The handling fee of futures trading refers to the fees charged by the exchange in futures trading, usually according to a certain proportion of the contract value of each transaction. Different exchanges will have different charging standards, and even different contracts of the same exchange will have different transaction fees. For example, the transaction fee for soybean meal futures in Dalian Commodity Exchange may be 1.5 yuan/hand, while the transaction fee for copper futures in Shanghai Futures Exchange may be 0.5 ‰ of the transaction amount.
Futures commission refers to the fees charged by commission merchants for providing trading services for traders. This part of the expenses usually includes the operating costs and profits of the securities firm. There are various ways to collect commissions, some brokers charge according to the fixed amount of each transaction, and some brokers charge according to the percentage of the transaction volume. For example, a brokerage firm may charge a commission of 20 yuan for each transaction, and another brokerage firm may charge a commission of 0. 1% of the transaction amount.
It should be noted that the handling fee and commission for futures trading are not as low as possible. Low fees and commissions can reduce transaction costs, but it may also mean that the quality of services provided by brokers is poor or the facilities of exchanges are not perfect. Therefore, when choosing exchanges and brokers, traders need to comprehensively consider many factors such as fees and commissions, service quality, trading facilities and so on, and choose the most suitable trading environment and brokers. At the same time, for traders with large trading volume and high trading frequency, some exchanges and brokers will also offer discounts on handling fees and commissions, which is also a way to reduce transaction costs.