With the increasing demand of Swap-Free trading, Doo Prime is proud to say that we are one of the first few brokerages able to fulfill the market needs. This revolutionary promotion has been one of our attractive selling points among other brokerages. The campaign was officially kickstarted on 26th March 2022 and continues serving our clients relentlessly till the present day.
Let’s dive into the results of the 2022 Swap-Free Campaign.
Results Speak For Themselves
At the start of 2022, Swap-Free trading had already become a popular product for many brokers, and the trend continued throughout the year. Clients in the second quarter of 2022 are the first batch of clients that had enjoyed the advantage of Swap-Free trading. They have salvaged USD 0.17 million in Q2 2022 and USD 0.83 million in Q3 2022.
In the fourth quarter of 2022, the savings number had grown to over USD 4.65 million, and it had increased exponentially to over USD 7.56 million in the first quarter of 2023.
A 560% of sudden spike in waived swap amount was noticed from Q3 2022 to Q4 2022, followed by approximately 162% growth in Q1 2023. This could be the result of this campaign’s popularity among traders. The numbers are a testament to the growing popularity of Swap-Free trading and its impact on clients. Hence, note the ginormous success of the Swap-Free and Swap Reduction campaign.
Elite Trader’s Choice
Throughout 2022 and the first quarter of 2023, the most popular products for swap-free trading were XAUUSD, EURUSD, and GBPUSD, which were 65%, 11.76% and 5.25% respectively. These products offered significant savings to clients who took advantage of the swap-free trading option.
XAUUSD, EURUSD, and GBPUSD are popular currency pairs in forex trading because they are among the most traded currency pairs in the world. Other than the known reasons for the popularity of these currency pairs, they are also known for having relatively low volatility, which can make them less risky to trade than other currency pairs that may experience more frequent and larger price swings. This makes them appealing to both experienced and novice traders who may prefer more stable market conditions.
Unlocking Multiple Benefits
The financial benefits of Swap-Free trading are clear, but it’s also important to consider the impact it has on clients’ trading experience. Swap-free trading allows clients to hold positions for longer periods, giving them more flexibility in their trading strategies.
Furthermore, Swap-Free trading can also have a positive impact on clients’ emotional wellbeing. By avoiding the added pressure of interest rate charges, clients can make trading decisions based on market conditions, rather than worrying about the cost of holding positions overnight.
Unwavering Commitment To Clients’ Success
In conclusion, Swap-Free trading has had a significant impact on Doo Prime clients and there will be more traders continue benefits from the Swap-Free and Swap Reduction Campaign.
The undeniable increasing demand for this type of trading is a testament to its popularity and the financial benefits it offers to clients.
As we move into 2023, Doo Prime expects the trend to continue, and we look forward to seeing how clients will continue to benefit from this innovative trading option.
Grasp this golden opportunity and trade with Doo Prime without paying exorbitant overnight interest rates. Contact Doo Prime’s 24/7 multilingual support team now to activate the Swap-Free option on multiple trading terminals including MetaTrader 4, MetaTrader 5, TradingView, Doo Prime InTrade, and more before the campaign is gone!
* Please note that Doo Prime reserves the right to determine the eligibility of participants in this event:
1. Please note that the Swap-Free and Swap Reduction deals are only applicable within the Campaign period.
2. The following information is acquired as of 14th April 2023.
For more campaign-related terms and conditions, clients may access our help center or contact your 1-on-1 dedicated account manager.
| About Doo Prime
Our Trading Products
Securities | Futures | Forex | Precious Metals | Commodities | Stock Indices
Doo Prime is an international pre-eminent online broker under Doo Group, which strives to provide professional investors with global CFD trading products in Securities, Futures, Forex, Precious Metals, Commodities, and Stock Indices. At present, Doo Prime is delivering the finest trading experience to more than 90,000 clients, with an average trading volume of more than USD 51.223 billion each month.
Doo Prime entities respectively holds the relevant financial regulatory licenses in Seychelles, Mauritius, and Vanuatu with operation centers in Dallas, Sydney, Singapore, Hong Kong, Dubai, Kuala Lumpur, and other regions.
With robust financial technology infrastructure, well-established partnerships, and an experienced technical team, Doo Prime boasts a safe and secure trading environment, competitive trading costs, as well as deposit and withdrawal methods that support 20+ different currencies. Doo Prime also incorporates 24/7 multilingual customer service and extremely fast trade execution via multiple industry-leading trading terminals such as MT4, MT5, TradingView, and Doo Prime InTrade, covering over 10,000 trading products.
Doo Prime’s vision and mission are to become a financial technology-focused broker, streamlining international global financial products investment.
For more information about Doo Prime, please contact us at:
Phone:
Europe : +44 11 3733 5199
Asia : +852 3704 4241
Asia – Singapore: +65 6011 1415
Asia – China : +86 400 8427 539
E-mail:
Technical Support: [email protected]
Account Manager: [email protected]
Forward-looking Statements
This article contains “forward-looking statements” and may be identified by the use of forward-looking terminology such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “hope”, “intend”, “may”, “might”, “plan”, “potential”, “predict”, “should”, or “will”, or other variations thereon or comparable terminology. However, the absence of such terminology does not mean that a statement is not forward-looking. In particular, statements about the expectations, beliefs, plans, objectives, assumptions, future events, or future performance of Doo Prime will be generally assumed as forward-looking statements.
Doo Prime has provided these forward-looking statements based on all current information available to Doo Prime and Doo Prime’s current expectations, assumptions, estimates, and projections. While Doo Prime believes these expectations, assumptions, estimations, and projections are reasonable, these forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond Doo Prime’s control. Such risks and uncertainties may cause results, performance, or achievements materially different from those expressed or implied by the forward-looking statements.
Doo Prime does not provide any representation or warranty on the reliability, accuracy, or completeness of such statements. Doo Prime is not obliged to provide or release any updates or revisions to any forward-looking statements.
Risk Disclosure
Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance. Investments in certain services should be made on margin or leverage, where relatively small movements in trading prices may have a disproportionately large impact on the client’s investment and client should therefore be prepared to suffer significant losses when using such trading facilities.
Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with Doo Prime’s trading platforms. You should seek independent professional advice if you do not understand any of the risks disclosed by us herein or any risk associated with the trade and investment of financial instruments. Please refer to Doo Prime’s Client Agreement and Risk Disclosure and Acknowledgement Notice to find out more.
Disclaimer
This information is addressed to the general public solely for information purposes and should not be taken as investment advice, recommendation, offer, or solicitation to buy or sell any financial instrument. The information displayed herein has been prepared without any reference or consideration to any particular recipient’s investment objectives or financial situation. Any references to the past performance of a financial instrument, index, or a packaged investment product shall not be taken as a reliable indicator of its future performance. Doo Prime and its holding company, affiliates, subsidiaries, associated companies, partners and their respective employees, make no representation or warranties to the information displayed and shall not be liable for any direct, indirect, special or consequential loss or damages incurred a result of any inaccuracies or incompleteness of the information provided, and any direct or indirect trading risks, profit, or loss arising from any individual’s or client’s investment.
