We are happy to announce that we improved our formula for calculating financing charges. This leads to less fees for all traders holding positions overnight.
The old formula calculated the charge based on the total position size. Since the beginning of this week, we use the total position size minus the margin for calculating the fee. This means that unleveraged positions are completely freed from overnight charges.
We believe that reducing fees for traders, who hold unleveraged positions for a longer period of time, is an important step, since it encourages investing rather than speculating.