Many brothers who do contracts have reflected to me about the issue of high transaction fees, which may have several reasons:
First, the size of the position affects the transaction fees.
Transaction fees are calculated based on your position's market value, not just your principal. This means that if your position is larger, the corresponding transaction fees will also be higher.
Second, the rate difference between market orders and limit orders.
Market orders usually require a higher fee than limit orders. For ordinary users, the market order fee is 0.05%, while the limit order fee is 0.02%. Do you see it? The market order fee is indeed higher than the limit order fee. Market orders consume liquidity and reduce trading depth, while exchanges usually encourage users to place limit orders, which are more economical.
Third, the rebate mechanism of the exchange.
Some people can enjoy lower fees because they not only choose limit orders but also receive a rebate on their transaction fees for each trade. The fees incurred after opening a position will be returned to your account in different ways.