Reading maker and taker fees on your exchange: a plain guide for readers in Turkey
Open the fee page of almost any exchange and you will find two columns, one for makers and one for takers. Beginners often ignore the distinction and assume that one number applies to all trades. In fact, which column applies depends on how each order interacts with the order book at the moment it is placed. This article explains the difference in plain language for readers in Turkey, shows how to recognise which role your order had and describes a simple way to verify, from your own history, what you were really charged. It quotes no rates, since they differ and change.
Two roles in the order book
Orders that wait in the book for a counterpart are makers, because they make liquidity available. Orders that match immediately with something already waiting are takers, because they take liquidity away. A single trade always involves one of each: the waiting order and the matching order. Platforms usually reflect that difference in their fees, with the immediate side typically charged more.
Which role did your order have?
Market orders are almost always takers. A limit order is a taker if its price crosses the best opposing price and matches on arrival, and a maker if it rests. Looking at the order book before you choose your limit price tells you what will happen. The order history can then confirm the role and show the fee applied to each fill.
Verify against the official page
Fee rules differ by product and account level and are updated from time to time. Read the official fee page of the platform and describe the relevant rule in your own words, with the date. Avoid copying tables found on other websites or in chats, because they are often outdated. After trading, compare the fees in your history with your notes.
Use the knowledge sensibly
Paying a lower fee is not worth missing a trade you needed. Use patient limit orders when time allows and accept the taker role knowingly when speed matters. Some platforms offer a post-only option that prevents accidental taker fills; look it up in the help centre. Keep dated notes on a handful of trades and review them after a month.
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Scenario checkpoint
- Understand that makers wait in the book and takers match at once
- Check your limit price against the best opposing price
- Read the official fee page and note the date
- Compare fees on your fills with your notes
- Use post-only where available if you want to rest on the book