![]() Vantage International Group Limited trading under Vantage, is authorised and regulated by the Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491 and is registered at Artemis House, 67 Fort St, PO Box 2775, Grand Cayman KY1-1111.Įmail: Global Limited is authorised and regulated by the VFSC under Section 4 of the Financial Dealers Licensing Act (Reg. While the Authority has granted a securities or derivatives investment business licence to the Licensee, the Authority does not endorse or vouch for the merits of the products offered by the Licensee. The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Regional Restrictions: We do not offer our services to residents of certain jurisdictions such as Canada, China, Romania, Singapore, the United States and to jurisdictions on the FATF and EU/UN sanctions lists.ğor more information please refer to our FAQ page. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. ![]() Past performance is no indication of future performance and tax laws are subject to change. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. Risk Warning: Trading derivatives carries significant risks. Vantage is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. The detailed information can be accessed from MetaTrader 4 or MetaTrader 5 platform under the 'Specifications'. You should note that swap rates can be negative or positive, depending on the instrument traded and the prevailing interest rates at that time. ![]() Since the banks are closed on Saturday and Sunday, triple rollover interest is applied to positions held open at 5 pm New York time on Wednesday, as this time marks the beginning of the new 24-hour trading day (Thursday). In this example, the trade that occurred on Thursday rolled through the weekend. Thus, the triple charge is accounted as a settlement for the weekend swap which can not be charged during weekends due to the market being closed.įor example, a spot Forex contract that occurred on Monday settles on Wednesday, a trade that occurred on Tuesday settles on Thursday, a trade that occurred on Wednesday settles on Friday, however, a trade that occurred on Thursday settles on the following Monday. ![]() The reason for this is spot contracts have a two-day settlement period. If the client holds the position over Wednesday night (for FX currency pairs) and Friday night (for Indices), the triple swap rate will be charged for that position. ![]()
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