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As an experienced trader, I place great importance on understanding a broker’s fee structure, since transparency and predictability are crucial for long-term trading success. While evaluating CMF (China Merchants Futures), I noticed that the information available primarily focuses on their business areas, regulatory background, and platform features rather than giving explicit details about commissions or spreads. From my perspective, this is not unusual for brokers in China’s regulated futures market. Typically, with brokers like CMF—who operate under oversight from the China Financial Futures Exchange (CFFEX)—the fee structure often centers around an explicit commission per contract traded rather than variable spreads like those seen with many forex brokers. This means that, rather than factoring in hidden costs through wide or variable spreads, I would expect to pay a fixed or semi-fixed commission directly associated with each futures contract. In my own research and experience, transparent, regulated futures markets often post their commission schedules openly, which can depend on the contract type, volume, and whether you’re engaging in day trading or overnight positions. However, I did not find granular commission or spread figures in the materials provided, and I would be cautious about assuming exact amounts without direct confirmation from CMF. As always, I recommend reaching out directly to CMF’s support to get the latest specifics on commission rates and inquire whether there are any exchange fees or other administrative costs involved. For me, this level of due diligence is essential before committing significant capital, especially given the fast-moving nature of futures trading and the regulatory landscape in China. In summary, while CMF is a regulated broker and should offer a transparent commission-based fee structure for futures trading, the precise costs are best confirmed directly with the company or through their official resources before trading live. Careful verification of all fees is, in my view, a fundamental part of responsible trading and risk management.