What is a full swap-free account?
A full swap-free account allows you to trade without paying overnight swap fees on eligible instruments, giving you the flexibility to hold positions as long as needed without additional costs affecting your profits. With transparent conditions and no hidden fees, this account type is ideal for all traders, including those using long-term strategies or algorithmic trading.
How do I know if a full swap-free account is available to me?
During the account creation process in the StockTrader platform, you’ll be able to choose whether or not to enable the full swap-free account option. If this option is available to you, a checkbox labeled full swap-free account will appear — simply tick it if you’d like to use this feature. If the checkbox does not appear, the option is not available for your account type or region. Please note that full swap-free applies only to a specific set of instruments. If you have questions about availability, feel free to contact your broker’s support team.
Rules for provision of full swap-free
1. Service overview
Full swap-free is a service that eliminates the accrual of overnight swaps on a client’s trading accounts for certain instruments and regions where the functionality is applicable. By participating in the full swap-free program, the client agrees unconditionally to these rules.
2. Eligibility and activation
- Full swap-free is available only to clients who qualify under specific company criteria. This includes no history of abusing the program. Clients can check their eligibility status in the Benefits section of their Personal Account.
- The full swap-free option can only be applied to newly created trading accounts. It cannot be manually added to existing accounts.
- The list of eligible instruments is defined by the company and may be updated at any time.
- The program is intended solely for standard market trading strategies. Using it exclusively to benefit from the lack of swaps—such as through speculative strategies—may result in disqualification.
3. Disqualification
- The company reserves the right to revoke a client’s qualification and block the reactivation of the full swap-free status.
- Once disqualified, all of the client’s trading accounts will lose full swap-free status. Starting from the disqualification date, standard swap conditions will apply to all positions.
4. Notifications
All changes related to the activation, deactivation, or modification of the client’s full swap-free status are communicated via email to the registered address. Clients can always view their current status in the Benefits section of their Personal Account.
5. Changes to the program
The company reserves the right to change the terms, conditions, or duration of the full swap-free program. Clients will be notified of any such updates in advance.