Vantage, an international multi-asset broker, is pleased to announce it will allow swap-free gold XAUUSD trades for all clients.
From now until the end of July, gold XAUUSD trades will not be charged overnight fees.
This product feature enhancement is designed to provide greater convenience for gold XAUUSD traders pursuing both long- and short-term trading strategies, amid the current market volatility.
Swap-free gold trading is open to all XAUUSD traders, across all trading accounts, regardless of trade size until 31 July 2022. It is also open to clients trading on the Vantage App.
“Our clients are always at the heart of our business decisions, and this new product enhancement is designed to benefit gold traders seeking low-cost trading options,” says Marc Despallieres. the Chief Strategy & Trading Officer at Vantage.
Despallieres notes that swap-free trades are not a new feature, but are typically limited to holders of swap-free accounts. “As the greenback continues to strengthen on the back of the Russia-Ukraine conflict, we want to support traders who remain bullish on gold or seek short term trading opportunities amid the volatility.”
“Swap-free gold trading complements Vantage’s existing offering of low spread, high liquidity, and fast execution trading, and we are confident that our traders will be able to benefit from this latest update.”