IUX offers swap-free accounts for all account types: Standard, Standard+, Pro, and Raw. When a customer registers a new account, they will not be charged swap fees. However, if customers frequently hold positions overnight, swap fees may be applied based on the terms and policies of liquidity providers. Customers from Islamic countries will not be charged swap fees for any account type. You can check the list of Islamic countries as follows:

Islamic countries

IUX provides Swap-Free accounts for residents of Islamic countries who observe Sharia law. Our automated system identifies clients residing in countries where Islam is the predominant religion and designates their accounts as swap-free. You can find the list of countries that are part of the Group of Islamic Countries for reference.

• Indonesia

Non-Islamic Countries

For our valued clients in non-Islamic countries, all new accounts created in these regions will be automatically set to swap-free status. To maintain an active swap-free status, you will mostly need to trade within the day, except for certain instruments that are subject to swap charges, as follows:

Currency: AUDCAD, CADCHF, CADJPY, CHFJPY, GBPAUD, GBPCAD, NZDCHF, USDHKD, USDJPY (USDJPY pairs are calculated only on Wednesdays)
All metals and oils (except XAUUSD)
Index: DXY

Swap charges are applied daily at 22:00 (GMT+0) during the winter or 21:00 (BST+1) during the summer, according to the client terminal time, except Saturdays and Sundays, where swap charges are not applied. At 22:00 (GMT+0) during the winter or 21:00 (BST+1) during the summer, Monday to Friday. (Depending on the underlying asset) The cost of the swap operation will be added/charged to the client account, and on Wednesdays, the triple cost of the swap operation will be added/charged to the client account.

Swap Status: Non-Free

An overnight fee applies. The non-free status is determined by your overnight trading activity. To upgrade to the swap-free status, you must be mostly intraday. For accounts in the non-swap status, the swap fee will be applied to all instruments except the equity group.

Notes:

• IUX employs an algorithm to analyze clients’ trading behavior, ensuring proper utilization of the swap-free program.
• You should be prepared for potential swap charges by holding positions overnight.

Swap Status: Free

No more overnight charges. Your Swap-Free status is determined by your trading activity. To maintain an active Swap-Free status, you need to trade mostly within the day.

Notes:

• IUX employs an algorithm to analyze clients’ trading behavior, ensuring proper utilization of the swap-free program.
• Please be aware that Swap-Free status is available only for specific instruments.

Clients can check more details about Swap Charges in the table below:

Date	Time	Swap-Free
Sunday	Server Time	Not applied
Monday	Server Time	Applied
Tuesday	Server Time	Applied
Wednesday	Server Time	Triple
Thursday	Server Time	Applied
Friday	Server Time	Applied
Saturday	Server Time	Not applied

You can read more details about Swap calculation by clicking the link. Or check on MetaTrader 5

Important: In the case that a customer who has applied for an Islamic account type finds a Swap charge, you can contact our support to receive assistance. The calculation of Swap fees is based on the liquidity provider’s terms and policies.

If you have any questions or encounter problems, please contact our agent via [email protected] or live chat 24/7.