Veo Markets offers two types of swap-free structures:

• Extended Swap-Free (EXT) – available to non-Islamic countries
  
   
• Islamic Swap-Free – available to eligible Islamic clients
  
   

Both types are granted upon request and subject to approval.

1. Extended Swap-Free (EXT)

Extended Swap-Free is available to clients residing in non-Islamic countries.

It provides swap-free trading for selected instruments and under specific trading behavior conditions.

Swap-Free Instruments (EXT)

No swap is applied overnight for the following instruments:

• EURUSD
  
   
• GBPUSD
  
   
• NZDUSD
  
   
• XAUUSD
  
   
• XAGUSD
  
   
• USOUSD
  
   
• UKOUSD
  
   
• DJIUSD (DJI30)
  
   
• SPXUSD (SP500)
  
   
• NASUSD
  
   
• DAXEUR (D40EUR)
  
   
• BTCUSDT
  
   
• ETHUSDT
  
   

For all other instruments, standard swap charges apply.

The swap-free period and conditions are agreed between the Client and Veo Markets.

Maintaining Extended Swap-Free Status

Swap-free level is determined by trading activity.

To maintain Extended Swap-Free status, clients are expected to:

• Trade primarily intraday
  
   
• Keep overnight positions limited
  
   
• Avoid strategies designed to exploit swap conditions
  
   

Trading behavior is monitored via algorithmic review.

If trading activity changes significantly, the account may be reclassified.

2. Islamic Swap-Free Account

Islamic Swap-Free accounts are available to eligible clients residing in Islamic countries and adhering to Shariah financial principles.

Under Islamic Swap-Free:

• All instruments are swap-free
  
   
• No swap is applied
  
   
• No day limit applies
  
   

Approval is subject to documentation and internal review.

Swap-Free Status Review & Reclassification

Swap-free level may change based on trading activity.

• A client may qualify for Extended status based on behavior.
  
   
• A client may also be reclassified to a standard account with swap charges if activity does not meet program requirements.
  
   

Swap-Free Status Abuse

Veo Markets reserves the right to take action in cases of misuse or abuse of swap-free conditions.

In such cases, the company may:

• Remove swap-free status from all trading accounts
  
   
• Apply swap charges to open and future positions
  
   
• Retroactively apply swap fees based on applicable rates
  
   
• Reclassify the account to standard conditions
  
   

Swap-free status may be discontinued at any time at the company’s discretion.

Important Notice

Swap-free accounts are designed to accommodate specific financial and religious requirements. They must not be used for arbitrage or exploitation of swap-related pricing differences.

If you would like to request a Swap-Free account or need clarification regarding eligibility, please submit a request through the Veo Markets Support Center.