Exness currently provides two types of swap-free trading accounts; those offered to Islamic regions and those offered to non-Islamic countries, though there are specific differences to consider when understanding these swap-free accounts for non-Islamic countries.

For more information on the accounts that are swap-free, read more here.

• Account types applicable for this feature
• Levels of swap-free accounts
  • Standard swap-free
  • Extended swap-free
• How to change one swap-free level to another
• Points to remember

Account types applicable for this feature

• Pro
• Raw Spread
• Zero
• Standard Cent
• Standard

Levels of swap-free accounts

There are 2 levels of swap-free status: Standard Swap-free and Extended Swap-free. We offer Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

Standard Swap-free

Under the Standard Swap-free program, clients will have no swap charged for holding positions open overnight for the following instruments:

• Cryptocurrencies
• Stocks

Note that swap will still be charged for all other instruments where applicable. Head to our Contract Specifications page to determine which instruments are swap charged.

Extended Swap-free

For clients under the Extended Swap-free program, swap-free instruments include instruments listed for Standard Swap-free along with additional symbols: AUDNZD, AUDUSD, EURCHF, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, AUDCHF, AUDJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, GBPCHF, GBPNZD, NZDJPY, NZDCAD, USOIL, UKOIL, XNGUSD, and XAUUSD.

Note that swap will be charged for all other instruments where applicable. Head to our Contract Specifications page to determine which instruments are swap charged.

How to change from one swap-free level to another

Your account swap status is determined by your trading activity.

If a trader with a Standard Swap-free trading account has had a trading activity that qualifies for Extended Swap-free, this will be done immediately and without opting from the client.

Likewise, if an Extended Swap-free trading account’s activity drops, the trader’s area swap-free status will change to Standard Swap-free without opting.

Check your Personal Area, under Settings, for the Swap-free level tab for more information about your swap-free status. Note that this tab will only be visible for Personal Areas registered in non-Islamic countries.

Points to remember

Here are a few key points to keep in mind when using our swap-free program:

1. The trading behavior of clients is analyzed using an algorithm to make sure the swap-free program is being used correctly.
2. To keep the extended swap-free status active, it is recommended to trade mostly within the day and have a low number of overnight positions.
3. Trading history is monitored for the following instruments only - AUDNZD, AUDUSD, EURCHF, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, USOIL, AUDCHF, AUDJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, GBPCHF, GBPNZD, NZDJPY, NZDCAD, XAUUSD, XNGUSD, and UKOIL.
4. On swap-free status being changed to Standard, a notification about the change will be visible in the client’s Personal Area.

For more information on swap, refer to the linked article.