Swap is never applied on instruments traded on Exness swap-free accounts. Swap-free accounts are automatically provided to Exness users residing in Islamic countries, while a conditional swap-free program exists for non-Islamic country residents.
Click the tab below to learn more about these swap-free account topics:
- For non-Islamic countries
- For Islamic countries
For non-Islamic countries
Swap-free status applies to the entire Personal Area; in other words, all trading accounts and account types will have the swap-free status if your Exness account is swap-free.
Check if an instrument is swap-free on the contract specifications page.
Swap-free
Swap-free will have no swap applied for orders open overnight for these instrument groups:
- Majors: AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, USDTHB
- Minors: AUDNZD, EURCHF, GBPJPY, AUDCHF, AUDJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, GBPCHF, GBPNZD, NZDJPY, NZDCAD
- Commodities: XAUUSD, USOIL
- All cryptocurrencies: (includes BTCXAU, BTCXAG, BTCTHB, BTCAUD, BTCZAR, BTCCNH, BTCJPY)
- All indices
Swaps are charged for all other metals, energies, minor pairs, exotic pairs and stocks.
Qualification for swap-free
Swap-free qualification is determined by trading activity. By default, your account is swap-free. If you do not trade mostly during trading hours and hold a large amount of positions open overnight, you may be unqualified for swap-free.
Pay attention to notifications in your Personal Area (PA) for any imminent changes to your swap-free status. To confirm your swap-free status, log into your PA, click the Profile icon and select Trading Conditions.
Key information
Here are a few key points to keep in mind when using our swap-free program:
- Trading behavior is analyzed using an algorithm to ensure compliance on swap-free accounts as per the terms of the Client Agreement.
- To maintain swap-free status, it is recommended to trade mostly during the day and minimize overnight orders.
- A notification is sent to your PA when the swap-free status may be changed from qualified to unqualified.
Swap-free compliance
The company reserves the right to the following actions to ensure compliance with the swap-free program:
- Cancel the swap-free status on all trading accounts.
- Once swap-free status is discontinued, swap charges will be applicable for open orders and orders opened in the future.
A notification will be shown to the PA should swap-free status be canceled.
For Islamic countries
Exness accounts registered from Islamic countries are assigned swap-free status automatically. This swap-free status ensures that swap is never applied to orders open overnight. Swap-free status applies to the entire Exness account; in other words, all trading accounts and account types will have swap-free status if your Exness account is swap-free.
You can check your swap-free status in your Personal Area too. Click on Settings then Trading Conditions. Click on the arrow under the Swap-Free box to know more.
All trading instruments on these swap-free accounts are applied as zero, or no swap.
Swap-free status abuse
The company reserves the right to the following actions in the event of swap-free status abuse:
- Cancel the swap-free status on all trading accounts.
- Once swap-free status is discontinued, administration fees will be applicable for open orders and orders opened in the future.
A notification will be shown to the PA should swap-free status be canceled.
List of swap-free countries
| Algeria | Jordan | Pakistan |
| Azerbaijan | Kazakhstan | Qatar |
| Bahrain | Kuwait | Saudi Arabia |
| Bangladesh | Kyrgyzstan | Senegal |
| Brunei | Lebanon | Tajikistan |
| Chad | Libya | Tunisia |
| Comoros | Maldives | Turkiye |
| Côte d'Ivoire | Mauritania | Turkmenistan |
| Djibouti | Morocco | United Arab Emirates |
| Egypt | Niger | Uzbekistan |
| Indonesia | Oman |