Venue
Region
Access
Trading Fee
Issuer Fee
Pricing
Best Fit
ADDX
Asia / international
Accredited / institutional
Varies by offering
Public investor fee references exist; issuer pricing varies
Partial
Enterprise
Archax
UK / EU / U.S. / UAE
Professional / institutional
Contact sales
Contact sales
Contact Sales
Enterprise
Binance Alpha / Ondo
Global (eligible non-U.S. markets)
Eligible non-U.S. Binance Alpha users
Binance Alpha / wallet and network costs vary; no simple public issuer-oriented fee card identified
No public general issuer fee card found
Partial
Single Company + Enterprise
Hyperliquid
Global (wallet-based / availability varies)
Global wallet-based users subject to local restrictions and app-level terms
Public tiered maker / taker fees; referral discounts and rewards available
No public issuer fee card found; builder-deployed markets can carry separate staking / builder requirements
Public
Enterprise
INX
U.S. / global
Retail + accredited + institutional
0.45% buyer + 0.45% seller + $1/order
Contact sales
Public
Single Company
Kraken xStocks / xChange
Global (eligible non-U.S. markets)
Eligible non-U.S. retail + professional clients
Kraken: no fee when purchasing with USDG or USD; broader venue / onchain costs vary
No public general issuer fee card found
Partial
Single Company + Enterprise
MERJ
International
International investors / exchange participants
0.25% MERJ Markets; 1.00% IOB / DIGTL / Upstream
Registry / listing fees vary
Public
Enterprise
MEXC / Ondo tokenized stocks
Global (availability varies)
Global retail + professional (availability varies)
Promotional zero-fee periods have been offered on some new pairs; broader fees vary
No public general issuer fee card found
Partial
Single Company + Enterprise
NYSE tokenized securities platform
U.S. (planned)
Pending launch / regulatory approvals
Not publicly posted
Not publicly posted
Contact Sales
Single Company + Enterprise
Oasis Pro Markets
U.S.
Accredited + institutional
Contact sales
Contact sales
Contact Sales
Single Company + Enterprise
OKX tokenized stocks
Global (availability varies)
Global users subject to regional availability and provider terms
Venue / provider fees vary; no simple public general fee card identified for issuer onboarding
No public general issuer fee card found
Partial
Single Company + Enterprise
Ondo Global Markets
Global (eligible non-U.S. markets)
Eligible non-U.S. retail + institutional users
Venue / integration fees vary; no simple public general trading fee card identified
No public general issuer fee card found
Partial
Single Company + Enterprise
PancakeSwap
BNB Chain / global (supported jurisdictions)
Global wallet-based users in supported jurisdictions
Swap, route, and network costs vary; no simple public issuer-oriented fee card identified
No public general issuer fee card found
Partial
Single Company + Enterprise
Prometheum
U.S.
Investors via Prometheum ATS
Contact sales
Contact sales
Contact Sales
Enterprise
SDX
Switzerland
Institutional / participant network
See official charges
CHF 250 listed native equity; CHF 250 + 1.0 bp up to CHF 2,250 non-listed native equity
Public
Enterprise
Securitize Markets
U.S. / global
Accredited + institutional (varies by product)
1% trade commission (ATS fee schedule)
Contact sales
Public
Enterprise
Texture
U.S.
Retail + accredited + institutional
Contact sales
2.5%–7% issuer commission (posted for certain offerings)
Partial
Single Company + Enterprise
tZERO
U.S.
Broker-dealers, institutions, investors
Contact sales
Contact sales
Contact Sales
Single Company + Enterprise
Upstream
International
Global investors (with U.S. person limits for securities)
1% trade fee
€10,000 initial / €5,000 annual (listing application)
Public
Single Company