Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.5% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, 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 10 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)
Cryptocurrencies except Bitcoin, OrangeJuice, OJ, Sugar, Cocoa, Coffee1
AUS200, HK50, UK100, US500, NAS100, EUSTX50, FRA40, SPA35, US2000, USDX, Cotton5
XTIUSD, GER30, XBRUSD, IT40, JPN225, CN50, Bitcoin10
US3030
FX and Precious Metals50

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 – even with a small deposit. Apply in minutes with our simple application process.