What the fuck does that shitty test server, that gives you NO real feel for how the market works, have to do with how the fees are structured?
Did you even read what the OP wrote, or did your retard brain just go "REEEEE Bitmex, I post about test server, because I so smart, I hero now, reeeeeeeeeee"?
Those fees are rape tier.
I haven't withdrew yet but I heard the withdrawal fees are insane.
Something people tend to forget is that leverage not only multiplies your ROE, it also multiplies your fees. So If you're doing a dumbass 100x order you're gonna pay 7.5% in fees
Don't do high leverage.
They don't charge a withdrawal fee. The only fee you pay is BTC's network transaction fee. Just make sure you take a look at BTC's mempool to make sure it's not clogged before doing a withdrawal, that way you guarantee low fees and fast transaction times.
>If you're doing a dumbass 100x order you're gonna pay 7.5% in fees
That's plain wrong.
Explain yourself pleasee
No, it's not. 0.075% taker fee x 100 = 7.5% of the equity in your position. Granted, if you made the right call it won't take long to beat 7.5% ROE at 100x leverage, but if you are not thinking about it and close your position early for small gains, you'll get raped.
You pay 0.075% per contract and it doesn't matter how much leverage you use.
Yeah, exactly dumbass. Every single contract, including the ones you bought with your 100x leverage.
Way to be a retard, OP asked "Can someone explain me the fees on bitmex???"
He can get an answer:
- Reading the many docs on bitmex
- Making different trades on the testnet to see how much fees he's paid in different scenarios