【He said not to worry about the fees, I was just stunned…】
Today a new friend asked me, saying: "I just started trading contracts recently, I deposited 1000U and want to give it a try."
As we chatted, he suddenly blurted out: "The fees shouldn't be much, right?"
As soon as I heard that, my head went "buzz"—he is definitely new to this!
So I took the 1000U he mentioned and calculated the fees for him:
💡 Assuming a principal of 1000U, with an average leverage of 20 times,
he opens trades twice a day, which is quite a restrained frequency.
🔸 One trade: Position is 20000U, fee is 0.05%
→ Open position 10U + Close position 10U = 20U
🔸 Two trades a day: 20U x 2 = 40U
🔸 One month (30 days): 40U x 30 = 1200U
He was stunned: The fees for one month exceeded the principal?!
But here comes the key point:
✅ If you happen to not incur any losses this month, and the fee rebates come back, then you have a net profit;
❌ If you lost 100U, but the rebates return a few hundred U, you still profit;
❌ However, if you do not opt for rebates, then this 1200 just goes to the platform, and you won't even know where you lost.
So, don't just focus on the profit and loss curve, check how much you actually spent on fees.
📌 I will share the method to check your fee expenses below, just follow the steps to operate.
If you find that you open several trades in a day and your monthly fees have already exceeded your principal,
but you haven't opted for rebates—hurry up and catch up now, the earlier you do it, the more money you save.