Capital.com Cancels Overnight Fees for Stock and Cryptocurrency Non-Leveraged CFD Traders

Capital.com, a global retail FX and CFDs broker, has announced the removal of overnight funding for stock and cryptocurrency unleveraged CFD accounts as of July 8th.

Catering to trader trading preferences, Capital.com has adjusted its overnight fees, reflecting its commitment to helping traders reduce costs as they explore long-term investment strategies.

Capital.com has found that more retail traders gradually tend to long term trading, which is particularly evident in the stock and cryptocurrency markets. According to the data, 89% of non-leveraged overnight positions in Q2 2024 were in the stock and cryptocurrency markets. And the traders held them open for four to seven days on average, clearly longer than traders in other markets who often hold their positions for about 3 days.

Capital.com Chief Product Officer, Dana Massey said: “Our data shows that retail traders are moving beyond day-trading to experiment with different trading styles, including taking longer-term positions in popular stocks and cryptocurrencies. To support them in this journey, we have taken the decision to remove funding adjustments for non-leveraged CFD trades on shares and cryptocurrencies. This reflects our ongoing commitment to provide a trading environment that is cost-effective and responsive to our clients’ diverse trading needs”

“We want to give our traders the flexibility to keep their trades open for longer. With 0% overnight funding on popular markets like shares and cryptocurrencies, our traders have peace of mind to explore longer-term, investment style strategies without worrying about the additional cost burden,” added Massey.