A fee payback is a service that allows traders to receive a portion of the trading fees they’ve paid back from the exchange.
For example, if Mr. A, who trades an average of 30 times a day, executes $1,000 trades with 10x leverage, his daily fee would amount to $240.
If you trade frequently like Mr. A, the accumulated fees can be significant. By taking advantage of this benefit, you can save a considerable amount.
If Mr. A receives a 20% fee payback, he would get $48 back per day, reducing his effective fee to just $192.