An Administration Fee may be charged on positions held overnight in a Swap-Free account. For eligible Swap-Free accounts, this fee is applied instead of the standard swap charge.
The Administration Fee is calculated based on the client's open positions held at the end of the day (EOD).
When would you be charged an Administration Fee?
An administration fee may apply when all of the following conditions are met:
You hold a position in a Swap-Free account.
The position remains open at 00:00 platform time in MetaTrader 4 (MT4) or MetaTrader 5 (MT5).
An administration fee applies to the instrument under your Swap-Free group.
Any applicable fee-free period has ended.
Fee-free periods vary by Swap-Free group and instrument. Zero administration fees are available only in eligible countries or regions.
When is the Administration Fee calculated and charged
The administration fee is calculated based on positions open at 00:00 and charged between 01:00 and 02:59.
The fee is charged separately from the position’s trading profit or loss.
All times refer to your trading platform’s time.
What should you check before holding a position overnight
Before holding a position overnight, check whether an administration fee applies to your Swap-Free group, instrument, and position direction (buy or sell), and whether any applicable fee-free period has ended.
Review the relevant Product Specification and Swap-Free account conditions to confirm the applicable fee.
Administration fee rates and conditions may change. Always refer to the latest VT Markets Product Specifications and Swap-Free account conditions.
Risk Warning
Trading Contracts for Difference ("CFDs") and other leveraged financial derivatives involve a high degree of risk and may not be suitable for all investors. Leverage can magnify both gains and losses, and you may lose all of your invested capital. You should ensure that you fully understand the risks involved before trading.
The information provided on this website is for general information purposes only and does not constitute investment advice, a recommendation or an offer or solicitation to buy or sell any financial instrument.