IUXTRADE offers swap-free accounts for all account types: Standard, Standard+, Pro, and Raw. When a customer registers a new account, they will not be charged swap fees. However, if customers frequently hold positions overnight, swap fees may be applied based on the terms and policies of liquidity providers.
Non-Islamic Countries
For our valued clients in non-Islamic countries, all new accounts created in these regions will be automatically set to swap-free status. To maintain an active swap-free status, you will mostly need to trade within the day, except for certain instruments that are subject to swap charges, as follows:
Currency: AUDCAD, CADCHF, CADJPY, CHFJPY, GBPAUD, GBPCAD, NZDCHF, USDHKD, USDJPY (USDJPY pairs are calculated only on Wednesdays)
All metals and oils (except XAUUSD)
Index: DXY
Swap charges are applied daily at 22:00 (GMT+0) during the winter or 21:00 (BST+1) during the summer, according to the client terminal time, except Saturday and Sunday, when swap charges are not applied. At 22:00 (GMT+0) during the winter or 21:00 (BST+1) during the summer, Monday to Friday. (Depending on the underlying asset) The cost of the swap operation will be added/charged to the client account, and on Wednesdays, the triple cost of the swap operation will be added/charged to the client account.
Swap Status: Non-Free
An overnight fee applies. The non-free status is determined by your overnight trading activity. To upgrade to the swap-free status, you must be mostly intraday. For accounts in the non-swap status, the swap fee will be applied to all instruments except the equity group.
Notes:
- IUXTRADE employs an algorithm to analyze clients’ trading behavior, ensuring proper utilization of the swap-free program.
- You should be prepared for potential swap charges by holding positions overnight.
Swap Status: Free
No more overnight charges. Your swap-free status is determined by your trading activity. To maintain an active swap-free status, you need to trade mostly within the day.
Notes:
- IUXTRADE employs an algorithm to analyze clients’ trading behavior, ensuring proper utilization of the swap-free program.
- Please be aware that swap-free status is available only for specific instruments.
Clients can check more details about swap charges in the table below:
| Date | Time | Swap-Free |
| Sunday | Server Time | Not applied |
| Monday | Server Time | Applied |
| Tuesday | Server Time | Applied |
| Wednesday | Server Time | Triple |
| Thursday | Server Time | Applied |
| Friday | Server Time | Applied |
| Saturday | Server Time | Not applied |
You can read more details about swap calculation by clicking the link. Or check on Metatrader 5.
Important: The calculation of swap fees is based on the liquidity provider’s terms and policies.
If you have any questions or encounter problems, please contact our agent via [email protected] or live chat 24/7.
