Admin fees on Deriv MT5 Swap-Free accounts

Starting 29 April 2024, a new administration fee will be introduced for positions held overnight for swap-free accounts on Deriv MT5. A grace period of five days is provided, during which no fees will be charged for holding positions overnight. Let’s break down the details and explore how to manage them.

How the fee is calculated

This fee is calculated based on the volume of your trades and varies depending on the instrument type.

The calculation formula is:

Admin fee = Fee in USD x Volume in lots

For example, if you hold 2 lots of BTC/USD overnight on your Swap-Free account, your admin fee on the first night after the grace period is over would be (USD 38 x 2 lots) = USD 76.

Example calculation

Here are the fees charged based on the instrument type:

Financial instruments

Derived indices

Check out the admin fees for additional instruments.

Key aspects of Deriv MT5 Swap-Free account’s admin fee

• 5-day grace period: Enjoy the first five days of holding a position overnight without fees.
• Daily charge: The fee is applied daily after the grace period until the closure of your position.
• Partial closures: If you have multiple open positions, closing one will not reset fees for the others. Partial closures will be reflected in an adjusted fee.
• No closing fee: No fees will be charged when you close a position.
• Transparent charging: For clarity, the administration fee will be charged directly to your account.

Need more information?

Refer to Deriv’s updated terms and conditions for comprehensive details.

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