4 min readAt PrimeXBT, we focus on constantly improving our conditions, to ensure you have everything you need to make it in the markets. With reduced fees on all non-Crypto CFDs, you can now hold positions open for longer, without worrying about overnight fees or swaps eating into your potential profits.
What are overnight fees?
When you hold a position open overnight, you earn or pay interest on that position, also known as a swap fee. Whether you pay or earn the fee depends on the interest rate differential of the assets you’re trading.
Factors that can affect swap fees include central bank interest rates, exchange rates, and whether your position is long or short.
Benefit from overnight fees as low as 0.0017%
We’ve lowered our overnight fees to some of the most competitive levels on Forex, Commodities, and Indices. For the NZD/USD currency pair, for example, overnight financing for both long and short positions is now just 0.0025%. But it gets better. For Silver, one of the most popular Commodities, the swap fee is as low as 0.017%!
These reduced fees can really make a difference to your trading. Especially if you favour longer-term strategies where you often hold positions open overnight. Sometimes, overnight fees can even be the difference between making a profit or a loss.
For more information about our fees, click here.
Lower swaps, even lower trading fees
By adding lower overnight fees to our already low trading fees – which on Forex, Commodities, and Indices, are actually 0% – you can now truly trade more for less with your PrimeXBT account.
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