What are some strategies to reduce trading fees on fidelity futures?

6 answers

• Nov 23, 2021 · 3 years ago
  One strategy to reduce trading fees on fidelity futures is to take advantage of volume-based pricing. Fidelity offers lower fees for traders who execute a higher volume of trades. By increasing your trading volume, you can qualify for discounted fees, which can significantly reduce your overall trading costs.
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• Nov 23, 2021 · 3 years ago
  Another strategy is to carefully consider the timing of your trades. Fidelity may offer lower fees during certain times of the day or week when trading activity is lower. By monitoring the market and executing trades during these periods, you may be able to take advantage of reduced fees.
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• Nov 23, 2021 · 3 years ago
  At BYDFi, we recommend diversifying your trading across multiple exchanges. While fidelity futures may have certain fees associated with them, other exchanges may offer lower fees for futures trading. By spreading your trades across different exchanges, you can take advantage of the most cost-effective options available.
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• Nov 23, 2021 · 3 years ago
  In addition, it's important to review and understand fidelity's fee structure. By familiarizing yourself with the specific fees associated with fidelity futures, you can identify areas where you may be able to reduce costs. This may include adjusting your trading strategy or taking advantage of specific fee waivers or discounts offered by fidelity.
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• Nov 23, 2021 · 3 years ago
  One more strategy is to consider using limit orders instead of market orders. Limit orders allow you to set a specific price at which you want to buy or sell a futures contract. By using limit orders, you can potentially avoid paying higher fees associated with market orders, as well as have more control over the execution price of your trades.
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• Nov 23, 2021 · 3 years ago
  Lastly, it's always a good idea to stay informed about any updates or promotions fidelity may offer regarding trading fees. They may periodically introduce new fee structures or temporary fee reductions that can help you save on trading costs. Keeping an eye on fidelity's announcements and staying proactive can ensure you're taking advantage of the best fee-saving opportunities available.
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