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:
EURNOK
EURSGD
EURTRY
EURTRY
USDTWD
USDTRY
GBPSGD
SGDJPY
USDBRL
USDCLP
USDCNH
USDCOP
EURHUF
USDHUF
USDIDR
USDINR
USDKRW
USDMXN
USDNOK
USDZAR
USDSEK
USDSGD
USDTHB
- 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
EURNOK
EURSGD
EURTRY
GBPSGD
SGDJPY
USDBRL
USDCLP
USDCNH
USDCOP
USDHUF
USDIDR
USDINR
USDKRW
USDMXN
USDNOK
USDPLN
USDSEK
USDSGD
USDTHB
USDTRY
USDTWN
USDZAR
EURDKK
USDDKK
EURCZK
USDCZ
- 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