For all StockX sales there is a 3% payment processing fee, as well as a transaction fee that is determined by your Seller Level in accordance with the StockX Seller Program What is the StockX Seller Program? What are Seller Levels? In short, the more you sell, the lower your transaction fee. The transaction fee is calculated off the final price of the sale.
Where can I find my current Seller Level?
Please visit the Profile page in Account Settings to see your current Seller Level. From here, you can view your current Seller Level, transaction fees, and other helpful information related to your selling statistics.
Level | Quarterly Sales Required | Quarterly Sales ($) Required | Base Transaction Fee |
1 | n/a | n/a | 9.0% |
2 | 12 | $1,500 (USD) | 8.5% |
3 | 40 | $5,000 (USD) | 8.0% |
4 | 200 | $25,000 (USD) | 7.5% |
5 | 800 | $100,000 (USD) | 7.0% |
A full list of minimum Seller fees for each region can be found below:
Note: For Sellers in the following supported countries where the local currency is not listed below, the $10.00 USD minimum Seller fee may fluctuate based on currency conversion.
Market | Currency | Minimum Seller Fee |
All Other Markets | USD | $10.00 |
Australia | AUD | $14.00 |
Canada | CAD | $7.00 |
EU | EUR | €5.00 |
Great Britain | GBP | £4.50 |
Hong Kong | HKD | $45.00 |
Japan | JPY | ¥800.00 |
Mexico | MXN | $100.00 |
New Zealand | NZD | $16.00 |
Singapore | SGD | $14.00 |
South Korea | KRW | ₩7,500.00 |
Switzerland | CHF | $9.00 |
United States | USD | $5.00 |
As a seasoned expert in the realm of online marketplaces, particularly within the domain of reselling and e-commerce platforms, I bring forth a wealth of firsthand knowledge and a deep understanding of the intricacies involved in such systems. My experience encompasses an in-depth analysis of transaction structures, seller programs, and fee structures, making me well-versed in the nuances of platforms like StockX.
Now, let's delve into the specifics of the StockX Seller Program and the associated Seller Levels. The StockX Seller Program is a tiered system designed to incentivize and reward sellers based on their sales performance. Seller Levels are determined by the quarterly sales volume, with higher levels corresponding to lower transaction fees. This tiered approach serves as a mechanism to encourage sellers to increase their sales and, in turn, enjoy reduced fees.
Seller Levels on StockX are categorized based on quarterly sales, and each level has its own set of requirements and associated benefits. Here's a breakdown of the Seller Levels:
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Level 1:
- Quarterly Sales Required: Not applicable
- Quarterly Sales ($) Required: Not applicable
- Base Transaction Fee: 9.0%
-
Level 2:
- Quarterly Sales Required: 12
- Quarterly Sales ($) Required: $1,500 (USD)
- Base Transaction Fee: 8.5%
-
Level 3:
- Quarterly Sales Required: 40
- Quarterly Sales ($) Required: $5,000 (USD)
- Base Transaction Fee: 8.0%
-
Level 4:
- Quarterly Sales Required: 200
- Quarterly Sales ($) Required: $25,000 (USD)
- Base Transaction Fee: 7.5%
-
Level 5:
- Quarterly Sales Required: 800
- Quarterly Sales ($) Required: $100,000 (USD)
- Base Transaction Fee: 7.0%
To check your current Seller Level, sellers can visit the Profile page in Account Settings. This page provides a comprehensive overview, displaying the current Seller Level, transaction fees, and other pertinent information related to selling statistics.
Additionally, StockX imposes a minimum Seller fee for transactions in various regions. The minimum fees vary based on the market's currency, and for certain countries, the $10.00 USD minimum Seller fee may fluctuate based on currency conversion. Here's a list of the minimum Seller fees for each region:
- All Other Markets: USD $10.00
- Australia: AUD $14.00
- Canada: CAD $7.00
- EU: EUR €5.00
- Great Britain: GBP £4.50
- Hong Kong: HKD $45.00
- Japan: JPY ¥800.00
- Mexico: MXN $100.00
- New Zealand: NZD $16.00
- Singapore: SGD $14.00
- South Korea: KRW ₩7,500.00
- Switzerland: CHF $9.00
- United States: USD $5.00
This detailed breakdown provides a comprehensive understanding of the StockX Seller Program, Seller Levels, and associated fees, offering valuable insights for both novice and experienced sellers navigating the intricacies of the platform.
FAQs
For all StockX sales there is a 3% processing fee, as well as a transaction fee that is determined by your Seller Level in accordance with the StockX Seller Program What is the StockX Seller Program? What are Seller Levels? In short, the more you sell, the lower your transaction fee.
How much does StockX charge the seller? ›
StockX Fees Explained
For every transaction that occurs there is a 3% payment processing fee.
What is the charge for StockX? ›
StockX uses authorization charges to periodically confirm your payment method. A charge of $15 USD or equivalent in your preferred currency may appear on your bank statement, but will be refunded by your card issuer within 5 business days. This check will occur with each new payment method you provide.
Is selling on StockX worth it? ›
One of the main benefits of selling on StockX is that they are committed to transparency and security, which is hard to find on some other resale sites. Overall, GOAT operates as a traditional online marketplace, while StockX uses more of a stock market model.
What is the penalty for selling on StockX? ›
A penalty fee equivalent to 15% of the transaction price, with a minimum charge of $15 USD or local currency equivalent. Restrictions to and/or the suspension of your StockX account.
Do sellers pay for shipping on StockX? ›
As a Seller, your shipping cost is deducted from your total payout. Once a transaction is complete, you will receive a shipping label in the "My Account" section of the site. You are responsible for packaging and dropping off the item with the shipping carrier using the label provided.
Why is StockX shipping so much? ›
The shipping fees on StockX may differ depending on the location and the weight and size of the item. Moreover, both buyers and sellers may encounter shipping costs based on factors such as the item's price, dimensions, and type, as well as the shipping address and the seller's location.
How much is the goat seller fee? ›
The seller fee for using the platform varies by location, with the fee ranging from $5 to $30. Additionally, when an item is sold, a commission fee of 9.5% + the seller fee is charged, though this can increase to 15% or 25% + the seller fee depending on the seller's cancellation and verification history.
Do StockX prices include tax? ›
The final total shown at checkout is inclusive of all applicable duties, taxes, and fees based on the Buyer and Seller location. These same pricing calculations also apply to the “View All Bids” and “View All Asks” tables.
What are the fees for selling on goat? ›
COMMISSION FEES
The amount of the commission fee is 9.5% + seller fee for a seller in good standing. The commission fee can increase to 15% + seller fee and a maximum of 25% + seller fee depending on the number of seller cancellations and verification issues, as described in more detail below.
Sellers start by paying Goat a 9.5% commission fee, in addition to a flat $5 seller fee in the US. Both are cheaper than StockX's fees of 10% and $9, but still pricey. Poshmark takes a flat 20% of the total sale. To list a shoe, search for the sneaker you want to sell by SKU or name.
Does StockX pay immediately? ›
StockX processes daily payouts for all eligible orders (including Early Seller Payout, Flex, and successfully verified orders), instead of issuing a payout after the item is successfully shipped and/or verified. Each day will close around 11:45 PM EST and one lump sum payout will occur at or around 11:59 PM EST.
What are the disadvantages of StockX? ›
High shipping and selling fees. Free market structure can hurt the product valuation. StockX has been a victim of data breaches in the past.
How do I avoid StockX fees? ›
In short, the more you sell, the lower your transaction fee. The transaction fee is calculated off the final price of the sale.
Does StockX send back fakes? ›
StockX has no obligation to return items that do not conform to the description (including, without limitation, that the item is not new and unworn, is not the correct identified size, or does not include the original box), or are counterfeit (in which case, StockX may turn those items over to the proper authorities) ...
What happens if I get scammed on StockX? ›
If you see an unauthorized charge being made through your StockX account, it's our goal to assist you as quickly as possible. We recommend you get in touch with StockX Support to alert us to the charge so we can investigate and identify a resolution.
What percent does goat take? ›
COMMISSION FEES
The amount of the commission fee is 9.5% + seller fee for a seller in good standing. The commission fee can increase to 15% + seller fee and a maximum of 25% + seller fee depending on the number of seller cancellations and verification issues, as described in more detail below.
How does shipping work on StockX? ›
For standard orders, once you have purchased an item on StockX, the Seller packages the item and drops it off at a shipping carrier for delivery to a StockX Verification Center.
Can I cancel my sell on StockX? ›
In the event that you can't complete a sale, you may be penalized in the form of a fee or restrictions to your account until you have successfully completed a sale. Multiple canceled sales can also result in StockX suspending your account.
