Global Broker Regulation Inquiry App
WikiFX
schlaepfi
1-2 years
Can I know the details about Founder CIFCO Futures fees?
Broker Issues
Fees and Spreads
08-16
United States
WikiFX
Reply
Founder CIFCO Futures has a variable fee structure depending on the instruments being traded. For example, the ETF trading fee on the Shanghai and Shenzhen Stock Exchanges is 0.03% of the transaction amount, with a minimum fee of 5 yuan. For ETF options, the fee is 10 yuan per contract. This means that the cost of trading ETFs could be more affordable for small transactions, but larger trades could lead to higher fees. For me, it’s essential to factor these costs into my trading strategy to ensure my trades remain profitable.
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