Margin trading products are complex instruments and come with a high risk of losing money rapidly due to leverage. 75-95% of retail investor accounts lose money when trading on margin with this provider. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money.

Swap-free account

Our Swap-free account is designed for traders who can’t receive or pay swaps. The trading account is interest-free while allowing traders to take advantage of our cutting-edge trading technology and deep liquidity.

Swap-free account features

Spread typeStandard account
Average EURUSD spread1.0 - 1.2 pips
Min/max trade size0.01 lots / 100 lots
Commission$0
Min. account opening balanceAUD$200 or equivalent
Account base currencies availableAUD, EUR, GBP, USD
Scalping allowedYes
EAs allowedYes
Hedging allowedYes

When a trade on this account has been held for 5 days, an admin charge (per 1 standard lot size) will be deducted from the account's balance.

For full information on this charge, please see the table of commission below.

Admin charge table

SymbolsAdmin Charge (USD)
FX, Precious Metals100

These new fees will apply from the effective date, June 19th 2023.

Pepperstone offers swap free accounts to the following countries:

Albania, Azerbaijan, Bangladesh, Burkina Faso, Bahrain, Brunei, Brunei Darussalam, Algeria, Egypt, Guinea, Indonesia, Jordan, Kyrgyzstan, Kuwait, Morocco, Mauritania, Maldives, Malaysia, Niger, Oman, Pakistan, Palestinian Territory, Qatar, Sierra Leona, Chad, Tajikistan, Turkmenistan, Tunisia, Turkey, Uzbekistan, and Kosovo.

Ready to trade?

It's quick and easy to get started. Apply in minutes with our simple application process.