Activating the Swap-Free option on your trading account is quick and easy. Follow these simple steps:
- Log in to your trading account.
- Go to Profile > General Settings.
- Under the Trading section, click on to Swaps.
- Choose your preferred swap setting.
This feature is especially useful for traders who follow Islamic finance principles or prefer interest-free trading. You can turn off this option at any time, provided the conditions outlined in the green note below are met.
If you don’t see the swap-free option, your account isn’t enabled for this feature by default. However, you can submit a request via our "Contact Us" Form. It will be reviewed and you will get a reply from our team within 24 hours.
- Once activated, the swap-free, applies to all trading accounts under your profile.
- You must not have any open positions if you wish to toggle the swap-free setting.
- You can not update your swap preference more than once every 24 hours.
What is Enhanced Swap Free?
If your tier Rewards status falls into the top 4 categories, you can have access to the Enhanced swap-free option. It offers better value swap-free dynamics for those in our top 4 reward tiers:
- Gold
- VIP
- VIP-Expert
- VIP-Master
With the Enhanced Swap-Free option, you can enjoy:
- More days with swap-free trading. Including up to 7 consecutive swap-free days for FX Majors and Metals
You can find more information about the instruments that are swap free within the FXTM trading platform.
