The administration fee applies to swap-free accounts, which are designed for clients who, for religious or other reasons, cannot receive or pay swap/rollover charges on overnight positions.
Instead of swaps, an administration fee is applied when holding positions overnight. This fee includes:
- Charges from our liquidity providers required to maintain open positions
- An internal processing fee of approximately 10%
Because liquidity provider fees can vary, the administration fee may fluctuate. Essentially, this fee covers the cost of managing swap-free accounts while ensuring your positions can remain open overnight without swap credits or charges.
