Many people don't realize that contract trading fees may seem low, but in reality, they are very frightening.


For example, if the fee is calculated at 0.05%, you pay once when opening a position and again when closing.
Suppose you use $1,000 of capital to open a 100x leverage position, which results in a $100,000 trading volume,
With one open and one close, the fees are roughly $100,
That means, in a complete trade, the fee can eat up 10% of your principal.
If you accumulate $10,000 in fees in a month and have a rebate, you can usually get back $2,000, $3,000, or even $5,000.
But if you don't have a rebate,
This money is essentially given away for free to the platform.
So, when trading contracts, the direction is important, but the fees are even more crucial.
Without a rebate, the more frequently you trade, the more you lose invisibly.
Friends who haven't activated rebates yet can contact me directly.
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