What are the Swap Free Account groups and which countries are eligible?
Account group of the Swap Free (NS / NM / NJ) depends on the located Sales Office. The differences between the three are listed below:
Kindly be noted that China, Macao, and Hong Kong clients are not able to choose Swap Free account types.
NS Group
- No Swap Fee
- Admin Fee will be charged
- All countries not in NM or NJ group list
NM Group
- No admin fee & swap fee on Gold, Silver, Oil and Forex
- Forex exception products:
EURHUF
EURMXN
EURNOK
EURRUB
EURSGD
EURTRY
EURZAR
GBPNOK
GBPSGD
SGDJPY
USDBRL
USDCLP
USDCNH
USDCOP
USDHKD
USDHUF
USDIDR
USDINR
USDKRW
USDMXN
USDNOK
USDPLN
USDRUB
USDSEK
USDSGD
USDTHB
USDTRY
USDTWD
USDZAR
USDCZK
EURCZK
EURDKK
USDDKK
- Other products not mentioned and above Forex exceptions will still be charged with Admin Fee
- Automatically opened countries: Indonesia, Malaysia, Philippines, and Thailand
NJ Group
- No Admin Fee and Swap Fee will be charged for Forex (unlimited holding time)
- Forex exception products:
EURHUF
EURMXN
EURNOK
EURRUB
EURSGD
EURTRY
EURZAR
GBPNOK
GBPSGD
SGDJPY
USDBRL
USDCLP
USDCNH
USDCOP
USDHKD
USDHUF
USDIDR
USDINR
USDKRW
USDMXN
USDNOK
USDPLN
USDRUB
USDSEK
USDSGD
USDTHB
USDTRY
USDTWD
USDZAR
USDCZK
EURCZK
EURDKK
USDDKK
- Other products and above mentioned Forex exceptions: no admin fee charges for the first 7 days of holding a position
- Automatic opened countries: Bahrain, Chad, Comoros, Djibouti, Egypt, Eritrea, Ethiopia, India, Iran, Jordan, Kuwait, Lebanon, Libya, Mali, Mauritania, Niger, Oman, Palestine, Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tunisia, Turkey, United Arab Emirates, and Yemen
QF Group
- 7-day swap-free for cryptocurrencies, after which an admin fee will be charged.
- No admin fee & swap fee on Gold, Silver, Oil and Forex
- Forex exception products:
EURHUF
EURMXN
EURNOK
EURRUB
EURSGD
EURTRY
EURZAR
GBPNOK
GBPSGD
SGDJPY
USDBRL
USDCLP
USDCNH
USDCOP
USDHKD
USDHUF
USDIDR
USDINR
USDKRW
USDMXN
USDNOK
USDPLN
USDRUB
USDSEK
USDSGD
USDTHB
USDTRY
USDTWD
USDZAR
USDCZK
EURCZK
EURDKK
USDDKK
- Other products not mentioned and above Forex exceptions will still be charged with Admin Fee