Our swap-free accounts are designed specifically for clients who cannot receive swap credits or pay swap charges on overnight positions for religious or other reasons.

Instead of swaps, an administration fee is applied to positions, which is deducted from the account balance. This account type is designed to cater to clients who, due to their religious beliefs, are unable to engage in swaps or interest-related transactions.

The administration fee consists of the fee imposed by our liquidity providers, plus an internal processing fee. As the fee imposed by our liquidity providers is variable, the administration fees can also vary. This fee helps cover the costs associated with managing swap-free accounts, as liquidity providers charge us for keeping the client's positions open. This cost is then passed on to the clients in the form of the administration fee.

Swap-free accounts offer the same trading conditions and terms as our regular trading accounts, aside from the administration fee.