Notice of major changes in swap-free accounts
Dear InstaForex traders,
We would like to inform you that major changes have been introduced to the operation of accounts with a swap-free feature. From now on, positions on some trading instruments (currency pairs, stock indices, and futures) are entirely free from overnight swaps for only 7 days from the moment of opening such positions. If you keep a trade open for longer, you will be charged a daily fee that will be included in a balance statement and recorded separately as "CUSTODY FEE". The commission size matches a swap on this particular instrument for standard accounts.
Please adjust your trading strategies for the news! If you have any questions, you can always reach out to InstaForex customer support.