Are there any fees associated with margin trading cryptocurrencies on Fidelity?

3 answers

• Dec 17, 2021 · 3 years ago
  Yes, there are fees associated with margin trading cryptocurrencies on Fidelity. The fees vary depending on the specific cryptocurrency and the amount of leverage used. Fidelity charges an interest rate on the borrowed funds, which is typically higher than the interest rate on regular margin accounts. Additionally, there may be other fees such as maintenance fees or transaction fees. It is important to carefully review the fee schedule provided by Fidelity before engaging in margin trading.
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• Dec 17, 2021 · 3 years ago
  Absolutely! When it comes to margin trading cryptocurrencies on Fidelity, there are indeed fees involved. These fees can include interest charges on the borrowed funds, as well as maintenance fees and transaction fees. The specific fees may vary depending on the cryptocurrency you're trading and the amount of leverage you're using. It's always a good idea to review the fee schedule provided by Fidelity to understand the costs associated with margin trading.
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• Dec 17, 2021 · 3 years ago
  Yes, there are fees associated with margin trading cryptocurrencies on Fidelity. Fidelity offers competitive rates for margin trading, but it's important to note that the fees can vary depending on the specific cryptocurrency and the amount of leverage used. To get the most accurate and up-to-date information on fees, I recommend visiting Fidelity's official website or contacting their customer support. They will be able to provide you with detailed information on the fees associated with margin trading cryptocurrencies on their platform.
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