Gold-i,
a provider of MetaTrader tools and liquidity management solutions, has recently
unveiled its Swap Free plug-in. The new addition to the company’s product
portfolio allows brokers to offer trading accounts that do not incur interest
payments.
The Swap Free plug-in functions by preventing
MT4 and MT5 from generating a swap on open positions. Instead, brokers
utilizing this feature have the flexibility to charge a commission, providing
an alternative revenue stream.
The
commission charge can be calculated through various methods, giving brokers
control and adaptability in their fee structures. The plug-in is competitively
priced and is available on a fixed-fee basis.
Tom
Higgins, CEO of Gold-i, emphasized the simplicity and accessibility of the Swap
Free plug-in, stating: “Our Swap Free plug-in is available as a standalone
product and is accessible to all MetaTrader brokers, with no need for them to
change their existing infrastructure. It is simple to use, and brokers can
easily target who to apply the swap-free logic to by using common fields such
as an account or group.”
Gold-i, renowned for
developing some of the reliable MT4 and MT5 plug-ins, has a track record with
tools such as IB Profit Share, Price Monitor, Margin Caller, Swap Loader, and
Balance Monitor.
Gold-i,
a provider of MetaTrader tools and liquidity management solutions, has recently
unveiled its Swap Free plug-in. The new addition to the company’s product
portfolio allows brokers to offer trading accounts that do not incur interest
payments.
The Swap Free plug-in functions by preventing
MT4 and MT5 from generating a swap on open positions. Instead, brokers
utilizing this feature have the flexibility to charge a commission, providing
an alternative revenue stream.
The
commission charge can be calculated through various methods, giving brokers
control and adaptability in their fee structures. The plug-in is competitively
priced and is available on a fixed-fee basis.
Tom
Higgins, CEO of Gold-i, emphasized the simplicity and accessibility of the Swap
Free plug-in, stating: “Our Swap Free plug-in is available as a standalone
product and is accessible to all MetaTrader brokers, with no need for them to
change their existing infrastructure. It is simple to use, and brokers can
easily target who to apply the swap-free logic to by using common fields such
as an account or group.”
Gold-i, renowned for
developing some of the reliable MT4 and MT5 plug-ins, has a track record with
tools such as IB Profit Share, Price Monitor, Margin Caller, Swap Loader, and
Balance Monitor.
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- Source: https://www.financemagnates.com//institutional-forex/gold-i-unveils-metatrader-plug-in-for-interest-free-accounts/
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