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Are there any additional fees for using Kraken's margin trading feature?

avatarSHAWN BIVENSDec 17, 2021 · 3 years ago3 answers

I'm interested in using Kraken's margin trading feature, but I'm wondering if there are any additional fees associated with it. Can you provide more details about the fees involved in margin trading on Kraken?

Are there any additional fees for using Kraken's margin trading feature?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are additional fees for using Kraken's margin trading feature. When you open a margin position, you will be charged an opening fee. Additionally, there is a rollover fee if you keep your position open overnight. The exact fees depend on the currency pair and the amount of leverage you use. It's important to carefully review Kraken's fee schedule to understand the specific costs involved in margin trading.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Kraken charges fees for margin trading. The fees include an opening fee and a rollover fee. The opening fee is charged when you open a margin position, and the rollover fee is charged if you keep your position open overnight. The fees vary depending on the currency pair and the leverage you use. Make sure to check Kraken's fee schedule for the most up-to-date information on margin trading fees.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are additional fees for using Kraken's margin trading feature. The opening fee is charged when you open a margin position, and the rollover fee is charged if you keep your position open overnight. The fees vary depending on the currency pair and the amount of leverage you use. It's important to note that these fees are separate from the regular trading fees on Kraken. Make sure to review the fee schedule on Kraken's website for more detailed information.