Many friends who play contracts complain to me that the transaction fees are too high. There are actually several important points worth mentioning here, full of valuable information.
First, you need to know that the amount of transaction fees is directly related to the size of your position. It’s not just about how much you initially invested, but rather how much goods you currently hold.
The more positions you have, the higher the transaction fees will naturally be.
Secondly, the difference in transaction fees between market orders and limit orders can be significant. A market order is like directly buying goods from someone else, costing more money, usually 0.05%. A limit order, on the other hand, is like setting up a stall waiting for someone to buy, and the transaction fee is much cheaper, only 0.02%.
That's why exchanges hope everyone will place more orders, it's good for everyone.
Moreover, the amount of transaction fees also depends on whether you can enjoy the exchange's commission rebates. Some people can spend less money because they not only place limit orders but also earn back a portion of the transaction fees from each trade.
This naturally reduces costs, so when everyone plays contracts, pay attention to these details, which can help you save a lot!
I am Xiao O, a professional analyst and teacher, a mentor and friend on your investment journey! As an analyst, the most basic thing is to help everyone make money. I will help you solve confusion and stuck positions, speaking with strength. When you are lost and don’t know what to do, follow Xiao O, Xiao O will guide you in the right direction.