Forex and CFDs · Rookie
Swap-free account
Also searched as: swap free
What does Swap-free account mean?
A swap-free account does not apply the standard overnight swap charges to eligible positions under its terms. The provider may use different pricing or other conditions for this account type.
Example
A trader selects a swap-free challenge with a higher purchase price to avoid its usual overnight swap charges.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Swap-free does not mean cost-free or automatically establish religious compliance. Check the actual account agreement and other charges.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.