November 2024 – Dupoin is excited to introduce its Swap-Free Program, a promotional initiative designed to help traders lower their trading costs and increase profitability. The program allows qualifying participants to trade without swap fees, based on their trading activity, and rewards active traders with reduced costs on selected instruments.
The Swap-Free Program is structured to provide a seven-day swap-free period for participating accounts, with eligibility determined by the account’s trading activities. After the initial seven days, a participant’s trading activity over the previous week will be evaluated to determine if they remain eligible for the swap-free benefit.
Key Details of the Swap-Free Program:
- First Seven Days: When an account joins the program, it will automatically enjoy swap-free trading for the first seven days.
- Trading Activity Evaluation: On the 8th day, Dupoin will assess the account’s trading activities over the previous seven days. To remain eligible for swap-free trading, the account must meet or exceed 25% of the required trading activity threshold. If the threshold is not met, the account will be subject to regular swap fees for the next seven-day period.
- Ongoing Evaluation: Trading activities will be re-evaluated every seven days. Accounts must continue to meet the 25% trading activity requirement to maintain swap-free eligibility for each subsequent cycle.
- Eligible Instruments: The program applies to 14 popular trading instruments, including XAUUSD, EURUSD, USOIL, GBPUSD, and others.
How Trading Activities Are Calculated:
The program uses “Trading Activities” as a key metric to assess client engagement. This metric considers the trading volume and frequency over a seven-day period, excluding trades in shares and cryptocurrencies and excluding partially closed trades.
To qualify for the swap-free status, accounts must have achieved at least 25% of the necessary Trading Activities in the previous seven-day period. If the required threshold is not met, regular swap fees will apply.
Regular Swap vs. Promo Swap:
Once enrolled in the Swap-Free Program, an account is moved from “Regular Swap” to “Promo Swap” status. If the account meets the Trading Activities requirement, it will continue to enjoy swap-free trading. If not, regular swap rates will be applied as per the Promo Swap structure.
Example of Swap Rates:
Note: Swap details are subject to change based on market conditions.
Program Participation:
Clients will be automatically moved to the “Promo Swap” status upon meeting the necessary criteria. If a participant exits and re-joins the program, their Trading Activities will be recalculated, and eligibility will be reassessed based on their most recent seven-day activity.
Dupoin’s Swap-Free Program offers active traders a chance to reduce their trading costs and increase profitability. By encouraging greater market engagement, Dupoin rewards eligible clients with significant savings, ensuring they can focus on their trading strategies without worrying about high swap fees.
