Swap-free account is intended for traders who use trading systems without adjustment to swaps or for the customers who are not allowed to receive swaps owing to their religious beliefs. It determines the second name of this accounts type: "Islamic accounts". If you enable the swap-free option, all other trading conditions of Standard or Eurica accounts remain the same.
When trading on the swap-free account with any currency pair, a trader does not gain or lose any amount regardless of the position volume. Even keeping the trade open for a long time, a trader can be sure that only the exchange rate will affect the trade outcome.
You can enable the swap-free option when opening a live trading account. If you want to enable it for existing trading account, contact our Customer Support Department.