SnapEx will only charge a fee when you open a position and will not charge additional fees when you close your position. There are also no other hidden transaction costs for the user.
Unlike other platforms, SnapEx does not have any platform spreads and has minimal slippages.
The current transaction fee rate is 0.15%. To enjoy further savings, you can use SNAP points to deduct the transaction fees.
Any adjustments or promotions on the fees will be announced in the official SnapEx Help Center.
Trading positions that are held past 6:00 (GMT+8, Singapore time) will incur an Overnight Fee.
The Overnight Fee will be charged at 6:00 (GMT+8, Singapore time) daily. The fee will be equivalent to Margin x (Leverage - 1) x 0.045%.
When you have multiple open orders, the Overnight Fee will be charged according to the time the orders were opened.
To avoid forced liquidations of your positions, please ensure you have an adequate balance left in your SnapEx trading account.