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How to enable a Swap-Free or Enhanced Swap Free option?


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Trading is risky. Your capital is at risk.

Activating the Swap-Free option on your trading account is quick and easy. Follow these simple steps:

  1. Log in to your trading account.
  2. Go to Profile > General Settings.
  3. Under the Trading section, click on to Swaps.
  4. Choose your preferred swap setting.

This feature is especially useful for traders who follow Islamic finance principles or prefer interest-free trading. You can turn off this option at any time, provided the conditions outlined in the green note below are met.

If you don’t see the swap-free option, your account isn’t enabled for this feature by default. However, you can submit a request via our "Contact Us" Form. It will be reviewed and you will get a reply from our team within 24 hours.

  • Once activated, the swap-free, applies to all trading accounts under your profile.
  • You must not have any open positions if you wish to toggle the swap-free setting.
  • You can not update your swap preference more than once every 24 hours.

Enhanced Swap Free

If your tier Rewards status falls into the top 4 categories, you can have access to the Enhanced swap-free option. It offers better value swap-free dynamics for those in our top 4 reward tiers:

  • Gold
  • VIP
  • VIP-Expert
  • VIP-Master

With the Enhanced Swap-Free option, you can enjoy:

  • Access to a wider range of swap-free instruments.
  • More days with swap-free trading. Including up to 30 consecutive swap-free days for selected instruments.
  • Not sure what these terms mean? Check out our article that explains Swap-Free accounts and Swap-Free fees in simple terms.

You can find more information about the instruments in the Enhanced Swap Free offer here.

How do I qualify for Enhanced Swap Free?

You can access enhanced swap-free benefits when you reach our 4th tier (Gold status) or higher. You can upgrade your tier status by earning reward points through trading activity. When available, Boosts can help you progress through the tiers faster. For more details on tiers, you can check out our article.

Have more questions?

Call us at: +44 2045 771951

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Alpari, the trading name of Parlance Trading Ltd, Bonovo Road – Fomboni, Island of Mohéli – Comoros Union, is incorporated under registered number HY00423015 and licensed by the Mwali International Services Authority, Island of Mohéli as an International Brokerage and Clearing Company under number T2023236.

Risk Disclosure: Before trading, you should ensure that you've undergone sufficient preparation and fully understand the risks involved in margin trading.

Alpari does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Syria, Sudan and Cuba.

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