Dear LBank users:
Users' trading fees in Leveraged ETF Board (Trading fees will be deducted from the assets received) will be calculated independently as follows:
Besides, we will charge management fee for each times leverage every day (usually the fee rate is 0.1%, it may be adjusted based on the market performance) to pay the funding rate, trading fee and other necessary charges generated by the fund portfolios. The manage fee will be manifested on the dynamics of net value. It is only charged at 00:00 (HongKong time). No fee will be charged if you do not hold Leveraged ETF product at the time point.
If you have problems, please contact LBank official email: firstname.lastname@example.org, and we will provide sincere, friendly and immediate service for you. We also welcome you to join LBank.info official English community to discuss the latest issue, (Telegram): https://t.me/LBankinfo.