Overview
A Swap-Free Account allows eligible clients to trade without standard overnight swap charges on qualifying positions.
Swap-Free status is granted at FNmarkets' sole discretion and is subject to ongoing compliance with the Fair Use Policy.
Swap-Free status is available for eligible Standard and Raw live trading accounts.
Eligibility Criteria
Available only to eligible clients residing in approved countries.
Clients can select the Swap-Free option when opening an eligible Standard or Raw live trading account. Swap-Free status is subject to FNmarkets' eligibility criteria, approval, and ongoing compliance with the Fair Use Policy.
Swap-Free status is not permanent or guaranteed and may be restricted or removed at FNmarkets' discretion.
Eligible Countries
Swap-Free Accounts are currently available to eligible clients from:
Algeria
Azerbaijan
Bahrain
Bosnia and Herzegovina
Brunei Darussalam
Chad
Côte d'Ivoire
Egypt
Jordan
Kazakhstan
Kuwait
Kyrgyzstan
Lebanon
Maldives
Morocco
Oman
Pakistan
Philippines
Qatar
Saudi Arabia
Senegal
Tajikistan
Turkey
Turkmenistan
United Arab Emirates (UAE)
Uzbekistan
Trading Conditions
Swap-Free status may apply to all or selected trading instruments, as determined by FNmarkets.
Eligible instruments, account types, and trading conditions may change at any time.
If Swap-Free status is removed, the account will revert to standard swap conditions, and applicable swap, administration, or holding fees may apply.
Fair Use Policy
Swap-Free Accounts are intended for genuine trading activity and must not be used to:
Avoid overnight financing costs.
Exploit swap differences.
Conduct carry trades or swap arbitrage.
Use multiple or linked accounts to bypass Swap-Free restrictions.
Engage in any abusive or manipulative trading practices.
FNmarkets monitors trading activity to ensure compliance with the Fair Use Policy.
Monitoring & Review
Trading activity may be monitored using automated systems and manual reviews.
Monitoring may include overnight holdings, rollover behaviour, trading patterns, and linked account activity.
A single overnight position does not automatically constitute misuse; however, repeated patterns may result in a review.
FNmarkets is not required to disclose its internal monitoring methodology.
Warning Notice & Grace Period
If potential misuse is identified, FNmarkets may issue a Warning Notice.
A Grace Period of up to 7 days may be provided to allow the client to correct their trading behaviour.
In cases of serious or repeated abuse, FNmarkets may take immediate action without issuing a Warning Notice or Grace Period.
Actions for Misuse
If misuse is identified, FNmarkets may:
Issue a Warning Notice.
Restrict or remove Swap-Free status.
Revert the account to standard swap conditions.
Apply applicable swap, administration, or holding fees.
Restrict trading conditions or place the account in close-only mode.
Close open positions where necessary.
Permanently remove Swap-Free eligibility.
Terminate the client relationship in accordance with the Client Agreement.
Recover previously uncharged swap, financing, administration, or holding fees where misuse is identified.
Recovery of Swap-Free Status
FNmarkets may review a client's eligibility after a period of compliant trading behaviour.
Restoring Swap-Free status is entirely at FNmarkets' discretion and is not guaranteed.
Important Notes
Swap-Free status is not a permanent account feature and may be changed or withdrawn at any time.
FNmarkets may update the eligibility criteria, approved countries, trading conditions, or Fair Use Policy without prior notice.
All decisions relating to the approval, restriction, removal, or restoration of Swap-Free status are made at FNmarkets' sole discretion and are final, subject to applicable laws and regulations.

