Hi there, I recently opened a demo account with a platform called plus500, I then opened a position on Friday. Plus500 charges a calculated fee daily on every open position, it has been 3 days now that the position has been opened and my fee sits at 10% of my initial investment. Is this a normal fee or a platform specific one? How do other swing traders cope with keeping positions open if there is a fee against doing that?
Thanks for any assistance