financemagnates.com
Vietnam’s retail trading market saw a new development this month as Vantage Markets introduced swap-free trading, an upgraded Introducing Broker (IB) commission model, and round-the-clock customer support. The changes, launched on September 1, mark the brokerage’s latest effort to expand its presence in the country.
Swap-Free Trading for Long-Term Holding
According to the company, the swap-free option removes overnight fees on designated trades. Such charges are common across financial and crypto platforms and can reduce profits for clients holding positions for extended periods.
Vantage said the feature is aimed at traders who want to avoid these additional costs. The firm also rolled out a two-level IB structure, allowing participants to earn from both direct referrals and their extended network.
Vantage said the model has clearer rules, faster account setup, and more efficient backend management, all of which aim to improve partners' overall user experience.
Commenting about the new offering, Marc Despallieres, the CEO of Vantage Markets, said: “These upgrades in Vietnam show our commitment to not only providing advanced trading solutions but also creating a supportive ecosystem for our clients and partners.”
“By combining swap-free trading, a stronger IB program, and genuine 24/7 local support, we are empowering traders in Vietnam to trade with greater confidence and trust.”
24/7 Local Client Support
Alongside the trading and partner program changes, Vantage introduced continuous client support in Vietnam. Unlike many firms relying on chatbots, Vantage said it will offer real-person service at all hours, staffed by local teams. Brokerages operating in Vietnam have been adding new tools and services as competition in the sector intensifies.
Vantage, which has operated for more than 15 years, offers CFDs on forex, commodities, indices, shares, ETFs, and bonds. With the new features, the firm is positioning itself to appeal to both retail clients and partners in a fast-growing market.
Expect ongoing updates as this story evolves.