XS applies swap-free trading automatically to every live account type, excluding demo accounts, with no application needed (official swap-free page, checked 26 September 2026). There is no added fee and no wider spread, and each eligible instrument has its own grace period: 10 days on EUR/USD and GBP/USD, 2 days on USD/JPY and similar pairs, 5 days on gold, 1 day on indices, and 2 days on crypto.
This article maps, from what the official pages confirm, how swap-free works, the eligible accounts and instruments, the grace period table, what happens after the grace period ends and the Wednesday/Friday 3-day rollover, trades treated as swap abuse, and the trading style it suits.
In short: XS applies swap-free automatically to all live accounts, with grace periods that vary by instrument
- Swap-free is applied automatically to every live account type, excluding demo (no application needed, official swap-free page)
- No added fee, no wider spread
- Grace periods vary by instrument: 10 days on EUR/USD and GBP/USD, 2 days on USD/JPY and similar pairs, 5 days on gold, 1 day on indices, 2 days on crypto
- After the grace period, the normal swap fee applies. A 3-day rollover may apply on Wednesdays and Fridays
- Trades treated as swap abuse (such as hedging) may lead to profits being cancelled or swap fees being charged retroactively
The official page states that "XS reserves the right to change the grace period at any time." Check the trading platform and current terms for the grace period and eligible instruments actually applied. Trading FX and CFDs carries the risk of losing part or all of your funds, and swap-free does not reduce the risk of loss from trading itself.
How XS's swap-free trading works: no swap during the grace period
In ordinary FX trading, carrying a position overnight generates a swap (rollover fee) based on the interest rate difference between two currencies. XS's swap-free trading means that, for eligible instruments, this swap does not apply during a set grace period (official swap-free page, checked 26 September 2026).
It works on both MT4 and MT5. Because it is "applied automatically to every live account type, excluding demo accounts," no application process is needed.
Eligible accounts and instruments
Swap-free is applied automatically to every live account type, excluding demo accounts. Eligible instruments are FX majors (such as EUR/USD and GBP/USD), gold, silver, crude oil, indices and crypto pairs (official swap-free page, checked 26 September 2026).
Grace period table (swap exemption period)
| Eligible instrument | Grace period (swap exemption period) |
|---|---|
| EUR/USD, GBP/USD | 10 days |
| USD/JPY and similar pairs | 2 days |
| Gold (XAUUSD) | 5 days |
| Silver (XAGUSD) | 2 days |
| Crude oil (UKOIL, USOIL) | 2 days |
| Indices | 1 day |
| Crypto | 2 days |
※ Grace periods differ by instrument. The official page states that "XS reserves the right to change the grace period at any time," so check the trading platform and terms for the actual number of days.
What happens after the grace period, and the Wednesday/Friday 3-day rollover
Once the grace period ends, the normal swap fee applies to the eligible instrument. A 3-day rollover may also apply on Wednesdays and Fridays (official swap-free page, checked 26 September 2026). This is a common forex mechanism that consolidates the interest-rate adjustment for positions carried over the weekend into specific days.
Swap-free avoids the swap cost during the grace period, but the normal swap fee applies once you hold a position beyond it. Check whether you can close your position within the grace period, based on how long you plan to hold it.
Trades treated as swap abuse
XS's official swap-free page (checked 26 September 2026) states that if a trade is identified as swap abuse (such as hedging), XS may cancel profits or charge swap fees retroactively. The official page does not detail the specific criteria, so this article does not cover them.
- Extreme hedging aimed at exploiting swap-free trading may be treated as abuse
- Understand that profits may be cancelled or swap fees charged retroactively
- Check the official terms and support for the detailed criteria
The trading style XS's swap-free accounts suit
Swap-free avoids the interest-rate cost during the grace period, but the normal swap applies afterwards, so it is not a permanent exemption. It suits swing trading planned to close within the grace period — 10 days on EUR/USD and GBP/USD, 5 days on gold, for example — but note that holding a position beyond the grace period brings the normal swap cost.
Swap-free relates to swap cost, not the risk of loss from market movement. Trading FX and CFDs carries the risk of losing part or all of your funds due to leverage and market movement.
Frequently asked questions
Q. What is XS's swap-free trading?
A. It is applied automatically to every live account type, excluding demo, and no swap applies to eligible instruments during a set grace period. No application is needed, and there is no added fee or wider spread (official swap-free page, checked 26 September 2026).
Q. Which XS accounts offer swap-free trading?
A. It is applied automatically to every live account type, excluding demo. It works on both MT4 and MT5.
Q. How long is XS's swap-free grace period?
A. It varies by instrument: 10 days on EUR/USD and GBP/USD, 2 days on USD/JPY and similar pairs, 5 days on gold, 1 day on indices, and 2 days on crypto (official swap-free page, checked 26 September 2026).
Q. How do swap-free accounts work at offshore FX brokers?
A. Normally, carrying a position generates a swap, but under swap-free, this swap does not apply to eligible instruments during the grace period. The normal swap fee applies once the grace period ends.
Q. Does XS offer an Islamic (swap-free) account?
A. XS's official pages do not list an account type named "Islamic account" (checked 26 September 2026). However, swap-free trading, which requires no application, is applied automatically to every live account excluding demo.
Q. What happens after the grace period ends?
A. The normal swap fee applies to the eligible instrument. A 3-day rollover may also apply on Wednesdays and Fridays.
Q. What happens if a trade is judged to be swap abuse?
A. The official page states that XS may cancel profits or charge swap fees retroactively for trades identified as abuse (such as hedging). Check the official terms and support for the detailed criteria.
Sources and conditions
FX Textbook is an independent information site, not a broker or provider of personal investment advice. Forex and CFDs involve risk. You may lose some or all of your invested capital. No trading result is guaranteed.
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