The World's Lowest-Fee Exchanges 2026: Stocks vs HK vs Crypto Compared
A-shares, HK, US and crypto compared on round-trip cost per $10k: crypto futures after rebates ≈ $7.4 — in the same band as traditional markets or lower. Every number checkable.
💰 Crypto Trading Savings Portal
Compare rebates across 10 top exchanges · up to 33% off for new accounts, under each exchange's rules
Current referral codes and what you actually pay after the rebate (copy-paste ready)
| Exchange | Referral code | Futures taker (standard tier) | You actually pay | Rebate |
|---|---|---|---|---|
| Binance Wallet | REBATEDEX | — | — | 30% |
| OKX Web3 Wallet | ARTHUR8 | — | — | 20% |
Fees as of October 13, 2026, recomputed from each venue's public fee schedule every time this page is served — not hard-coded.
Availability differs by venue (Binance, for example, is restricted in the US and Hong Kong). Check what is available for a given country: https://www.coinrebate.vip/api/v4/agent-route?country=XX&fees=true
A referral code has to be entered at signup. Adding one afterwards: Binance has only three official rebind channels and the conditions are strict, Bybit allows it within 14 days of signup, OKX generally does not (the one exception is a dormant-account recall after 180 days of no activity), Gate does not allow it. Do not close and reopen an account to get a rebate — every venue prohibits it and will revoke rebate eligibility.
The World's Lowest-Fee Exchanges 2026: Stocks vs HK vs Crypto Compared
Answer first: rough explicit round-trip cost per $10,000 traded — China A-shares ≈ $10 (commission + 0.05% sell-side stamp duty), Hong Kong stocks ≈ $25+ (0.1% stamp duty on each side), US stocks $0 commission at mainstream retail brokers (hidden costs in spread), and crypto after rebates: futures round-trip ≈ $7.4 (Bybit), spot ≈ $13.4 (Bybit / Hyperliquid, tied). Crypto's explicit trading costs now sit in the same band as traditional markets — lower in several cases — and the rebate here applies to new accounts registered through our links, under each exchange's rules.
Three markets, one cost table (as of 2026-08-21)
| Market | Explicit cost structure | Round-trip per $10k (rough) |
|---|---|---|
| China A-shares | Broker commission (varies) + 0.05% sell-side stamp duty (current since 2023-08-28) | ≈ $10 |
| Hong Kong stocks | 0.1% stamp duty on each side (current since 2023-11-17) + commission/platform fees | ≈ $25+ |
| US stocks | $0 commission at mainstream retail brokers; hidden cost in spread/PFOF | ≈ $0 explicit |
| Crypto futures | taker fee × rebate discount; no stamp duty | ≈ $7.4 (lowest: Bybit) |
| Crypto spot | same | ≈ $13.4 (lowest: Bybit / Hyperliquid, tied) |
Rough basis: one taker fill each way; spreads, slippage and FX not counted; traditional-market taxes per official notices; crypto rates same-source with our live pages.
Within crypto, who is cheapest?
Net after-rebate taker rates across six venues (full ranking in our dedicated article):
| Exchange | Net futures taker* | Net spot taker* |
|---|---|---|
| Binance | 0.04% | 0.08% |
| OKX | 0.04% | 0.12% |
| Bybit | 0.03685% | 0.067% |
| Bitget | 0.048% | 0.08% |
| Gate.io | 0.04% | 0.08% |
| Hyperliquid | 0.043% | 0.067% |
*Net = default tier × default rebate (20–33%) via this site; volume-qualified tiers rise to 40% (Binance / Bitget / Gate), criteria public.
Why crypto fees compete
- No stamp duty, no minimum commission — the fee schedule is the whole explicit cost.
- Transparent rebates: exchanges route acquisition budget back to users; open a new account through a rebate channel and it applies under each exchange's rules. That's an affiliate mechanism, not a promo — it's also how we earn, so incentives align.
- 24/7 markets, no T+1.
Coming from stocks? Three things first
- Volatility is a different animal — double-digit daily moves happen; position sizing is lesson one.
- Custody differs: centralized exchanges hold assets; on-chain venues (e.g. Hyperliquid) are self-custody. Know which you're using.
- Availability is jurisdiction-specific — every exchange page here lists restricted regions honestly.
FAQ
Are traditional brokers really pricier? Not always — US zero-commission brokers are $0 explicit. This article compares explicit fee structures; spreads, FX and capital efficiency are a separate ledger. We only put checkable numbers on the table.
How do I get the crypto rebates? Register through the links on each exchange page here; they apply automatically. Rates are re-checked daily against exchange APIs — the live compare page is authoritative.
We aggregate crypto exchange fee data. No investment advice, no custody. A-share/HK tax rates per official government notices.
💰 Crypto Trading Savings Portal
Compare rebates across 10 top exchanges · up to 33% off for new accounts, under each exchange's rules