Vantage’s swap-free trading provides gold traders nearly US$1million in savings over a three-month period
In Brief
The popular product update will be extended to cryptocurrency CFD trades
Port Vila, Vanuatu, 8 Dec 2022: Vantage, (or “Vantage Markets”) says its swap-free gold XAUUSD trading has seen overwhelming response from clients. Within the first three months of its implementation, Vantage traders enjoyed nearly USD 1 million in savings* from overnight fees.
In response to client’s positive feedback, Vantage has decided to continue its swap-free trading beyond 2022 and extend the offering to cryptocurrencies to benefit more clients.
The swap-free product enhancement was originally designed to provide greater convenience for gold XAUUSD traders. Clients are not charged overnight fees when trading across all trading accounts, including on the Vantage App, regardless of trade size. Details of the swap-free trading can be found here. Clients can also calculate their own potential savings with the Vantage Swap Calculator.
Marc Despallieres, Chief Strategy and Trading Officer, says, “We have received much positive feedback from our clients, and are pleased to extend this offering for their benefit. Amid extreme market volatility, swap-free trading eliminates overnight fees as a cost consideration for our clients when they choose to pursue longer term trading strategies. It also affords them the flexibility to close their trades at a time of their choosing, for their hedging purposes, removing the necessity of closing their trades on a daily basis.”
“At Vantage, we are constantly looking to enhance our offerings to allow our clients to trade market opportunities on their own terms.”
*Based on figures provided by Vantage entities.
About Vantage
Vantage (or “Vantage Markets”) is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares, ETFs and Bonds. With more than 13 years of market experience. Vantage now has over 1,000 employees across more than 30 global offices.
Vantage is more than a broker. It provides a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that enables clients to take advantage of trading opportunities. Download the Vantage App on App Store or Google Play.
Be empowered to better capitalise on winning market opportunities when you trade smarter @vantage.
MEDIA CONTACT:
Gwyneth Yeo, Manager, Global Branding and Communications, Vantage
Gwyneth.Yeo@vantagemarkets.com
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Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet.
