WazirX introduces fixed-fee trading model with launch of WazirX Zero

WazirX has introduced WazirX Zero, a new trading model that replaces per-order charges with a flat monthly fee. The exchange will now allow users to trade unlimited volumes across more than 300 tokens for a fixed ₹99 per month, eliminating traditional transaction-based fees.

The launch marks a shift from the industry’s volume-linked revenue structure, where exchanges earn higher fees as users trade more, irrespective of trading outcomes. Under the new model, WazirX removes per-trade charges entirely, aiming to change incentives that typically place platforms and traders on opposite sides.

According to the company, trading fees accumulate significantly for frequent traders. A user conducting ten buy-and-sell transactions of ₹10,000 each in a month typically pays around 0.5% per order, adding up to thousands of rupees in fees. Over a year, such charges can reach about ₹6,000, reducing capital available for future trades and impacting long-term returns. The impact is higher for users trading larger amounts.

With WazirX Zero, all users—from high-volume traders to retail participants—will pay only the fixed monthly fee. The exchange said the model aims to lower recurring costs, remove barriers to participation, and reduce friction that discourages users from active trading.

Nischal Shetty, Founder of WazirX, said the industry has long relied on a structure where exchanges profit from every order. He said the new model seeks to simplify charges and alter the exchange–user dynamic by replacing variable fees with one standard cost.

WazirX Zero will now serve as the default trading model on the platform.