Vantage to Expand Its Swap-Free Trading Offering After Robust Gold XAUUSD Data

Vantage, the multi-asset trading platform for retail and professional traders, has decided to continue its swap-free trading and extend the offering to other digital assets to meet customer needs.

Vantage said 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.

The swap-free product enhancement was 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.

Marc Despallieres, Chief Strategy and Trading Officer, said: "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."