SWAP-FREE TERMS AND CONDITIONS

Ver 1.1.2026

SWAP-FREE TRADING TERMS AND CONDITIONS

Any request by the Client for Swap-Free status is subject to the Company’s sole discretion. Swap-Free status shall become effective only upon the Company’s written approval, and upon such approval, the following terms and conditions shall govern the provision of Swap-Free trading.
 

This Swap-Free Trading Supplement (“Supplement”) forms part of and shall be read together with the Client Agreement available at https://www.traze.com/terms-and-conditions/

By opening an account and electing Swap-Free trading, the Client confirms that they have read, understood, and agreed to this Supplement.

In the event of any inconsistency, the Client Agreement shall prevail, and this Supplement shall apply solely in respect of Swap-Free trading conditions. The Company reserves the right to amend this Supplement from time to time, and any such amendment shall be final and binding.

Trading Volume Eligibility

  1. Swap-Free trading is made available strictly on a conditional basis and is subject to ongoing eligibility assessment by the Company.
  1. Swap-Free trading is available only to accounts with equity below USD 3,000. Where the Client’s account equity is USD3,000 or above, Swap-Free eligibility shall be conditional upon the Client generating intraday trading volume in accordance with this clause. The required trading volume shall be calculated on a 4:1 ratio. Failure to meet this requirement shall result in the removal of Swap-Free status.
    • Illustrative Clarification (Non-Binding): If the Client intends to hold 1 standard lot of XAUUSD overnight, the Client must trade 4 standard lots of XAUUSD opened and closed intraday prior to rollover.

Grace Period and Application of Swaps

  1. Swap-Free conditions apply for a maximum of three (3) calendar days per position, commencing from the time the position is opened.
  1. From Day 4 onwards, Swap-Free status shall automatically cease and standard swap charges shall apply.
  1. Upon removal of Swap-Free status, swap charges shall apply to:
    • all open positions;
    • all future positions; and
    • any positions opened during the grace period.
  1. Swap charges may be applied without prior notice and shall extend to all Client’s Trading Accounts.

The Company Discretion, Abuse and Charge-Back

  1. Swap-Free trading is provided strictly as a conditional facility and does not constitute a right or entitlement.
  1. The Company reserves the right, at its sole and absolute discretion, at any time and without notice, to grant, refuse, review, suspend, withdraw or cancel Swap-Free status and to determine whether the Client satisfies all eligibility and fair-use requirements. The Company is not required to provide reasons for any such decision.
  1. The Company may monitor Swap-Free accounts for any trading behaviour which, in its determination, constitutes misuse, abuse, circumvention, artificial or manipulative trading activity, including but not limited to volume structuring, hedging, offsetting, or rollover exploitation.
  1. Where the Company determines that Swap-Free conditions were incorrectly applied, eligibility requirements were not satisfied, or abusive behaviour has occurred, the Company reserves the right, without prior notice, to:
    • immediately withdraw Swap-Free status;
    • apply standard swap charges, including retroactively;
    • charge back any swap amounts previously waived or not charged; and
    • deduct such amounts from the Client’s trading account.
  1. Swap-Free status is withdrawn despite the Client remaining compliant, the Company shall make reasonable efforts to inform the Client in advance, where practicable.

 

Traze is a brand and trading name of:

Zeal Capital Market (Seychelles) Limited, which is regulated as a Securities Dealer by the Financial Services Authority of Seychelles (FSA) under license number SD027, with company registration number 8422618-1. Its principal office is located at Room 2, Green Corner Building, Providence Industrial Estate, Mahe, Seychelles, and its registered address is Room B11, First Floor, Providence Complex, Providence, Mahe, Seychelles.

Zeal Capital Market (Seychelles) Limited, operating under the registered trading names “ZFX” and “Traze”, does not provide services to residents of certain jurisdictions, including the United States of America, Brazil, Canada, Iran, North Korea (Democratic People’s Republic of Korea), and EU countries.

Traze (Pty) Ltd, Company Registration Number: 2016/164943/07, with its registered address at SECTION 33, 4TH FLOOR, KATHERINE AND WEST BUILDING, 114 WEST STREET, SANDTON, GAUTENG, 2196, South Africa, is an authorised Financial Services Provider (FSP) under the Financial Sector Conduct Authority (FSCA) with FSP Number: 48248. Traze (Pty) Ltd does not engage in Principal or market-making activities, is not an ODP (Over-the-Counter Derivatives Provider), and solely operates as an intermediary between the liquidity provider/market maker and the client.

Official Website: www.traze.com | © 2026 Traze

Zeal Capital Market (UK) Limited is a company registered in England and Wales (Company No. 10219924) with its registered office at No. 1 Royal Exchange, London, EC3V 3DG. It is authorised and regulated by the Financial Conduct Authority (FCA) under FRN 768451.

Zeal Capital Market (UK) Limited does not provide services to retail investors. Its products and services are not directed at residents outside the UK and should not be considered an offer or solicitation where such distribution would be contrary to local law or regulation.

Risk Warning: Contracts for Difference (CFDs) are complex financial instruments that carry a high risk of rapid financial loss due to leverage. You may be required to make additional deposits to maintain your margin requirements. Before trading, carefully consider whether you fully understand how CFDs work and whether you can afford to take on the associated risks. The historical performance of any underlying asset does not guarantee or indicate future performance. Any illustrations, forecasts, or hypothetical data presented are for informational purposes only and do not constitute a guarantee of future results. Trading financial derivatives may not be suitable for all investors, and you should seek independent financial advice if necessary.