Effective Date: Friday, 10 October 2025
We are updating the terms of swap-free accounts to introduce an administrative fee for positions held beyond a specified period.
New Admin Fee Structure #
From 10 October 2025, an administrative fee will apply to swap-free account positions held for five rollover periods or longer.
Key Details:
The first fee is applied on the 5th rollover period (weekends included).
The same fee recurs every 5 days until the position is closed.
Fees are charged per position and vary by symbol.
How It Works:
Example 1: Position held for 9 days
Days 1–4: No admin fee
Day 5 (5th rollover): First admin fee is applied
Days 6–9: No further fee (next fee would only apply on Day 10)
Example 2: Position held for 12 days
Days 1–4: No admin fee
Day 5 (5th rollover): First admin fee is applied
Days 6–9: No further fee
Day 10 (10th rollover): Second admin fee is applied
Days 11–12: No further fee (next fee would only apply on Day 15, and then every 5 days thereafter until the position is closed)
Admin Fee table #
| Symbols | Long | Short |
|---|---|---|
| CHINAA50 | 10 | 10 |
| ESTX50 | 20 | 20 |
| AUDSGD | 20 | 20 |
| AUDSGDp | 20 | 20 |
| ESP35 | 20 | 20 |
| AUDSGDi | 20 | 20 |
| Ger30 | 25 | 25 |
| EURSGD | 25 | 25 |
| EURSGDp | 25 | 25 |
| EURSGDi | 25 | 25 |
| NATGAS | 50 | 50 |
| USDSGD | 65 | 65 |
| USDSGDp | 65 | 65 |
| USDSGDi | 65 | 65 |
| USDJPYi | 60 | 60 |
| AUDJPYi | 30 | 30 |
| CADJPYi | 60 | 60 |
| CHFJPYi | 30 | 30 |
| EURJPYi | 60 | 60 |
| GBPJPYi | 30 | 30 |
| NZDJPYi | 55 | 55 |
| AUDNZDi | 30 | 30 |
| EURNZDi | 50 | 50 |
| GBPNZDi | 65 | 65 |
| EURUSDi | 20 | 20 |
| GBPUSDi | 55 | 55 |
| AUDUSDi | 30 | 30 |
| XAUUSDi | 50 | 50 |
| NZDUSDi | 65 | 65 |
| XAGUSDi | 20 | 20 |
| EURAUDp | 55 | 55 |
| GBPAUDp | 30 | 30 |
| USDCADp | 50 | 50 |
| AUDCADp | 65 | 65 |
| EURCADp | 20 | 20 |
| GBPCADp | 120 | 120 |
| NZDCADp | 75 | 75 |
| USDCHFp | 60 | 60 |
| AUDCHFp | 80 | 80 |
| CADCHFp | 170 | 170 |
| EURCHFp | 60 | 60 |
| GBPCHFp | 120 | 120 |
| NZDCHFp | 75 | 75 |
| XAUEURp | 60 | 60 |
| EURGBPp | 80 | 80 |
| USDJPYp | 170 | 170 |
| AUDJPYp | 60 | 60 |
| CADJPYp | 120 | 120 |
| CHFJPYp | 75 | 75 |
| EURJPYp | 60 | 60 |
| GBPJPYp | 80 | 80 |
| NZDJPYp | 170 | 170 |
| AUDNZDp | 60 | 60 |
| EURNZDp | 100 | 100 |
| GBPNZDp | 200 | 200 |
| EURUSDp | 200 | 200 |
| GBPUSDp | 75 | 75 |
| AUDUSDp | 75 | 75 |
| XAUUSDp | 75 | 75 |
| NZDUSDp | 110 | 110 |
| XAGUSDp | 150 | 150 |
| EURAUD | 65 | 65 |
| GBPAUD | 50 | 50 |
| USDCAD | 20 | 20 |
| AUDCAD | 65 | 65 |
| EURCAD | 140 | 140 |
| GBPCAD | 50 | 50 |
| NZDCAD | 150 | 150 |
| USDCHF | 65 | 65 |
| AUDCHF | 50 | 50 |
| CADCHF | 20 | 20 |
| EURCHF | 65 | 65 |
| GBPCHF | 140 | 140 |
| NZDCHF | 50 | 50 |
| XAGEUR | 150 | 150 |
| XAUEUR | 65 | 65 |
| EURGBP | 50 | 50 |
| USDHKD | 20 | 20 |
| USDJPY | 65 | 65 |
| AUDJPY | 140 | 140 |
| CADJPY | 50 | 50 |
| CHFJPY | 25 | 25 |
| EURJPY | 45 | 45 |
| GBPJPY | 45 | 45 |
| NZDJPY | 25 | 25 |
| AUDNZD | 45 | 45 |
| EURNZD | 45 | 45 |
| GBPNZD | 25 | 25 |
| EURUSD | 45 | 45 |
| GBPUSD | 45 | 45 |
| AUDUSD | 75 | 75 |
| XAUUSD | 20 | 20 |
| NZDUSD | 30 | 30 |
| XAGUSD | 370 | 370 |
| US30 | 30 | 30 |
| AUS200 | 180 | 180 |
| Esp35 | 75 | 75 |
| FRA40 | 20 | 20 |
| HK50 | 30 | 30 |
| JPN225 | 370 | 370 |
| NAS100 | 30 | 30 |
| UK100 | 180 | 180 |
| SPX500 | 75 | 75 |
| GER30 | 20 | 20 |
Note: Fees are prorated for partial lots. For example, 0.1 lot = 10% of the listed fee.
Important Clarifications #
What “Swap-Free” Means #
Swap-free accounts remove overnight interest charges (swaps). However, swap-free does not mean indefinitely fee-free.
To ensure fair conditions and meet regulatory requirements, positions held for extended periods will incur administrative fees as outlined.
Right to Review #
As set out in the Client Services Agreement, we reserve the right to remove swap-free status from accounts that misuse the facility or breach the intended use of swap-free trading.
Frequently Asked Questions #
Swap-free admin charges #
Will this apply to current open positions?
Yes. All positions open on or after 10 October 2025 will be subject to the new structure. Positions already open will transition to the new terms from this date forward.
Can I avoid the fee?
Yes. Close positions before the 5th rollover to avoid charges, or adjust your trading strategy to shorter holding periods.
Do weekends count toward rollovers?
Yes. Rollover periods include weekends, in line with standard market conventions.
