If you don't hurry to find me to open it, you'll save enough for a car in a year.
I have several big account friends who initially didn't take the fees seriously, but after I showed them the fee details, they found out that their fees actually cost hundreds of thousands in a year. They regretted not opening the rebate with me earlier.
You said that the money returned from this fee could be used for living expenses or to open a position, isn't that appealing? No matter how you look at it, it's full of happiness! If you make a profit in the secondary market trading, the fee rebate is pure profit, and if you incur losses and get liquidated, this rebate is your 'lifeline' for rebirth! So, opening a rebate is really important!
Many people think this fee is not much, the reason is they haven't calculated it carefully. Below, I will explain with real calculation data:
1️⃣ Contract trading fee calculation:
A single fee is 0.05% (0.0005)
One buy and one sell is 0.1% (0.001)
The fee for a 100x leverage contract is 100×0.001=0.1 (10%)
The fee for trading three times a day is 0.1×3=0.3 (30%)
The accumulated trading fee for one month is 30×0.3=9 (900%)
The accumulated trading fee for one year is 12×9=108 (10800%)
Example: 1000 USD margin opening 100x leverage
The accumulated trading fee for one year is 108,000 USD $
2️⃣ Spot trading fee calculation:
Fee is 0.2% (0.02)
One buy and one sell is 0.4% (0.04)
The fee for trading three times a day is 0.04×3=0.12 (1.2%)
The fee for 30 days in a month is 0.12×30=3.6 (36%)
The accumulated trading fee for one year is 3.6×12=43.2 (4.32 times)
Example: 100,000 USD principal for spot trading
The annual fee is 100000×43.2=4320000 (432,000 USD $)
After this detailed calculation, do you realize why most retail investors end up not only not making money but also losing money? Because over a year, buying and selling back and forth, the fees will consume 4.32 times the principal, not to mention the losses from market declines that shrink assets. So, if you haven't opened the fee rebate yet, hurry up and find me to open it!
To my friends who have come across me by chance, please give me a follow!