The "Swap Promo Program" is a promotional program that reduces trading cost to increase profitability. However, a commitment to certain "Trading Activities" determines eligibility.
During the first 7 days of participating in the "Swap Promo Program", the account will be free of swap.
On the 8th day, the account's "Trading Activities" will be counted.
The trading activities in the past 7 days have reached at least 50% or higher. If it is lower than 50%, the account will not enjoy the swap promo in the next 7 days. Maximum swap promo period: 7 days. Positions held beyond 7 days will incur swap fee regardless of trading activity.
On the 15th day, the account's "Trading Activities" will be recounted.
"Trading Activities" will be recounted every 7-day cycle.
This "Swap Promo Program" is only applicable to 12 popular trading instruments: XAUUSD, XAGUSD, EURUSD, AUDUSD, GBPUSD, USDCAD, USDCHF, USDJPY, NZDUSD, EURJPY, GBPJPY, AUDJPY.
The account will be moved from the "Regular Swap" to the "Promo Swap" after participating in this program.
"Trading Activities" of the account will be recounted when you exit and rejoin.
Trading Activities
"Trading Activities" is a metric reflecting a client engagement rate in the market. It measures eligibility for specific benefits and incentives based on trading volume and frequency over a set period.
In our Swap Promo Program, client eligibility is determined by the "Trading Activities" within their participate account over a 7 calendar day period.
The "Trading Activities" is determined by using the following calculation:
Note:
1. Please note that stock trading volume is not included in the Trading Activities calculation.
2. Partially closed trading volume is not counted.
"Trading Activities" requirement in "Swap Promo Program":
The trading activities in the past 7 days have reached at least 50% or higher, continue with free swap.
If it is lower than 50%, the account will not enjoy the Swap Promo in the next 7 days.
Demonstration
Regular Swap and Promo Swap
The account will be moved from the "Regular Swap" to the "Promo Swap" after participating in this program.
When the account meets the "Trading Activities" requirements at least 50% or higher, the account will enjoy the swap free, otherwise, swap will be imposed according to the account designated Promo Swap.
Symbol
Swap long
Swap short
Swap long
Swap short
AUDJPY
1.36
-4.4
-0.14
-2.2
AUDUSD
0.06
-0.92
-0.01
-0.46
EURJPY
0.48
-1.94
-0.05
-0.97
EURUSD
-2.44
0.48
-1.22
-0.05
GBPJPY
1.25
-4.39
-0.13
-2.2
GBPUSD
-0.45
-0.39
-0.23
-0.2
NZDUSD
-1.91
0.37
-0.96
-0.04
USDCAD
0.54
-1.85
-0.05
-0.93
USDCHF
2.04
-5.86
-0.2
-2.93
USDJPY
1.04
-3.83
-0.1
-1.92
XAGUSD
-9.4
0.96
-4.7
-0.1
XAUUSD
-7.26
1.24
-3.63
-0.12
FAQs
What is swap?
A swap in forex refers to the interest that you either earn or pay for a trade that you keep open overnight.
The swap is the interest rate differential between the two currencies of the pair you are trading, and it is calculated according to whether your position is long or short, pip value, product type, transaction size, and swap type.
How do I participate in the Dupoin Futures Swap Promo Program?
Simply click participation and select a real trading account to activate the Dupoin Futures Swap Promo Program.
Which Dupoin Futures accounts are eligible for the Swap Promo Program?
The Swap Promo Program is eligible for Dupoin Futures Standard, Micro, and Zero accounts.
Can I stop participating in the Swap Promo Program?
Yes, you can stop participating in the Swap Promo Program at any time. Once you choose to stop the Swap Promo Program, your account will be moved from the Promo Swap Group to the Regular Swap Group. You will not be able to rejoin the program for 14 days.
Note: The Trading Activities of the account will be recounted when you quit and rejoin.
How do I check the “Trading Activities” of my Dupoin Futures account?
You can view your trading activities in the Rewards Center under Promotions Participated.
How can I review swap fees on my account?
You can check the swap fees in Account Management on the Dupoin Futures application or website.
Terms & Conditions
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Customers are refrained from misusing the Swap Promo Program to seek profit from price arbitrage, interest rate arbitrage or any other manipulative strategies that are detrimental to the company and/or to other brokers. In the event of suspicion of abuse and misuse of the Swap Promo Program, the company has the right unilaterally and without explanation or reason and without prior notice to the customers to:
a. Disqualify the customers and terminate his/her Swap Promo Program.
b. Charge back all the past swap fees that were not charged during the Swap Promo period.
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In the formula for calculating trading activity, the equation is:
Trading Activities = (7 days Open volume + 7 days Closed volume) / (7 days Opening volume + 7 days Closed volume + 7 days Overnight volume) x 100%
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Swap refunds will not be granted if the equity of your MT account falls below zero. Clients are responsible for maintaining sufficient account equity to qualify for any applicable swap refunds.
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The Company reserves the right, at its sole discretion, to reject any customer’s participation in the Swap Promo Program, and to amend, suspend, or terminate the program and/or these Terms and Conditions at any time upon prior notice to customers.
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The customers are solely responsible for checking the swap rates and the swap fee calculation according to their holding open position in their trading account. The swap rates reflected in the account are based on percentage. Please note that the swap amount is different from the swap percentage because of the different methods used in the calculation.
