After successfully launching a swap-free feature on gold trading, Vantage is extending the service in 2023 in not only gold but more diversified assets.
Currently, Vantage is implementing a swap-free product to provide greater convenience for XAUUSD gold traders.
Vantage clients will not be charged an overnight fee when trading on all trading accounts, including on the Vantage App, regardless of trade size.
What's more, if you trade gold swap-free from Vantage, you can save almost USD 1 million in overnight fees. Besides, clients can also enjoy low spreads starting from 1, high leverage of 500:1 with a minimum deposit of $500, and no deposit fees.
After seeing an overwhelming response in the first three months of its implementation, the brokerage firm has decided to continue swap-free trading beyond 2022 and expand the offering to other digital assets.
Marc Despallieres, Chief Strategy and Trading Officer, comments: "We have received a lot of positive feedback from our clients, and are happy to expand this offering to their advantage. In the midst of extreme market volatility, swap-free trading eliminates overnight fees as a cost consideration for our clients when they choose to pursue long-term trading strategies. It also gives them the flexibility to close their trades at a time of their choosing, for their hedging purposes, eliminating the need to close their trades every day."
Clients can calculate their own potential savings with the Vantage Swap Calculator.