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What is the fee structure for margin trading on Fubo?

avatarSkiplesDec 26, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fee structure for margin trading on Fubo? I would like to know the fees associated with opening and closing positions, as well as any additional charges for holding positions overnight or using leverage. It would also be helpful to understand if there are any differences in fees based on the size of the position or the duration of the trade.

What is the fee structure for margin trading on Fubo?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers margin trading with a competitive fee structure. When it comes to fees, opening and closing positions on Fubo incur a trading fee, which is a percentage of the total value of the trade. This fee is typically lower than the fee for regular spot trading. Additionally, there might be an overnight fee for holding positions overnight. The overnight fee is calculated based on the size of the position and the interest rate associated with the borrowed funds. It's important to note that leverage can also affect the fees. Higher leverage levels may result in higher fees. For more information on the fee structure, it's recommended to visit Fubo's website or contact their customer support. Please note that fees may vary based on the size of the position and the duration of the trade.