PrimeXBT Swap-Free Trading Explained: Fees, Benefits and Key Features

For traders who cannot pay or receive interest on religious grounds, access to Swap-Free trading can be a key consideration when choosing where to trade. But meeting this requirement does not have to mean compromising on the wider trading experience. With Swap-Free and Extended Swap-Free now available on PXTrader 2.0, PrimeXBT combines an alternative approach to overnight financing with access to the platform's broader range of markets, trading conditions and tools.

What Swap-Free Solves

Holding a leveraged position overnight normally means paying or receiving a swap, an interest charged on that position. For traders who cannot pay or receive interest, this can make a standard trading account unsuitable. Swap-Free provides an alternative structure, making it possible to hold positions overnight without paying or receiving interest.

Beyond religious requirements, the way overnight costs are structured can also matter to swing and position traders who want greater predictability when planning the cost of holding positions for longer.

How It Works

PrimeXBT, a global multi-asset broker, offers two options on PXTrader 2.0: Swap-free and Extended Swap-Free. 

Swap-Free replaces the overnight swap with a fixed USD-per-lot fee. A normal swap can shift with market rates, often spikes on the day accounting for weekend settlement, and changes depending on whether the position is long or short. A flat per-lot charge does none of that: the cost is fixed and known before the position opens, making it easier to factor into trading strategies.

Extended Swap-Free removes the overnight fee altogether. Eligibility depends on meeting activity and holding-period thresholds, and is assessed on an ongoing basis. 

Swap-free option can be selected when opening a new PXTrader 2.0 account or enabled later through account settings on an existing one. The Swap-free status appears directly in the account, alongside progress toward Extended Swap-free where relevant. Current fees, eligibility rules, and covered instruments are listed under Fees & Conditions > Swap-Free Rules.

As an example, a trader holding a one-lot position for ten nights under a standard swap faces a cost that depends on daily interest-rate differentials and a triple charge on one specific night, so the total isn't known until the position closes. Under Swap-Free, the same ten nights cost a fixed per-lot fee multiplied by ten, calculable in full before the trade is even opened.

PXTrader 2.0 Overview

PXTrader 2.0 gives traders access to over 350 markets in a single account: Crypto Futures alongside CFDs on Forex, Commodities, Indices, Shares, and Crypto. Traders can also access GOLD 24/7, extending Gold trading beyond standard market hours. 

Trading costs are competitive across the platform. CFD spreads start from 0.2 pips, while Crypto Futures fees start from 0.01% maker and 0.045% taker. VIP tiers can reduce costs further as trading volume grows, with up to 70% off Crypto Futures taker fees and up to 25% off CFD and Forex spreads generally. Gold and Bitcoin carry an exclusive discount at VIP4 and VIP5 reaching close to 50%: at VIP5, Gold spreads drop from a standard $0.35 to $0.17, and BTC/USD can be as low as $19. The S&P 500 can start at 0.2 points, NASDAQ at 0.4 points, and EUR/USD near zero. The Rewards Center adds further value, including cashback of up to 10% on trading costs.

Charting is powered by TradingView, with over 100 indicators and advanced drawing tools for market analysis directly on the platform. Traders can adjust leverage up to 1:1000 and choose between cross and isolated margin, hedge and netting modes, depending on how they want to manage their positions and exposure. Negative balance protection provides an additional layer of risk management. Accounts are available in USD, USDT, USDC, BTC, or ETH, with more than 100 payment methods, including a range of local options.

With Swap-Free and Extended Swap-Free now available on PXTrader 2.0, PrimeXBT gives more traders the flexibility to trade according to their individual requirements and strategies. The addition strengthens an already comprehensive platform, giving traders greater choice in how they access and manage global markets. 

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About PrimeXBT

PrimeXBT is a global multi-asset broker and crypto asset service provider trusted by traders in more than 150 countries. The platform bridges traditional and digital markets within one integrated environment, redefining versatility and innovation in online trading. Clients can access Forex, CFDs on indices, commodities, shares, crypto, and Crypto Futures, as well as buy, store and exchange cryptocurrencies. This unified experience extends across both the native PXTrader 2.0 platform and MetaTrader 5, supported by advanced risk-management tools and a wide range of funding options in crypto, fiat and local payment methods. Since 2018, PrimeXBT has focused on empowering traders through broad multi-asset access, fair and transparent conditions, professional-grade technology and dedicated human support. By combining expertise, trust and a client-first approach, PrimeXBT sets a benchmark of excellence in the financial industry and provides traders with the tools they need to trade, grow and succeed with confidence.

Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.