16.09.2024
Mirjan Hipolito
Cryptocurrency and stock expert
16.09.2024

Capital.com cancels overnight funding adjustment for non-leveraged CFD trades

Capital.com cancels overnight funding adjustment for non-leveraged CFD trades Capital.com cancels overnight funding adjustment for non-leveraged CFD trades

Capital.com has announced a significant update to its trading terms, eliminating the overnight funding adjustment for Contract for Difference (CFD) trades that do not involve leverage. 

This change is expected to benefit traders who hold non-leveraged positions overnight, as it removes the interest costs typically applied to such positions.

Overnight funding adjustment is an interest rate applied if one holds a trading position open overnight. Overnight funding adjustment, previously based on factors such as central bank rates and market volatility, had been a cost burden for many long-term traders​.

By canceling this fee, Capital.com aims to attract a wider audience of retail traders seeking more cost-efficient trading options, particularly those looking to hold positions over extended periods. The move also aligns with the company’s strategy to provide competitive and transparent trading conditions across a wide range of markets, including forex, commodities, and stocks.

This policy shift comes as Capital.com seeks to differentiate itself in a highly competitive brokerage market. Offering more favorable terms for non-leveraged CFD traders could increase its appeal to both novice and seasoned investors alike.

Looking ahead, the removal of this fee may signal further innovations from Capital.com as it continues to refine its services. The change could also prompt competitors to revisit their fee structures in an effort to remain competitive in a rapidly evolving trading landscape.

Read also: Bitstamp reveals plans to launch a derivatives exchange in partnership with Ripple's XRPL

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.