NDAX : A Data-Rich Breakdown. Fees, Ratings & Analysis.
Canada
About NDAX
The Good
- • Ultimate transparency: A flat 0.20% trading fee with zero hidden spread markups.
- • Free CAD deposits via Interac e-Transfer and EFT.
- • Transparent 20% administration fee on staking rewards with no hidden MEV skimming.
The Bad
- • Unlike some competitors, fiat withdrawals are not completely free (though the $1.50 Interac fee is very competitive).
- • Smaller total asset selection compared to global giants.
Detailed Fee Structure
Updated 2026| Fee Type | Network / Method | Cost |
|---|---|---|
|
Trading Fee (Maker)
Ndax charges a highly transparent, flat 0.20% Maker fee across all order types with no volume tiers.
|
Standard
|
0.200% |
|
Trading Fee (Taker)
Ndax charges a highly transparent, flat 0.20% Taker fee across all order types with no volume tiers.
|
Standard
|
0.200% |
|
Spread
No hidden spreads are baked into the quoted price. Users interact directly with the order book at market rates.
|
Standard
|
Free |
|
Fiat Deposit
100% Free CAD deposits via Interac e-Transfer (processed in 0-30 mins) and Wire Transfer.
|
Standard
|
Free |
|
Fiat Withdrawal
Extremely competitive flat $1.50 CAD fee for Interac e-Transfers. Wire transfers incur a flat $4.99 CAD fee.
|
Standard
|
$1.50 |
|
Crypto Withdrawal
Flat fee per asset based on selected speed tier. "Flex" tier (up to 12h) is Free for Bitcoin. Standard/Express tiers charge a flat crypto fee.
|
Standard
|
Dynamic |
|
Staking Commission
Ndax charges a flat 20% administration fee taken strictly from the total generated staking rewards.
|
Standard
|
20.000% |
Platform Features
FINTRAC Registered
Registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business, ensuring strict AML/ATF compliance.
Offers Staking
Integrated proof-of-stake protocols allowing users to delegate assets and generate yield directly from the blockchain network.
Allows External Transfers
Full self-custody support enabling seamless withdrawals and deposits to personal hardware or software wallets.
Based in Canada
Headquartered and operated entirely within Canada, ensuring adherence to local jurisdictional laws and data sovereignty.
Auto-Invest (DCA)
Automated dollar-cost averaging (DCA) functionality for disciplined, recurring portfolio accumulation.
Proof of Reserves Published
Regularly publishes cryptographically verifiable Proof of Reserves (PoR) audits to guarantee 1:1 client asset backing.
SOC 2 / ISO 27001 Certified
Adheres to enterprise-grade security frameworks, independently audited for SOC 2 Type 2 and/or ISO 27001 compliance.
Instant Interac Deposits
Optimized payment rails providing near-instantaneous CAD deposits and withdrawals via Interac e-Transfer.
Mobile App (iOS/Android)
Fully optimized, native iOS and Android applications delivering comprehensive trading capabilities on the go.
Live Chat Support
Premium, real-time customer resolution infrastructure via live chat, minimizing operational downtime for users.
CSA / CIRO Registered
Formally registered as a Restricted Dealer or Investment Dealer with the Canadian Securities Administrators (CSA) and CIRO.
OTC Trading Desk
White-glove Over-The-Counter (OTC) execution desk providing deep liquidity and price-impact protection for high-net-worth block trades.
CIPF Member
Membership in the Canadian Investor Protection Fund (CIPF), insuring eligible fiat balances against platform insolvency up to $1,000,000.
Supported Assets (18+)
A complete list of digital assets available for trading on NDAX.