In-depth analysis of the high contract handling fee

Recently, many friends who do contracts have reported to me that the handling fee is too high. There are actually reasons behind this.

First, the size of the position is the key factor. The handling fee is not calculated based on the principal, but on the market value of the position. To put it bluntly, the larger the position, the higher the handling fee. For example, if you invest the same principal but hold a large position, the handling fee you pay will be much higher than when the position is small.

Second, the fee rates for taking orders and placing orders are very different. Taking orders means actively trading with existing pending orders, which will consume market liquidity and reduce trading depth, so the fee rate is higher. The fee rate for ordinary users to take orders is 0.05%; placing orders means placing trading instructions and waiting for trading, which can provide liquidity to the market, so it is more "favored" by exchanges, and the fee rate for placing orders is only 0.02%. Compared with the two, the cost of taking orders is obviously higher, so everyone should calculate this account when operating.

Third, the exchange rebate should not be underestimated. Some users have low transaction fees because they use pending orders skillfully and enjoy the benefits of transaction fee refunds. Each opening fee will be returned to the personal account through various channels later, which can save a lot of costs over time.

Knowing these tricks, when you do contract transactions in the future, you can optimize costs and increase profits from the perspectives of position control, order placement method selection, and attention to rebate policies.