Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs.
Swap Free Account
Step into the financial markets with a broker offering swap free trading accounts.
Avoid overnight swap fees on your open trades and potentially lower your trading costs.
CFD-retail client accounts generally lose money
What is a swap free account?
A swap free account is a type of forex trading account that does not charge or pay overnight fees, otherwise known as swaps, interest or rollover fees. In traditional forex trading, when a position is held overnight, a swap fee is either credited or debited to the trader's account, depending on the interest rate differential between the two currencies being traded.
Swaps are essentially interest payments that traders pay or earn on open positions being rolled over to the next trading day.
Benefits of trading with a swap free account
Cost savings
Fees can quickly add up over time, especially for longer term trading strategies.
Enhanced flexibility
Rollover trading positions without the concern of swap fees eroding potential profits.
Trading simplicity
Get a clear assessment of trading expenses without the complication of swap fees.
The primary benefit of trading on a swap free account is the ability to avoid overnight fees or swap charges. These fees can accumulate quickly, especially for traders who engage in swing trading strategies or hold positions for extended periods of time. With a swap free account, you can effectively eliminate these costs and potentially save a significant amount of money.
Swap free trading accounts can also provide greater flexibility for traders who prefer to rollover positions to the next trading day. With traditional trading accounts, the accumulation of swap fees can erode potential profits or even lead to losses if positions are held for too long. By eliminating these fees, a swap free trading account allows you to focus on your trading strategies without the added pressure of overnight charges eroding your overall profits.
Without needing to factor in swap fees, trading becomes a simpler and more straightforward process. You will have a clearer understanding of your trading costs and potential profits whenever you choose to hold positions overnight.
While a swap free account can be advantageous for traders with certain beliefs, trading strategies and styles, it may not be suitable for all traders. Traders who engage in high-frequency or scalping strategies, where positions are typically held for short periods, may not find significant benefits from a swap free account.
Symbols available for swap free trading
Symbol
Bid
Ask
Spread
Swap Long
Swap Short
*The prices on this page are indicative. Prices for instruments with lower liquidity such as but not limited to currency pairs and metals are not refreshed as often as commonly traded instruments. Please check inside your MT4 platform for latest live prices.
How to open a swap free trading account
It only takes a few minutes, this is how it works
STEP 1
Register and verify
Fill out a simple form to create your profile and complete the verification process. Once you are verified and approved, you will be able to create your trading account.
STEP 2
Fund and download the trading platform
Deposit instantly with your debit or credit card. Download the trading platform to your computer or smartphone.
STEP 3
Log in and start trading
Pick an instrument and direction, decide how much to invest and place your trade.
Convenient funding methods are available
Including free deposits and withdrawals
Trade with an EU regulated broker
- TIO Markets CY Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with License No. 429/23.
- Your funds are held in a segregated account (from our own capital) and are not used for our operational purposes.
- Your money is also covered by the Investor Compensation Fund (ICF) which guarantees your deposited funds up to €20,000 in the event of a business failure.
Are you ready to get started?
Step into the financial markets with an EU regulated swap-free forex broker.
Trade currencies and precious metals with low fees, fast order execution speeds and no swaps.
CFD-retail client accounts generally lose money
