Does trading fees really matter ?

[Inkdatar]

Indeed, every exchange applies the rules regarding trading fees, it is one of their ways to make a profit from traders.
And every exchange has a different trading fee, so we must be observant in choosing exchanges for trading.
For me about trading fees is really matter, because it can affect to my profit, for example trading fees of 0.25% is quite large.
Especially if we have a large capital will feel burden some due to a trading fee of 0.25%, because of me doing daily trading is
more pronounced with this trading fee problem. So I chose exchanges with  trading fee low.

It really does matter in my point of view, for those who have a small capital when doing a day trading. The same I always choose the exchange costing lower fee since when I do trading my capital is just enough. Actually, if you can afford the fees why not go for it? As long you are earning from your coins and your doing good leverage in your day to day trading.

[BlackFor3st]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

If you are earning only then trading fees will not matter at all but once you are trading there is no guarantee that you will be earning only, there will be times that you will loss also and because of it trading fees will really matter.

Every single dollar that you can save, it will be added to your profit therefore many are looking for an exchange that offers a lower trading fees compare to others.

[FlamingFingers]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

As for me it doesn't really matter due to the fact that when you compare what you are earning from the exchange it's just a little to what you've been earning,  0.25% ain't much, for those who think it's much,  perhaps maybe they are not really making profit from almost all their trades

[ajaymukund]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

0.25% is a really big number for lots of money transactions. For example, if you buy a token with 2 Bitcoin, with a fee of 0.25%, it will be $ 41.
Such a transaction is too expensive compared to other exchanges. We should consider exchanges that have a high fee. But better yet, we should go to the newly opened exchanges. Transaction fee will be very cheap and about 0.1% on a transaction. eg: bcnex, beaxy, exmarket.

[Murat]

Of course, It means a lot, It's a simple thing that you must pay the fee while you are trading and making a profit, We usually pay fee or service charge when you go to bank and any other financial company, it's a mandatory fee should be given, otherwise how and why the trading sites could run or maintain their system, it's mentionable that we don't see a lot of traders always make the large profit so without providing fees how could they survive? it's kind of commission of an agent, they offer you a good platform for trading and you give them a minimum amount of fee which is really a matter. But it matters when the broker or agent claims more than .25%. Though Exchanges can profit trading opportunities without fees as they make huge amounts of profit from withdrawals. Maybe We will see less trading fees when there will be more competition between exchanges.

[Reid]

In the long run it will matter.

.25 percent multiplied 8 times will be 2% again which is what you make.
Although it does matter it is inevitable because they need to make money also for the exchange to continue.
Legal matters being paid and a lot more documentation and taxes.

You are making money and so they are.

[BitHodler]

.25 percent multiplied 8 times will be 2% again which is what you make.

That's not how fee calculations work. No matter how many positions you open or close, the overall fee you pay remains 0.25%---the only thing that changes is the amount the more volume you generate.

Easy example.

0.25% fee over $1 trade = $0.0025
0.25% fee over one hundred $1 trades = $0.25

You see that the fee remains 0.25% no matter what.

[bitcoin31]

0.25 percent for every trade you made is still low because for me when Im selling my coim I'll make sure that my minimum profit is 10 percent so I think it is still okay to that kind of percentage in trading. But for the others maybe that is huge because they earnings is very smll so the effect for them is very big but for the traders who have a huge income I don't think they can feel it.

[nydiacaskey01]

If you are trading with a capital of $1,000 USD, 0.25% of that $2.5 USD
Sounds small right?
But if you are a day trader and daily your capital is $1,000 USD, thats how much in 1 week? Then check how would that be in 1 month.It may sound small but if you are in need of money, there will come. a time that you will think of the 0.25% and how much would that be after making 1,000 trades.

[uray]

It really does matter in my point of view, for those who have a small capital when doing a day trading. The same I always choose the exchange costing lower fee since when I do trading my capital is just enough.

The problem with trading with small amount of money is that you cannot end up in a profit even if you sell the coins at a minimal profit because there is trading fees which might not be a big deal but the withdrawal fees is still big in majority of the exchanges and they will input the minimal transaction fees and all the exchanges have varied fees structure and i usually avoid exchanges with higher withdrawal fees if i am doing arbitrary.

[Golstrim]

Yes, 0.25% is really too much if you trade with 20 x leverage and have frequent deals. With 1000$ deposit you can pay 500$ comission to exchange monthly.
I am not joking, it is my calculations and my comission is too huge

[nasipadang]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

It's big enough if 2% here has a high value, if you trade in large quantities such as 10 bitcoin then in dollars what fees should be spent. Even though we still benefit, it's just a matter of thinking about the size of the fee in the market.

[rodel caling]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

There's no choice for that mate exchange is all about business tha need also to get profits of the owner or developers. If you looking for the low fees in your trading job I suggest try poloniex low fee and secured I am not promoting poloniex and I have nothing connection I only give a choice for your problem what are you looking for.

[NathanJB]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

0.25% is big deal if you are a full time trader. It only takes 4 trades and you are already giving away 1% to the platform you are using. Make it 8 and you are already 2% off. And how many trades will a trader do in a full day? It is not few. Not to mention that a trader does not always win. There are times when they lose more than they win.

[KnightElite]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

For me 2% fee is a big amount of money. I use exchanges that have lower commission or fees for me to maximize my profit. .25% fee and 2% have a huge difference so trading fee is a matter.

[iMark]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

You already have the answer dude, the answer is simple not all traders have a strategy to get a profit with a large margin, some traders even only target a profit of around 2%-5%, and if the fee for each transaction in exchange of almost 1% of course it greatly reduces the profit he gets right? sometimes some exchanges provide relief fee such as 0% on some altcoin markets, and fortunately local exchanges in my country give 0% fee also for altcoin trading, of course it's a great relief for me.

[cosmofly]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

It's really great for those who hold lots of money and trade in bulk. so that's why exchanges are always offering fee reduction policies to attract more traders to their exchanges.
There are even exchanges that do not use fees for trading, which will be a great advantage in competing with large exchanges.

[trumpman]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

well, if you trade only once in a while and only when you have a big % in profits, no it doesn't make a difference. But for a day trader shooting for small profits, those 0.25% quickly add up and can make quite a difference between making a profit or loss!

[qwertyup23]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

Trading fees would matter especially if you do it on a consistent/daily basis. The values may be relatively small but it accrues exponentially once you do trading as your main line of income. That is why most traders need to look for an exchange that has low fees. Remember that anything that deducts your income matters in the long-run.

That is really a big factor to see when you are in trading. We're not in trading to makes gains just to pay for the fees but for us to save more.
Traders will never take used trading exchanges that have high fees but they are more considerate with those who can give them free or of a small amount.
Many reputable exchanges save those cause they remain at low which it helps to keep their traders stick to them.

I agree. There are others that seldom trade and just HOLD their resources. In the contrary, day-traders suffer the burden of paying these fees due to their nature of trading daily.

[crossabdd]

Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?

it might look small if you trade using small capital, but it might be different for brands that have detailed calculations with large capital. for example is 10-20BTC in trading, then 0.25% is fee. if the price of Bitcoin is 8000 $ then $ 80K - 200 $ and in my opinion this is big for fee. but if we make 2% of $ 80K. it shouldn't matter.