Gold-i, a provider of MetaTrader tools and liquidity management solutions, has recently unveiled its Swap Free plug-in. The new addition to the company's product portfolio allows brokers to offer trading accounts that do not incur interest payments.

Swap Free Plug-in to Provide Brokers with Flexible Commission Models

The Swap Free plug-in functions by preventing MT4 and MT5 from generating a swap on open positions. Instead, brokers utilizing this feature have the flexibility to charge a commission, providing an alternative revenue stream.

The commission charge can be calculated through various methods, giving brokers control and adaptability in their fee structures. The plug-in is competitively priced and is available on a fixed-fee basis.

Tom Higgins, the CEO of Gold-i, emphasized the simplicity and accessibility of the Swap Free plug-in: "Our Swap Free plug-in is available as a standalone product and is accessible to all MetaTrader brokers, with no need for them to change their existing infrastructure. It is simple to use, and brokers can easily target who to apply the swap-free logic to by using common fields such as an account or group."

Gold-i, renowned for developing some of the reliable MT4 and MT5 plug-ins, has a track record with tools, such as IB Profit Share, Price Monitor, Margin Caller, Swap Loader, and Balance Monitor.

Gold-i helps MetaTrader brokers implement commission-based model with Swap Free plug-in -
“Our Swap Free plug-in is available as a standalone product and is accessible to all MetaTrader brokers, with no need for them to change their existing infrastructure. It is simple to u... pic.twitter.com/npRfLCJD6i

— The Industry Spread (@industryspread) January 11, 2024

Gold-i Expands Cyprus Presence through Partnership with DL Consulting

The UK-based financial technology firm Gold-i has strengthened its presence in Cyprus by partnering with DL Consulting, a Cypriot fintech services consultancy, as reported by Finance Magnates. The move is strategic, given Cyprus' significance as a base for numerous forex brokers and retail brokerage-related companies. DL Consulting will act as a representative of Gold-i's UK sales team in Cyprus, reporting to Gold-i's Chief Commercial Officer, Mark Alvarez-Buylla.

The collaboration aims to maximize client engagement in Cyprus, leveraging DL Consulting's strong network and understanding of broker requirements in the region. DL Consulting will provide local support to Gold-i's Cypriot clients. Emma Dalziel, the Director at DL Consulting, expressed excitement about representing Gold-i in Cyprus, citing the firm's industry leadership, impressive product portfolio, competitive pricing, and growth potential in Cyprus.