A swap, also known as “rollover fee”, is charged when you keep a position open overnight. A swap is the interest rate differential between the two currencies of the pair you are trading. It is calculated according to whether your position is long or short.

Swap Free is an option to not have fees charged on certain instruments or accounts when a position is kept on certain duration.

We at Monaxa know what exactly our traders want, and what is good for them.

Check out our Swap Free Plan below on selected instruments exclusively for Standard and Pro accounts.