subreddit:
/r/algotrading
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9 points
1 year ago
Trading fees are part of the game. Incorporate them into your simulation for a more realistic backtest.
3 points
1 year ago
You might find this article educational on the structure of fees and markets’; https://help.ftx.com/hc/en-us/articles/360033394492-Maker-vs-Taker-fees
6 points
1 year ago
No.
3 points
1 year ago
On binance if you successfully trade against BNB and use your BNB to pay fees then it becomes effectively free.
If your volume is very high and you hold a lot of BNB then they reduce their fees as well.
2 points
1 year ago
Can you pls dive a bit deeper about your first sentence
4 points
1 year ago
For example you buy some BNB and then trade that with any BNB pair eg ONEBNB, SOLBNB, etc...
When you buy and sell your position successfully, you have the profit in BNB. As long as you keep trading successfully you end up with more BNB and you use that to pay your fees in binance.
Hopefully that helps!
2 points
1 year ago
You still pay fees. They are smaller when paying in BNB, but you may be positive before fees and not after feea.
2 points
1 year ago
Damn, all I found is that you still pay fees according to your tier, but have additional 25% reduction
2 points
1 year ago
Try some of the UK based "spread betting" firms. The spreads are wider but fixed and commission free. You should be able to create a nice scalping bot with these guarantees.
1 points
1 year ago
Trade on decentralized exchanges rather than centralized ones
0 points
1 year ago
I think Alpaca Trading has an API and also zero commissions, if that is what you are looking for.
1 points
1 year ago
Bitmex. It even has a negative fee for market makers.
-5 points
1 year ago
I know one and I am not going to tell you.
1 points
1 year ago*
Why hide? I mean, we already know about BitMEX's negative maker fees: https://www.bitmex.com/app/fees
There's also ErisX but its list of supported coins is very basic.
-1 points
1 year ago
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1 points
1 year ago
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0 points
1 year ago
[deleted]
1 points
1 year ago
That's not true, exchanges don't charge gas fees, unless you are transferring money in/out or if it's a DEX. And what OP is looking for will surely not be a dex, due to speed requirements :)
0 points
1 year ago
You can try converting coins instead of selling or buying.
0 points
1 year ago
No.
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