positions               | Included                                      | —                                            |
| Interactive Trading Charts            | Included                                      | —                                            |
| E-Learning                            | Included                                      | —                                            |
| Access to Initiativ Trading Community | Included                                      | —                                            |
| Extra Users                           | Add-On                                        | \[DECISION REQUIRED - Item 53]: \[Price TBD] |
| API or Live Feed                      | Add-On                                        | \[DECISION REQUIRED - Item 53]: \[Price TBD] |
| Transfer Fees                         | None                                          | —                                            |
| Fiducie Fees                          | None (except if required by Fiducie contract) | —                                            |
| {% endtab %}                          |                                               |                                              |

{% tab title="Enterprise Tier" %}

| Fee Type                                | Amount                                        | Frequency                                    |
| --------------------------------------- | --------------------------------------------- | -------------------------------------------- |
| Membership Fee                          | €1,500 per month                              | Monthly                                      |
| Trading Fee (EUA &\*\* UKA)\*\*         | €0.002 per tonne                              | Per transaction                              |
| Users Included                          | 1 User                                        | —                                            |
| Live Prices                             | Included                                      | —                                            |
| News and Insights                       | Included                                      | —                                            |
| Trade Scheduler                         | Included                                      | —                                            |
| Yield on Cash Positions                 | Included                                      | —                                            |
| Interactive Trading Charts + API Charts | Included                                      | —                                            |
| E-Learning                              | Included                                      | —                                            |
| API Access - Live Feed                  | Included                                      | —                                            |
| Access to Initiativ Trading Community   | Included                                      | —                                            |
| Extra Users                             | Add-On                                        | \[DECISION REQUIRED - Item 54]: \[Price TBD] |
| Bespoke Integration - Supply Chain      | Add-On                                        | \[DECISION REQUIRED - Item 54]: \[Price TBD] |
| Transfer Fees                           | None                                          | —                                            |
| Fiducie Fees                            | None (except if required by Fiducie contract) | —                                            |
| {% endtab %}                            |                                               |                                              |
| {% endtabs %}                           |                                               |                                              |

## Notes

* Trading fees are charged to **both buyer and seller** on each transaction.
* For UKA trades (priced in GBP), trading fees are charged in EUR.
* Trading Fee deductions reduce the Member’s available Trading Limit immediately.
* Add-On pricing available upon request.