For strategy providers
The swap-free status of a strategy depends on the swap-free status of the strategy provider’s account. Exness users residing in Islamic countries automatically receive swap-free status, while a conditional swap-free status is available for users in non-Islamic countries. Swap is never applied to instruments traded on Exness accounts with swap-free status. Read more about swap-free statuses.
For investors
Social Standard and Social Pro accounts
For investments in strategies with Social Standard and Social Pro accounts, swap-free availability depends on the swap-free status of the strategy account. The swap from the strategy provider is copied to the investor using the copy coefficient. Here is how you can find accounts with swap-free features within the app:
- Log into your Social Trading app.
- Click the All strategies tab.
- Tap the Filter control to bring up its settings.
- Under Strategy provider’s country select an Islamic country to find strategies which are automatically swap-free.
Note: If you decide to invest in a non-swap-free strategy, swap will be added or deducted according to the common rules.
Pro accounts
For investments in strategies with Pro accounts, swaps are applied independently to the investor based on their individual swap status. The swap status of the strategy provider does not affect the investor's swaps. Swap-free statuses are automatically provided to Exness users residing in Islamic countries, while a conditional swap-free status exists for non-Islamic country residents.
If you would like to find a list of countries where swap is not charged, please refer to the linked article.