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Swap-Free Add-On

Add-on to disable swap charges

Updated over 2 weeks ago

Introduction

The Swap-Free Add-On removes overnight swap charges from your account. In place of variable swap rates, a fixed daily admin fee applies after a 3-day grace period per position. The add-on costs 10% of your challenge fee and must be selected at checkout.

Key details

Feature

Details

Cost

10% of challenge fee

Grace period

3 days per position

Charged on weekends

Yes every calendar day, including Saturday and Sunday

Available on

1-Stage and 2-Stage accounts

Available instruments

Currency pairs (FX), Indices, Oil, Precious metals

Unavailable instruments

Cryptocurrency

Admin fees

After the grace period ends, a fixed admin fee is charged for each day the position remains open, including weekends. The fee is deducted directly from your account balance.

Instrument type

Fee per lot, per day

Currency pairs (FX)

$10.00

Indices and Oil

$5.00

Precious metals

$25.00

Fees are proportional to position size. A 0.5 lot position is charged at half the standard rate.

ℹ️ Admin fees are set in USD. For accounts denominated in EUR or GBP, the fee is converted at the spot rate at the time of the charge.

ℹ️ Admin fees are subject to change at any time without notice. Current rates are always visible inside the platform.

How it works

Each night at 21:59 UTC (22:59 during US DST), one day is counted against the grace period, or the admin fee is charged. For each position:

  1. The first 3 days are free. This is the grace period.

  2. From day 4 onwards, the admin fee is charged for every subsequent day the position remains open.

  3. The admin fee is deducted directly from your account balance.

The grace period applies per position. If you close a position and reopen it, the new position starts with a fresh 3-day grace period. Unused grace period days from the previous position do not carry over.

Examples

Currency pairs (FX)

A 0.5 lot EUR/USD position costs $2.50 per day once the grace period ends. Holding over a weekend adds $5.00 (Saturday + Sunday).

Day

Charge

Comment

Monday

$0.00

Day 1 of 3 — grace period active

Tuesday

$0.00

Day 2 of 3 — grace period active

Wednesday

$0.00

Day 3 of 3 — grace period active

Thursday

$2.50

Grace period ended — admin fee applies

Friday

$2.50

Grace period ended — admin fee applies

Saturday

$2.50

Grace period ended — charged on weekends

Sunday

$2.50

Grace period ended — charged on weekends

Monday

$2.50

Grace period ended — admin fee applies

Precious metals (XAU/USD)

A 0.2 lot gold position costs $5.00 per day once the grace period ends. Holding over a weekend adds $10.00 (Saturday + Sunday).

Day

Charge

Comment

Monday

$0.00

Day 1 of 3 — grace period active

Tuesday

$0.00

Day 2 of 3 — grace period active

Wednesday

$0.00

Day 3 of 3 — grace period active

Thursday

$5.00

Grace period ended — admin fee applies

Friday

$5.00

Grace period ended — admin fee applies

Saturday

$5.00

Grace period ended — charged on weekends

Sunday

$5.00

Grace period ended — charged on weekends

Monday

$5.00

Grace period ended — admin fee applies

Restrictions

  • Not available on Instant accounts.

  • Must be selected at checkout. It cannot be added to an existing account after purchase.

  • Cryptocurrency trading pairs are not available on swap-free accounts.

  • The following FX pairs are not available: USD/TRY, EUR/TRY, USD/HUF, and EUR/HUF.

Frequently asked questions

Can I hold positions over the weekend?

Yes. There are no restrictions on holding positions over the weekend. The admin fee applies each day, including Saturday and Sunday, once the grace period has passed.

Do you increase trading commissions if I choose this add-on?

No. Trading commissions are not affected by the Swap-Free Add-On.

Do you reduce leverage if I choose this add-on?

No. Leverage remains unchanged.

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