Fintokei has shared the third installment of its six-part “summer gamechanger” upgrade series, squarely at traders of stock indices and oil. Fintokei announced it will be removing commission fees for indices and oil markets, alongside introducing smaller contract sizes — a change that could significantly impact trading costs and flexibility.
Traditionally, traders have paid commission fees each time they open a position, with the cost scaling according to position size. For example, before this change, traders would pay $6 per lot on oil or index trades. While seemingly small, such fees add up over time, especially for those managing risk closely and executing multiple trades. Now, Fintokei traders can open positions in these markets without paying any commission, reducing a key expense and leaving spreads as the main cost to consider.
Fintokei Axes Commission on Oil and Indices in Latest Upgrade
The update doesn’t stop there. Fintokei has also reduced the nominal value of one lot for oil and indices, meaning traders now require less margin to enter positions. This opens the door for more flexible position sizing, allowing traders to diversify trades or scale into positions more effectively without over-leveraging their accounts.
According to Fintokei, the combination of zero commissions and smaller contracts should provide traders with more opportunities to meet the firm’s trading challenge targets. Lower trading costs and improved margin efficiency can create conditions for more strategic entries and exits, potentially improving performance for disciplined traders.
However, the firm has cautioned traders about an important operational change. The old symbols for stock indices and crude oil are being retired. They will remain visible on the platform until August 14, 2025, after which any remaining open positions on these old symbols will be closed automatically by Fintokei. Traders have to close any positions themselves before the deadline to maintain full control.
With this upgrade, Fintokei continues its summer rollout of trader-focused improvements, following earlier enhancements aimed at making trading more cost-efficient and accessible. The firm has three more upgrades planned in its series.
About the Firm
Fintokei is a proprietary trading firm that provides a secure environment for traders to sharpen their skills, develop healthy habits, and build discipline, all aimed at outperforming the market and establishing a verified track record. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to €400,000 and receive up to 95% profit splits.
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