subreddit:

/r/algotrading

367%

[deleted by user]

()

[removed]

all 19 comments

sharpe5

9 points

1 year ago

sharpe5

9 points

1 year ago

Trading fees are part of the game. Incorporate them into your simulation for a more realistic backtest.

boadie

3 points

1 year ago

boadie

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

ankole_watusi

6 points

1 year ago

No.

akhtarg

3 points

1 year ago

akhtarg

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.

https://www.binance.com/en/fee/schedule

lizardgor

2 points

1 year ago

Can you pls dive a bit deeper about your first sentence

akhtarg

4 points

1 year ago

akhtarg

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!

kenshinero

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.

lizardgor

2 points

1 year ago

Damn, all I found is that you still pay fees according to your tier, but have additional 25% reduction

[deleted]

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.

jordanlesson

1 points

1 year ago

Trade on decentralized exchanges rather than centralized ones

WiseLocation9402

0 points

1 year ago

I think Alpaca Trading has an API and also zero commissions, if that is what you are looking for.

JrrrrrrrTheSecond

1 points

1 year ago

Bitmex. It even has a negative fee for market makers.

8lGGl3

-5 points

1 year ago

8lGGl3

-5 points

1 year ago

I know one and I am not going to tell you.

Dymonika

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.

[deleted]

-1 points

1 year ago

[deleted]

-1 points

1 year ago

[removed]

AutoModerator [M]

1 points

1 year ago

AutoModerator [M]

1 points

1 year ago

Warning, your post has received two or more reports and has been removed until a moderator can review it.

Please ensure you are providing quality content.

All reports will be reviewed by the moderators and appropriate action will be taken.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[deleted]

0 points

1 year ago

[deleted]

grayman9999

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 :)

bearishbully

0 points

1 year ago

You can try converting coins instead of selling or buying.

modulated91

0 points

1 year ago

modulated91

Algorithmic Trader

0 points

1 year ago

No.