#AprendamosJuntos

ABOUT COMMISSIONS IN FUTURES

A very common mistake is not considering commissions when trading.

Personally, I trade a lot in Futures, which involves constantly opening and closing positions. When doing so with leverage, it is important to keep in mind that commissions can affect profitability, especially if the profits are small.

To reduce commissions, avoid using Market (Taker) orders and instead use Limit (Maker). This reduces the commission by 50% on both the entry and exit of the trade. Also, if you activate the “Post-Only” option, you ensure that the order is always executed as a Maker.

If you trade with high volumes, Binance reduces commissions as you move up the level in their VIP program. You can also get additional discounts by paying commissions with BNB. However, in my case, I prefer to trade with USDT.

Imagine you make 200 monthly trades and pay $2 commission per transaction, you would be saving half of the $400 commission.

And when you leverage by 25 and put in $200, you are paying the commission on $5000.

For entry and exit (buy and sell)

I hope this info helps you, I also understand that it is easy to put the post only order when you enter but sometimes we want to get out quickly and there is no other option than to put the Market option.

Good trade for you!