Many newcomers prefer one-click closing to exit quickly, which actually executes a 'market order' operation, and its fees are often higher, usually at 0.05%. Based on this rate, the exit fee would be: 3500u * 10 * 0.05% = 17.5u. In summary, the total fee for a single contract from entry to exit reaches 35u. If you make 5 such trades a day, the cumulative fee will reach as high as 175u. Further calculations show that the monthly fee expenditure (based on 30 days) will reach an astonishing 5250u.
For high-frequency contract trading and large positions,
your fee expenditure may exceed the principal in just one month.
Does it sound a bit high? Don't worry, at this point, the advantages of fee rebates become apparent. Through rebates, you can get back a portion of the fees, which is equivalent to saving money.
More importantly, fee rebates apply not only to spot trading but also to contract trading. This means that whether you are a spot trading expert or a contract trading guru, you can enjoy more trading returns through rebates.
So make sure to open rebates; you should get back the fees that are rightfully yours, otherwise, all the fees go to the market.
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