Swap Free Account

New positions may benefit from a grace period of up to five grace days, during which no holding fees will be incurred.
Grace days are consumed when a position remains open through the applicable overnight rollover. An ordinary overnight rollover counts as one grace day. On the applicable triple-swap night, the overnight rollover counts as three grace days rather than one.
For Forex, Metals, Bonds and Commodities, Wednesday is the triple-swap night. A position held through the applicable Wednesday-night rollover therefore consumes three grace days.
For Energies and Indices, Friday is the triple-swap night. A position held through the applicable Friday-night rollover therefore consumes three grace days.
For XNGUSD, XTIUSD and XBRUSD, holding fees apply from Day 1 without a grace period.
For USDJPY and GBPJPY, holding fees apply from Day 3 following a two-day grace period.
Once the applicable grace period has expired, holding fees are charged in accordance with the holding-fee schedule shown on this page. Holding fees may be charged for calendar days, including weekends, with weekend holding fees applied on the next business day.
IC reserves the right to request additional documentation in order to offer swap-free privilege to an account.