Following multiple requests, we have addressed your feedback and made the trading conditions on Swap Free accounts more transparent. We have eliminated all usage charges that may seem less obvious. Now the fee is collected only once a week for the use of leverage provided by the broker. The fee is calculated per volume according to the contract specifications for Swap Free instruments.
Swap Free is a special account for special strategies. First and foremost, it was designed for clients who can’t work with swaps due to their religious beliefs.
The fee is specified for 1 standard lot. The fee is charged every week over the Saturday-Sunday night.
The fee is calculated according to the following formula: trading volume*number of days the trade is in the market*daily fee.
If you have any questions, contact us in the LiveChat on our website, or submit a support ticket in your Private Office.