How are contract trading fees calculated? Don’t worry, your study buddy is here to explain:
Contract trading fees are calculated based on the notional value of the trade—that is, the execution price multiplied by the quantity—not the margin you put up.
For frequent, short-term trades, fees can quickly add up to more than you expect and take a significant bite out of your overall returns.
I didn’t understand this back then, and I wasted enough money on fees to buy milk tea for months.
$BTC 82514.25(+0.9%)
#BTC
This does not constitute a trading signal.
Contract trading fees are calculated based on the notional value of the trade—that is, the execution price multiplied by the quantity—not the margin you put up.
For frequent, short-term trades, fees can quickly add up to more than you expect and take a significant bite out of your overall returns.
I didn’t understand this back then, and I wasted enough money on fees to buy milk tea for months.
$BTC 82514.25(+0.9%)
#BTC
This does not constitute a trading signal.