How to trade crypto without high fees?

Trading crypto can be expensive, but you can minimize fees. Binance is a popular exchange with relatively low fees.

Spot Trading: This is like buying and selling stocks. Binance’s standard fee is 0.1% for both “makers” (people who add liquidity) and “takers” (people who remove liquidity). But, if you pay using their Binance Coin (BNB), you get a 25% discount, bringing the fee down to 0.075%.

Futures Trading: This is more advanced and involves leveraged trading (borrowing money to trade). Binance charges 0.02% for makers and 0.05% for takers. Again, a 10% discount applies if you pay with BNB.

Important Note on BNB: BNB is Binance’s own cryptocurrency. Holding and using BNB can significantly reduce your trading fees. However, remember that the price of BNB fluctuates like any other crypto, so there’s some risk involved.

Other Fee Considerations:

Withdrawal Fees: These are fees charged when you move your crypto off the exchange to your own wallet. These vary depending on the cryptocurrency and the network.
Deposit Fees: Some exchanges charge fees to deposit crypto, but many do not.
Hidden Fees: Be wary of exchanges with hidden fees or complex fee structures. Always check the complete fee schedule before using an exchange.

Tip: Compare fees across different exchanges before you start trading. What’s cheap on one platform might be expensive on another.

How can I reduce my trading fees?

To slash those pesky trading fees, especially in the volatile crypto world, focus on these key areas:

Broker Selection is King: Don’t settle for the first exchange you find! Research brokers offering low trading fees or even commission-free trading. Consider factors beyond fees, like security and reputation. Some exchanges offer maker-taker fee models; understanding these can drastically reduce your costs if you’re willing to provide liquidity to the order book.
Leverage the Power of Per-Share Pricing (or its Crypto Equivalent): For smaller trades, this minimizes the fee impact. In crypto, look for exchanges with tiered fee structures based on trade volume – higher volume often means lower fees per trade.
Batch Your Trades: Avoid making numerous small trades. Combine smaller transactions into larger ones to benefit from economies of scale and potentially lower fees per unit.
Explore Fee Discounts: Many exchanges offer discounts based on trading volume, loyalty programs, or even staking their native token. Actively seek these opportunities; they can significantly add up over time.
Understand Hidden Fees: Be aware of withdrawal fees, deposit fees, and any other hidden costs. These can quickly eat into your profits, especially with frequent transactions.

Pro-Tip: Consider using a decentralized exchange (DEX) for certain trades. While they might have slightly more complex interfaces, DEXs often have lower fees than centralized exchanges (CEXs) because they eliminate intermediaries. However, be sure to thoroughly research the security and reputation of any DEX before using it.

Can you deduct trading fees?

No, you cannot deduct trading fees from your taxable income. This is a common misconception, especially in the dynamic world of cryptocurrency. Any expense incurred in buying, selling, holding, or generating income from digital assets is considered a cost of acquiring those assets, not a deductible expense.

This includes a broad range of fees:

Brokerage fees (e.g., Coinbase, Binance)
Transaction fees (gas fees on Ethereum, network fees on other blockchains)
Withdrawal fees
Staking fees (though rewards may be taxable)
Custodial fees
Management fees (for actively managed crypto funds)
Advisory fees
Software & Data Subscription fees used for crypto trading (CoinMarketCap Pro, TradingView Premium)

Important Note: While these fees aren’t deductible directly, they are factored into your cost basis. Your cost basis represents your total investment in an asset, including all associated fees. Accurately calculating your cost basis is crucial for determining your capital gains or losses when you eventually sell your assets. Failing to track these fees meticulously can lead to significant tax liabilities down the line.

Tax implications vary across jurisdictions. Always consult with a qualified tax professional familiar with cryptocurrency taxation in your specific location. Regulations are constantly evolving in the crypto space, and professional advice is essential to ensure compliance.

How to reduce crypto.com fees?

Crypto.com’s fee structure is volume-tiered, meaning fees decrease as your 30-day spot trading volume increases. This is a common model in centralized exchanges aiming to incentivize high trading activity. The system rewards active traders with significantly reduced fees, potentially leading to substantial savings over time.

Key Considerations:

Volume Calculation: The 30-day rolling average includes all spot trades, not just profitable ones. Losses still contribute to volume calculations.
Fee Tiers: Crypto.com doesn’t publicly display precise fee tiers, often keeping them dynamic. It’s best to monitor your fees within the platform to see the impact of increased trading volume.
Other Fee Types: Remember that this only applies to *spot* trading fees. Fees for other services like futures, margin trading, and withdrawals will have separate fee structures, potentially with different discount mechanisms.
Alternative Strategies: While high volume trading reduces fees, consider the overall trading strategy. Over-trading, driven solely by fee reduction, can lead to increased losses due to poor market timing or emotional trading. Optimal strategy involves a balance between trading frequency and risk management.
CRO Staking: Staking CRO, Crypto.com’s native token, may provide additional fee discounts on top of the volume-based reductions. Check the platform’s current staking rewards and associated tiers to optimize cost efficiency.

In short: Increased trading volume directly correlates to lower fees on Crypto.com’s spot market, though a balanced approach to trading is crucial to avoiding losses driven by excessive activity.

How do I get zero trading fees on Coinbase?

Unlock zero trading fees on Coinbase with Coinbase One, a premium membership designed for serious crypto investors. For a monthly subscription fee, you gain access to a suite of benefits far exceeding the elimination of trading fees.

Beyond Zero Fees: Coinbase One isn’t just about saving on trades. It’s about maximizing your crypto potential. Consider these key advantages:

Boosted Staking Rewards: Earn significantly higher returns on your staked assets compared to standard Coinbase accounts. This alone can offset the membership cost many times over.
Enhanced Customer Support: Experience prioritized, expedited support for faster resolution of any issues. This invaluable service is particularly beneficial during market volatility.
Increased Withdrawal Limits: Enjoy higher limits on cryptocurrency withdrawals, providing greater flexibility and control over your assets. This is critical for larger transactions and portfolio management.

Strategic Considerations: While the zero trading fees are attractive, carefully evaluate your trading volume to determine if Coinbase One’s overall value proposition aligns with your investment strategy. Assess the boosted staking rewards and enhanced support features to gauge the true return on investment.

Is Coinbase One Right For You? If you’re a regular trader, a significant staker, or simply value premium customer support and higher withdrawal limits, Coinbase One offers substantial value beyond its headline feature. The monthly fee can quickly become inconsequential given the potential savings and benefits.

How do I pay less fees on crypto?

Reducing crypto trading fees is crucial for maximizing your returns. It’s not just about saving pennies; it’s about compounding those savings over time. Here’s the lowdown:

1. Strategic Exchange Selection: Don’t blindly stick with one platform. Research and compare fee structures across multiple exchanges. Look beyond the headline rates; consider maker/taker fees, withdrawal fees, and any hidden charges. Exchanges like Binance, Coinbase Pro, Kraken, and FTX (though currently facing regulatory challenges) often offer competitive options, but always do your due diligence.

2. Volume-Based Discounts: Many exchanges offer tiered fee structures. The more you trade, the lower your fees become. This is a powerful incentive to develop a well-researched trading strategy, not just to increase trading frequency.

3. Leverage Exchange Tokens: Platforms often have their own native tokens (e.g., BNB for Binance, CRO for Crypto.com). Using these tokens for fee payments usually results in significant discounts, sometimes up to 50% or more. Factor the token’s price volatility into your calculations though.

4. Order Type Optimization: Limit orders (setting a specific price you’re willing to buy or sell at) generally incur lower fees than market orders (buying or selling at the current market price). Limit orders require more patience but can save you a significant amount in the long run.

5. Continuous Monitoring: Fee structures change frequently. Make a habit of regularly reviewing the fee schedules on your preferred exchanges and be prepared to switch if a better option emerges. Consider using tools or websites that track and compare exchange fees automatically.

6. Beyond Exchanges: Consider the fees associated with on-chain transactions. Batch transactions to reduce gas fees on Ethereum and other networks. Explore Layer-2 solutions like Polygon or Arbitrum for cheaper and faster transactions.

7. Advanced Strategies (for experienced traders): Explore algorithmic trading bots that can automatically execute trades at optimal times to minimize fees. However, this requires substantial technical expertise and carries significant risk.

Where can I trade crypto with lowest fees?

Finding the absolute lowest crypto trading fees requires a nuanced approach beyond just comparing maker/taker rates. While exchanges like Bybit (0.20% maker, discounts to 0.0150%/0.0050%), Gate.io (0.09% maker, discounts to 0%/0.02%), HTX (0.20% maker, discounts to 0.0097%/0.0193%), and Bitfinex (0.20% maker, discounts up to 25%) advertise competitive fees, the actual cost depends heavily on several factors.

Consider these crucial elements:

Trading Volume: Tiered fee structures are standard. High-volume traders significantly reduce fees, often reaching negligible levels on some platforms. The advertised rates are usually for low-volume traders.
Withdrawal Fees: Don’t overlook withdrawal fees, which can eat into profits, especially for frequent withdrawals or smaller trades. These fees vary significantly by exchange and cryptocurrency.
Hidden Fees: Some exchanges may have hidden fees or complex fee structures that are not immediately apparent. Thoroughly review their fee schedule before committing.
Payment Methods: Depositing funds can incur fees depending on the method used (e.g., credit card, bank transfer). Factor this into your overall cost analysis.
Exchange Stability and Security: While lower fees are tempting, prioritize security and reliability. A compromised exchange or one experiencing downtime can cost you far more than slightly higher fees.

In short: Direct fee comparison is only part of the picture. Prioritize a platform with low, transparent fees, robust security, and a fee structure that scales favorably with your trading volume. The “lowest fee” exchange for you will depend entirely on your individual trading style and volume.

How can I trade without fees?

Trading without fees is achievable, but it’s not about avoiding commissions. It’s about generating profit for someone else. Think of it this way: financial institutions and proprietary trading firms (prop firms) employ traders to manage their capital. You don’t pay trading fees; instead, you receive a salary or a share of profits. This is effectively “free” trading because the risk is borne by the firm.

However, this path demands significant expertise and competitive skills. The competition for these positions is fierce, requiring a proven track record of profitable trading, in-depth market knowledge, and robust risk management capabilities.

Here’s what you need to consider:

Rigorous Evaluation: Prop firms have stringent evaluation processes, often involving demo accounts and challenging trading simulations.
Performance-Based Compensation: Your earnings directly correlate with your trading performance. Consistent losses can lead to termination.
Strict Rules & Regulations: These firms have rules regarding trading strategies, position sizing, and risk limits, which you must adhere to strictly.
High-Pressure Environment: The pressure to consistently perform can be intense.

In short: Trading for a prop firm eliminates commission fees, but substitutes them with the need for exceptional trading skills and the pressure of performance-based compensation. It’s a high-stakes game with potentially high rewards, but the entry barrier is very high.

Which crypto trading app has the lowest fees?

Finding the absolute lowest fee crypto exchange is tricky, as fees can vary based on volume, trading pair, and whether you’re a maker or taker. However, these consistently rank among the cheapest options in 2025:

Binance: Boasts incredibly low maker/taker fees of 0.10%/0.10%, making it a favorite for high-volume traders. Their massive selection of over 500 cryptocurrencies is another huge draw. Be aware of their KYC/AML requirements and regional restrictions, though. They sometimes offer reduced fees through their VIP programs or BNB staking.
Kraken Pro: A more established player with slightly higher fees (0.16%/0.26%), but still competitive. They offer a robust platform with advanced charting tools and a good selection of 230+ cryptocurrencies. They’re known for their security and regulatory compliance.
Coinbase One: A unique approach – a subscription model. For a monthly fee, you get fee-free trading up to $10,000. This is ideal for smaller traders who don’t want to constantly monitor fees. They offer a user-friendly interface and a decent selection of 260+ assets. However, beyond the $10k limit, fees apply.
Gemini ActiveTrader: Gemini, known for its regulated environment, offers ActiveTrader, a professional trading platform with fees of 0.20%/0.40%. While slightly higher than Binance or Kraken Pro, they provide a very secure and regulated platform with around 80 cryptocurrencies.

Important Considerations:

These fees are subject to change. Always check the exchange’s website for the most up-to-date information.
Maker vs. Taker fees: Maker fees are typically lower and apply when you add liquidity to the order book. Taker fees are charged when you take liquidity from the order book.
Withdrawal fees can significantly impact your overall cost. Factor these in when comparing exchanges.
Security and regulatory compliance are crucial factors. Don’t prioritize low fees over the security of your funds and the exchange’s trustworthiness. Research each platform thoroughly before depositing funds.

How to minimize trading costs?

Minimizing trading costs in cryptocurrency requires a multifaceted approach beyond simply selecting a low-fee broker. Several strategies contribute to significant savings over time.

Broker Selection and Fee Structure:

Low-Fee Brokers: Prioritize brokers with transparent and competitive fee schedules. Examine maker/taker fees, withdrawal fees, and any hidden charges. Consider the volume discounts offered by some exchanges, as high-volume traders can significantly reduce their per-trade costs.
Fee Comparison Tools: Leverage independent resources that compare cryptocurrency exchange fees. These tools can provide objective data to inform your decision.
Exchange-Specific Considerations: Different exchanges specialize in different cryptocurrencies. Choosing an exchange with low fees for your preferred asset can save substantially.

Trade Optimization:

Batch Trading: Execute multiple trades simultaneously to minimize individual transaction fees. This is particularly effective when dealing with smaller trades.
Order Book Analysis: Understanding order book dynamics can help you identify optimal entry and exit points to improve trade efficiency. Minimizing slippage (the difference between the expected price and the actual execution price) directly impacts profitability.
Position Sizing: Appropriate position sizing is critical. Over-leveraging increases risk and potentially magnifies trading costs through liquidation fees and potential losses.

Advanced Strategies:

Liquidity Provision: Participating in liquidity pools can generate passive income while also potentially offsetting trading fees. However, it involves risk exposure to impermanent loss.
DEX vs. CEX: Decentralized exchanges (DEXs) often have lower fees than centralized exchanges (CEXs) but may involve higher gas fees and potentially slower transaction times. Evaluate the trade-off based on your trading style and needs.
Layer-2 Solutions: Using Layer-2 scaling solutions on blockchains like Ethereum (e.g., Polygon, Optimism) can significantly reduce transaction fees.

Return Maximization:

While not directly reducing fees, maximizing returns per trade reduces the relative impact of trading costs. Thorough research, risk management, and disciplined trading strategies are paramount.

How to avoid trading fees on Coinbase?

Coinbase Pro offers significantly lower fees than the standard Coinbase platform, typically ranging from 0.1% to 0.5% depending on your 30-day trading volume. This reduction stems from its maker-taker fee structure, rewarding users who add liquidity to the order book (makers) with lower fees than those who remove liquidity (takers).

Key Differences & Considerations:

Interface: Coinbase Pro features a more complex, professional-grade interface designed for experienced traders familiar with order types like limit, stop-limit, and market orders. The standard Coinbase platform is more user-friendly but comes with higher fees.
Order Types: The wider array of order types on Coinbase Pro allows for more sophisticated trading strategies, potentially leading to better returns but requiring a deeper understanding of market mechanics.
Trading Volume Discounts: Coinbase Pro’s fee structure is tiered; higher trading volume within a 30-day period results in progressively lower fees. This incentivizes active trading but requires substantial capital.
Security: Both platforms employ robust security measures, but understanding the differences in authentication and withdrawal processes is crucial. Familiarize yourself with 2FA and other security best practices on either platform.
Regulatory Compliance: Note that both Coinbase and Coinbase Pro are subject to the same regulatory requirements. Your tax obligations are not affected by your choice of platform.

Alternatives to Minimize Fees: While Coinbase Pro drastically reduces fees, exploring other centralized exchanges (CEXs) or decentralized exchanges (DEXs) might offer even lower fees or fee-free transactions, albeit often with trade-offs in terms of usability, liquidity, or security.

Always research thoroughly before transferring significant assets to any exchange.

What crypto trading platform has no fees?

While MEXC advertises zero maker fees, it’s crucial to understand the nuances. Their “zero-fee” claim primarily applies to maker fees on spot trading. This means if you place a limit order that adds liquidity to the order book, you won’t pay a trading fee. However, taker fees, charged when you execute a trade by filling an existing order, are not zero and can significantly impact profitability, especially for high-volume traders.

Hidden fees can also exist. These might include deposit and withdrawal fees, which MEXC may charge depending on the cryptocurrency and network used. Furthermore, the absence of trading fees might be offset by other factors such as a less competitive trading environment or potentially tighter spreads (the difference between the bid and ask price).

Therefore, a thorough assessment is needed. Consider the following:

Taker fees: Determine the actual taker fee structure on MEXC, as this will likely be your most frequent cost.
Spread comparison: Compare MEXC’s spreads to other exchanges. A wider spread can negate the benefit of zero maker fees.
Volume discounts: Investigate if MEXC offers volume discounts that could offset taker fees for larger trades.
Withdrawal fees: Check the withdrawal fees for your preferred cryptocurrencies.
Security and regulation: Always prioritize a reputable and secure exchange, even if it means paying minimal fees.

In short, while zero maker fees are attractive, a holistic cost analysis, encompassing all fees and trading conditions, is necessary before concluding that MEXC truly offers “no fees” crypto trading.

What is the best zero fee crypto trading?

Finding truly zero-fee crypto trading is tricky, as most exchanges have hidden fees or minimum withdrawal amounts. However, some platforms advertise incredibly low fees, effectively making them “zero-fee” for many users. Let’s look at a few top contenders:

Bitstamp: While not technically zero-fee (0.30% maker/0.40% taker), their fees are very competitive. The real value is their rock-solid reputation and robust security features, including cold storage. This minimizes the risk of loss, which is far more significant than small trading fees for many investors.
Phemex: Similar to Bitstamp in fees (0.30% maker/0.40% taker), Phemex stands out for its zero withdrawal fees and inclusion of trading bots. Trading bots can be a significant advantage for automated strategies and passive income, potentially offsetting the minimal trading fees.
Strike: This one’s a game-changer. Advertised as completely zero fees on Bitcoin transactions and withdrawals. However, always check the fine print; limitations might apply regarding specific cryptocurrencies or transaction volumes.
River: Another zero-fee contender, River focuses on low spreads (0.15%) in addition to zero trading and withdrawal fees. Low spreads are crucial for maximizing profits, particularly on high-frequency trading. But, remember to always compare the total cost including spreads across different exchanges before committing to any one platform.

Important Considerations: }

Always verify fee structures. “Zero-fee” often refers to specific transactions or cryptocurrencies and can exclude other charges. Read the terms and conditions meticulously.
Security is paramount. Prioritize exchanges with a strong reputation for security and regulatory compliance over minimal fees. The cost of a security breach far outweighs any savings on trading fees.
Consider transaction speed and liquidity. Some zero-fee exchanges may have slower transaction speeds or lower liquidity for certain cryptocurrencies compared to larger, fee-charging platforms. This can affect your ability to execute trades quickly and efficiently.
Diversify your exchange usage. Don’t put all your eggs in one basket. Using multiple platforms can help mitigate risk and provide access to a broader range of cryptocurrencies and trading opportunities.

How to reduce trade charges?

Minimizing trading fees in crypto is crucial for maximizing profits. Here’s how:

Choose a Low-Fee Exchange: Centralized exchanges (CEXs) vary wildly in their fee structures. Look for exchanges known for low trading fees and maker/taker fees. Some offer tiered fee structures based on trading volume, rewarding high-frequency traders. Consider the fees associated with deposits and withdrawals as well; these can eat into profits, especially with smaller trades.

Utilize Decentralized Exchanges (DEXs): DEXs often have lower fees than CEXs, as they operate without intermediaries. However, DEX fees can fluctuate based on network congestion and gas prices (for Ethereum-based DEXs). Learn how to optimize gas usage to minimize these costs.

Take Advantage of Fee Discounts: Many exchanges offer discounts for using their native tokens for trading fee payments. This can significantly reduce your overall costs. Some exchanges also provide discounts for holding specific amounts of their cryptocurrency.

Batch Your Trades: Consolidating multiple trades into a single transaction can sometimes reduce the overall fees, as opposed to executing each trade individually.

Explore Different Payment Methods: Some exchanges offer lower fees for specific payment methods; compare their options to find the most economical one for you.

Understand Fee Structures: Always carefully review the fee schedule of any exchange before using it. Pay close attention to maker/taker fees, withdrawal fees, and any other hidden charges. Don’t just focus on the headline “low fees”; look at the whole picture.

Maker Fees: Paid when you add liquidity to an order book.
Taker Fees: Paid when you take liquidity from the order book.

What crypto trading platform has the lowest fees?

Choosing a crypto exchange with low fees is crucial, especially when starting. Fees can significantly eat into your profits. Here are eight exchanges known for relatively low fees, but remember fees can change!

Important Note: “Maker” and “Taker” fees refer to how you’re participating in the market. Makers add liquidity (place orders that aren’t immediately filled), generally getting lower fees. Takers remove liquidity (orders that instantly match existing orders), usually paying higher fees.

Kraken Pro: Offers competitive maker/taker fees (0.16%/0.26%) and supports over 230 cryptocurrencies. Known for its advanced trading features, but might be overwhelming for beginners.
Coinbase One: A subscription-based model. Offers $0 fees for trades up to $10,000 per month. Beyond that, fees apply. User-friendly interface, good for beginners but less cost-effective for large trading volumes.
Gemini ActiveTrader: Features a more professional trading interface with maker/taker fees of 0.20%/0.40%. Supports around 80 cryptocurrencies. Suitable for intermediate traders.
Bitstamp: A long-standing exchange with maker/taker fees at 0.30%/0.40%. Supports approximately 80 cryptocurrencies. Considered reliable, but fees are higher compared to others.

Things to Consider Beyond Fees:

Security: Prioritize exchanges with robust security measures to protect your funds.
Customer Support: Check the quality of customer support, as you may need help navigating the platform.
Available Cryptocurrencies: Make sure the exchange lists the cryptocurrencies you intend to trade.
Trading Volume: Higher trading volume usually means tighter spreads (the difference between the buy and sell price), potentially saving you money.
Withdrawal Fees: Pay attention to withdrawal fees, as these can add up, especially for frequent withdrawals.

Disclaimer: This information is for educational purposes only and is not financial advice. Always research thoroughly before investing in cryptocurrencies.

How much is crypto trading taxed?

Crypto tax rates depend on your profit and how long you held the asset. Think of it like this: it’s a percentage of your gains, not your total crypto holdings.

Short-term gains (held for one year or less) are taxed as ordinary income, meaning the rate can be anywhere from 10% to a whopping 37%, depending on your overall income bracket. Ouch!

Long-term gains (held for more than one year) are generally more favorable, with rates ranging from 0% to 20%. This is a significant difference!

Important Note: This is a simplified explanation. Different jurisdictions have different rules. Wash sales, staking rewards, and airdrops all have tax implications that can get complicated. Always consult a qualified tax professional who understands cryptocurrency to ensure accurate reporting and minimize your tax liability. Ignoring crypto taxes is a serious mistake!

Here’s a quick rundown of things to keep in mind:

Record-keeping is crucial. Track every transaction meticulously.
Understand different types of crypto transactions. Trading, staking, lending, and gifting all have unique tax consequences.
Explore tax loss harvesting. Strategically selling losing assets can offset capital gains.

How to trade crypto for free?

There’s no such thing as truly “free” crypto trading. All exchanges have costs baked in, even if they advertise zero fees. These costs are often hidden in spreads (the difference between the bid and ask price), withdrawal fees, or other less transparent charges. Exchanges claiming zero fees usually achieve this by other means, such as making money through other services or attracting volume.

Exchanges often cited for low or “zero” fees include MEXC, Binance, Lykke, Phemex, and Deribit. However, a crucial caveat applies.

MEXC: While they advertise zero fees for spot and futures, thoroughly examine their fee structure for specific trading pairs and volume tiers. Hidden costs, like maker/taker fees based on trading volume or discounts tied to specific token holdings, can significantly impact profitability.
Binance: Known for its large selection and high volume, Binance offers tiered fee structures; high trading volumes often qualify for substantially reduced fees, but reaching those tiers requires significant capital. Withdrawal fees will always apply.
Lykke, Phemex, and Deribit: These platforms each have their own fee structures and specialties (e.g., derivatives for Deribit). Carefully compare their fee schedules for your preferred trading strategy and assets.

Instead of focusing solely on “zero fees,” prioritize these factors:

Security: A robust security infrastructure is paramount. Research the exchange’s track record and security measures.
Liquidity: High liquidity ensures you can buy or sell quickly without significantly impacting the price. Check order book depth.
Trading Fees (the whole picture): Understand the complete fee structure, including maker/taker fees, withdrawal fees, and any other hidden costs.
Customer Support: Reliable customer support is essential in case of issues.
Regulation: Consider the regulatory environment of the exchange. Compliance and licensing can indicate greater security and trustworthiness.

Ultimately, minimizing trading costs involves smart trading strategies and high trading volumes, not just relying on a “zero-fee” marketing ploy.