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Zenfinex Global Limited regulated by the Financial Services Authority (FSA) of Seychelles (SD092)

Swap-Free Accounts 

Trade without overnight fees on forex, indices, commodities, share CFDs and more.
Swap-free trading up to 30 days across any account type.

NO OVERNIGHT FEES
AVAILABLE ON ALL INSTRUMENTS
ALL ACCOUNT TYPES

1500+ Instruments Available

Forex
Indices
Commodities
Shares
Cryptocurrencies
ETFs

Discover the Taurex Account Features

Standard Zero Pro Zero Raw
Minimum Deposit Starts at $0
(with exceptions in select countries)		Starts at $25
in select countries$100		$500
Spreads (as low as) 1.41.0 0.0
CFD Instruments  1500+ (Forex, Indices, Commodities, Shares, Crypto, ETFs) 1500+ (Forex, Indices, Commodities, Shares, Crypto, ETFs) 1500+ (Forex, Indices, Commodities, Shares, Crypto, ETFs)
Commission FX 00Up to $3.0/side
Commission XAU00Up to $2.0/side
Leverage Up to 1:2000 Up to 1:2000 Up to 1:2000 
Margin Call / Stop Out 100% / 20% 100% / 20% 100% / 20% 
Scalping Allowed YesYesYes
EAs Allowed YesYesYes
Hedging Allowed YesYesYes
Swap-Free Period30 Days30 Days30 Days

FAQs about Swap-Free Accounts

What is a swap in trading?
A swap is an overnight fee that may be charged or credited when you hold a position open past the end of the trading day. It reflects the interest rate differential between two currencies in a forex pair, or other costs associated with the underlying instrument.
What is a swap-free account?
A swap-free account allows you to hold trading positions overnight without incurring swap fees or charges. Originally designed for traders who follow Islamic finance principles, swap-free accounts are especially useful for traders who follow specific financial principles or prefer cleaner overnight cost structures.
How can I open a swap-free account?
To open a swap-free account, please register for a Taurex trading account and contact the Taurex support team at support@tradetaurex.com to request the swap-free option.
What happens when the swap-free period ends?
If a position remains open beyond the swap-free period, a swap fee will be applied daily until the position is closed. This fee is outlined in our account rates spreadsheet and is not applied retroactively.
  • On MT4 platforms, the fee will appear as a Swap Charge.
  • On MT5 platforms, it will appear as a Balance Operation.
Please Note: For certain symbols excluded from the swap-free list, the swap fee may apply from the first day the position is opened. Once triggered, the fee is applicable to long, short, and hedged positions.
Where can I find Taurex’s swap rates?
To view the latest swap rates on the MetaTrader platforms:
  1. Select “View”
  2. Right-click on “Market Watch” and select “Symbols”
  3. Choose the currency pair you wish to check and select “Properties” (MT4) or “Specification” (MT5)
Please Note: Swap-free durations and swap rates posted on our platform are indicative and subject to change based on market volatility. Taurex reserves the right to adjust eligibility, fee schedules, and applicable durations without prior notice.
Does Taurex charge any admin fees?
Yes, Taurex applies admin fees based on your country of residence and the instrument. Please Note: Admin fees are subject to change. Taurex reserves the right to adjust eligibility, fee schedules, and applicable durations without prior notice.
What is the 3-day swap and how does it work?
In Forex and CFD trading, if a swap‑free period covers 3 calendar days, that counts as 3 swap‑free nights, not collapsed into a single count. There's also a 3-day swap charge typically applied on Wednesdays. This accounts for the settlement of trades over the weekend when markets are closed but positions remain open. For swap-free accounts, this means:
  • The 3-day charge consumes three days of your swap-free allocation.
  • If your swap-free period is 10 days and you hold a position over a Wednesday, 3 days will be deducted at once.
  • This applies regardless of whether the position is long, short, or hedged.
It's important to factor this in when planning to hold positions over midweek, especially if you're nearing the end of your swap-free period.

Disclaimer

Taurex is the trading name of Zenfinex Global Limited. Zenfinex Global Limited is part of a group of affiliated companies operating in multiple jurisdictions.

In the Seychelles, Taurex is the trading name of Taurex Global Limited, regulated by the Financial Services Authority in Seychelles (license number SD092). Its registered office address is F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, and its physical office address is Unit G, F28 Eden Plaza, Eden Island, Republic of Seychelles.

Zenfinex Global Limited is the issuer and seller of the financial products described or available on this website.

Risk Warning: Trading financial instruments, particularly those involving leverage, involves a substantial degree of risk and is not appropriate for all investors. The value of your investments can rise or fall sharply, and it is possible to lose the entirety of your invested capital. Leveraged products, in particular, amplify both potential gains and losses. Before engaging in such trading, you must assess your financial goals, experience level, and appetite for risk. It is your sole responsibility to ensure that you understand the mechanics and risks of trading, including margin requirements, and to seek independent financial advice where appropriate. Do not trade with funds you cannot afford to lose. Nothing in this site should be read or construed as constituting advice on the part of Taurex or any of its affiliates, directors, officers or employees.

You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any trading activity or engaging in copy trading. Nothing in this site should be read or construed as constituting advice on the part of Taurex or any of its affiliates, directors, officers or employees.

Clients must be at least 18 years old to use Taurex’s services.

Residence: The information on this site is not directed at residents of the United States, Canada, North Korea, Iran, Belgium, Japan or any particular country and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Taurex is the trading name of Zenfinex Global Limited, registered in the Republic of Seychelles.

Registered Office Address: F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, and its physical office address is Unit G, F28 Eden Plaza, Eden Island, Republic of Seychelles.

Regulated by the Financial Services Authority under license number: SD092

Registration No: 8428731-1

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