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Dear InstaSpot traders,
We would like to inform you that major changes have been introduced to the operation of accounts with a swap-free feature. From now on, positions on some trading instruments (currency pairs, stock indices, and futures) are entirely free from overnight swaps for only 7 days from the moment of opening such positions. If you keep a trade open for longer, you will be charged a daily fee that will be included in a balance statement and recorded separately as "CUSTODY FEE". The Custody Fee is being calculated based on standard trading conditions on this particular instrument.
Please adjust your trading strategies for the news! If you have any questions, you can always reach out to InstaSpot customer support.
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