OctaFX goes swap-free: here’s how it will affect traders

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Media Outreach
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OctaFX decided to remove swaps—fees traders pay for leaving their orders open overnight. Here’s how it will affect the broker’s clients.

KUALA LUMPUR, MALAYSIA – Media OutReach – 21 June 2022 – The global broker OctaFX recently announced that it went swap-free in all countries where it operates. Now traders don’t have to pay this type of fee if they leave their orders open overnight. But why did they pay it in the first place? Let’s explore swap fees and why brokers charge them.

OctaFX is a global broker providing online trading services worldwide since 2011. It offers everything one needs to reach their investment goals, providing top-notch conditions utilised already by 7.5 million clients globally.

The company is involved in a comprehensive network of charity and humanitarian initiatives, including improvement of educational infrastructure, short-notice relief projects, and supporting local communities and small to medium enterprises.

On a side note, OctaFX has also won more than 45 awards since its foundation, including the 2021 ‘Best Forex Broker Asia’ award from Global Banking & Finance Review and the 2021 ‘Best ECN Broker’ award by World Finance.

#OctaFX

The issuer is solely responsible for the content of this announcement.