Many brothers who trade contracts still do not know the horror of transaction fees, and even look down on this small fee. Little do they know that frequent trading fees can also amount to a significant cost. Let me explain in detail how contract transaction fees are calculated:
Let me give you an example:
Opening 1 large contract, based on the current 90,000u:
The order placement fee is 0.02%
90,000 x 0.02% = 18u (order entry)
Many brothers like to close positions with one click, which incurs a fee, and the closing fee is 0.05%
90,000 x 0.05% = 45u (order exit)
This one entry and exit costs 73u
With a transaction fee of 73u per trade, if you make 5 trades in a day, it will cost you 365u
In a month of 30 days, that amounts to 10,950u. With rebate offers, you can save at least a few thousand dollars a month!
The thousands saved on transaction fees could fund several visits to a spa, wouldn't that be nice?
So everyone must open rebate offers; not opening them means wasting transaction fees unnecessarily. This is a win-win choice.
Once you have the rebate offer, the transaction fees are returned to your own account. Even if you lose money on one or two trades, as long as the losses are less than your monthly rebate, you will still end up making a profit.
For experienced contract users, it is essential to get a rebate offer; otherwise, the losses can be substantial. If you need assistance, our little assistant can help you.
