CEX.IO Broker: First Commission-Free Margin Trading Platform 🤯

Margin Trading Platforms offer many opportunities to earn from the price movements of trading assets. But fees often can pile up and eat up all profits. More so, they can eat capital while your position is open and not profitable. Whether you make money or not, there is always a fee.  Sometimes a considerable portion of the trading profits drains into multiplied fees for your positions. Of course, the platform gives you access to markets, so it’s reasonable that they charge for the service.  But, is it possible to trade without fees? The answer is – YES.  CEX.IO Broker canceled all fees on all markets being the first margin trading platform to take this step.   Why Did We Do It?  Cryptocurrencies are redistributing the power that’s historically been held by financial institutions to the people. This is our contribution, we wanted to simplify access to open finance for everyone. By canceling all trading fees on CEX.IO Broker we give our clients more freedom to take advantage of the market opportunities. In the following sections, we will explain in detail how the fees work and explore the opportunities that are going to be easily accessible for traders in the future. So read on, we have a lot to share. How Do Trading Fees Work? Before we move on, let’s explore the role of fees in margin trading. Usually, to open, close, and maintain positions on margin trading platforms, traders need to pay fees. These fees can cut the profits, and even turn trading ROI negative. How? Let’s look closer at the example. Scenario 1.  Say you want to open a short position on the trading asset X being sure in the upcoming downtrend. However, you don’t know exactly when it happens. So you open the position and keep paying maintenance (rollover) fees while waiting for the position to become profitable. The longer you wait, the more chances these fees will eat up your profit or even make it negative.  Scenario 2. You want to do scalping trading — open and close positions frequently to fix a profit. And of course, you have…

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