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