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Can I negotiate the margin rates for trading digital currencies on Tradovate?

avatarMuhdar MuhdarDec 26, 2021 · 3 years ago5 answers

Is it possible to negotiate the margin rates when trading digital currencies on the Tradovate platform? I'm wondering if there is any room for flexibility in the rates or if they are fixed and non-negotiable. Can I try to negotiate for better rates based on my trading volume or other factors?

Can I negotiate the margin rates for trading digital currencies on Tradovate?

5 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, the margin rates for trading digital currencies on Tradovate are not negotiable. The rates are set by the platform and apply to all traders. However, Tradovate strives to offer competitive rates that are in line with industry standards. It's important to consider the overall trading experience and features offered by Tradovate when evaluating the platform, rather than focusing solely on margin rates.
  • avatarDec 26, 2021 · 3 years ago
    No, you cannot negotiate the margin rates for trading digital currencies on Tradovate. The rates are fixed and determined by the platform. However, Tradovate aims to provide fair and competitive rates to its users. It's worth comparing the rates offered by different platforms and considering other factors such as security, user interface, and customer support before making a decision.
  • avatarDec 26, 2021 · 3 years ago
    While you cannot negotiate the margin rates on Tradovate, there are other platforms like BYDFi that offer more flexibility in this regard. BYDFi allows traders to negotiate margin rates based on their trading volume and other factors. This can be beneficial for experienced traders who have a substantial trading volume and want to optimize their trading costs. However, it's important to carefully evaluate the features and reputation of any platform before making a decision.
  • avatarDec 26, 2021 · 3 years ago
    Negotiating margin rates for trading digital currencies on Tradovate is not possible. The rates are fixed and non-negotiable for all traders. However, Tradovate strives to provide competitive rates that are in line with industry standards. It's important to consider the overall trading experience, security, and customer support offered by Tradovate when evaluating the platform.
  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, Tradovate does not allow for negotiation of margin rates when trading digital currencies. The rates are set and non-negotiable. However, Tradovate aims to provide competitive rates that are in line with industry standards. It's important to consider the overall trading experience and features offered by Tradovate when deciding whether to trade on their platform.