1. Contract Trading Fee
The contract trading fee refers to the fee charged by the platform based on the transaction amount when opening or closing a position.
Contract Fee = Transaction Amount × Fee Rate
Where:
Transaction Amount = Number of Contracts × Contract Face Value × Transaction Price
Fee Rate = Maker / Taker Fee Rate specified by the platform
For example:
Assume you buy 1 contract, the contract face value is 1, the contract price is $100, and the fee rate is 0.1%.
Contract Transaction Amount = 1 × 1 × $100 = $100
Fee = $100 × 0.1% = $0.10
2. Leverage Effect
If you trade with leverage, the fee is calculated based on the actual transaction amount, not the amount you actually invested.
For example, with 10x leverage, your actual investment is $10, but the fee is calculated based on a transaction amount of $100.
Therefore, the fee you pay may appear higher because it is based on the total transaction amount after leverage.