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What is a Swap-Free Account in Exness

If you’re exploring forex trading with Exness and keep hearing about “swap-free” or “Islamic” accounts, you’re probably wondering what they really mean.

In this guide, we’ll break down what a swap-free account in Exness is, who should use it, and how to open one — especially if you want to trade ethically and without overnight interest.

What is Swap in Forex Trading?

A swap (also known as an overnight fee) is a small interest charge applied when you keep a trade open overnight. It’s either:

  • A positive swap (you earn interest)

  • A negative swap (you pay interest)

Swaps vary depending on the currency pair and direction of your trade (long or short).

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Why Swap-Free Accounts Exist in Forex

In Islamic finance, earning or paying interest (riba) is forbidden. That’s why many forex brokers, including Exness, offer swap-free accounts designed to comply with Sharia law.

These accounts allow Muslim traders — and others who wish to avoid swaps — to hold positions overnight without paying or receiving interest.

What is a Swap-Free Account in Exness?

A swap-free account in Exness is a trading account where no interest is charged or paid on overnight positions. Instead of swaps, a fixed commission or fee may be charged depending on the instrument.

Exness offers swap-free options for:

  • Standard

  • Pro

  • Raw Spread

  • Zero accounts

Who Should Use a Swap-Free Account?

Swap-free accounts are perfect for:

  • Muslim traders who follow Sharia law

  • Long-term traders who hold positions for days or weeks

  • Swing traders seeking swap transparency

  • Anyone who wants a flat, non-interest-based fee structure

How to Open a Swap-Free Account in Exness

It’s easy to activate:

  1. Register or log in to your Exness Personal Area

  2. Open a new Standard, Pro, or Raw Spread account

  3. Select the “Swap-Free” option during setup

  4. Upload required documents (if requested)

  5. Start trading without overnight interest

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You can also request swap-free status by contacting Exness support after opening your account.

How Exness Charges Instead of Swaps

Instead of interest, Exness may apply a fixed, overnight fee on selected instruments. These fees:

  • Are transparent and shown before you trade

  • Do not vary based on interest rates

  • Are only applied on specific pairs and under certain conditions

This model ensures compliance with Islamic principles while keeping costs predictable.

Swap-Free Account Types in Exness

Account TypeSwap-Free Option Available?

Standard ✅ Yes

Standard Cent✅ Yes

Pro✅ Yes

Raw Spread✅ Yes

Zero✅ Yes

Not all instruments are swap-free. Major forex pairs usually are, but exotic or crypto assets may carry fees.

Advantages of Swap-Free Trading on Exness

  • No overnight interest – fully halal and transparent

  • Suitable for long-term strategies

  • Same tight spreads and fast execution

  • Easy to activate and maintain

This makes Exness one of the most inclusive and ethical brokers globally.

Limitations of Swap-Free Accounts

While swap-free accounts are useful, keep in mind:

  • Some instruments (like exotic pairs) may have extra flat fees

  • You cannot switch between swap and non-swap once trades are open

  • Not all regions automatically qualify — you may need to request approval

Always read the fee schedule before trading.

FAQs

1. Is a swap-free account halal?

Yes. It removes overnight interest, making it Sharia-compliant.

2. Can non-Muslims use swap-free accounts?

Yes. Exness offers swap-free options to all eligible clients.

3. Are there any hidden fees?

No. Fees are transparent and fixed. You can see them before placing a trade.

4. Which assets are swap-free?

Mostly forex majors and minors. Some assets like cryptocurrencies may not be fully swap-free.

5. Can I change to a swap-free account later?

Yes, you can contact support to change your existing account.

6. Do swap-free accounts affect trading performance?

No. Execution speed, spread, and features remain the same.

Conclusion

A swap-free account in Exness is the perfect solution for traders who want to follow ethical principles or hold trades overnight without worrying about interest. Whether you’re a practicing Muslim or a strategic swing trader, swap-free accounts give you more control and peace of mind.

👉 Click here to open your swap-free Exness account today and trade with confidence, clarity, and compliance.

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