What is a swap-free prop trading account?
A swap-free prop trading account allows traders to hold simulated positions overnight without incurring interest-based rollover fees. Funded Trading Plus is considered a top swap-free prop firm in 2026 because it provides default swap-free simulated accounts with competitive spreads, low commissions, and a 80% performance reward split.
If you are a swing trader, holding a position open for several days or weeks used to come with a hidden penalty. The longer you held the trade, the more your simulated margin was eaten away by overnight fees.
Earlier this year, Funded Trading Plus made a major operational update: we removed swap fees entirely. Every single evaluation and simulated funded account we offer is now swap-free by default, and this feature is provided completely free of charge.
Here is exactly how our swap-free accounts work, why they benefit your strategy, and why there is no “catch” hidden in the spreads.
What Are Swap Fees and Why Do Other Prop Firms Charge 3x on Wednesdays?
In traditional forex and CFD trading, a “swap” is an overnight interest rate fee. Because currency trades involve borrowing one currency to buy another, central bank interest rate differentials are applied to positions held past the broker’s daily rollover time (usually 5:00 PM New York time).
If you have ever traded a standard account, you have likely noticed a massive fee hit your account mid-week. This is known as “Triple Swap Wednesday.” Because the forex market is closed on weekends, brokers charge three days’ worth of interest on Wednesday to account for the weekend settlement.
This creates a highly frustrating environment for swing traders. A perfectly executed technical setup can quickly become unprofitable purely because of the time it takes to play out. By eliminating these fees entirely across our platform, we have lifted a massive burden off our traders, allowing you to let your setups play out naturally without the anxiety of daily rollover charges.
Swap Free vs Standard Prop Account: Are There Hidden Commissions?
When a prop firm offers a swap-free account, traders are naturally skeptical. The immediate assumption is that the firm must be making that money back somewhere else, usually by widening the spreads, increasing commissions, or lowering the profit split.
At Funded Trading Plus, there is no catch. All markets have competitive spreads and low commissions, and this remains completely unchanged on our swap-free accounts.
| Feature | Standard Prop Firm Account | FT+ Swap-Free Account |
| Overnight Fees | Applied daily (3x on Wednesdays) | None |
| Spreads | Varies | Competitive spreads maintained |
| Commissions | Varies by firm | Low commissions maintained |
| Activation Cost | Often requires an upfront fee | 100% Free of charge |
| Profit Split | Standard (e.g., 80%) | 80% |
For a real-world example of how these costs impact your trading, you can read our complete FTMO 1-Step Challenge vs Funded Trading Plus (2026 Comparison) breakdown. While FTMO is a highly respected, veteran firm, their standard accounts still apply overnight swap fees. If you are holding simulated trades over multiple days or weeks, those rollover fees continuously drain your margin. At FT+, you avoid these costs entirely, giving swing traders a clear mathematical advantage.
Islamic Prop Trading Accounts: Sharia Compliant Funded Accounts
Our aim with offering swap-free accounts by default is that the account better aligns with Islamic principles. Because we do not charge or pay overnight rollover interest on any of our simulated accounts, the core interest-bearing mechanism has been removed.
However, we do not want to over-emphasize this or provide religious rulings. The interpretation of Sharia-compliant finance can vary, and it is entirely up to the individual trader to assess whether our simulated, swap-free trading conditions meet their specific requirements.
The Best Prop Firm for Swing Trading Without Swaps
If you trade purely intraday (opening and closing your trades within the same session), swaps rarely affect you. But if you are a position trader or a swing trader, a swap-free account is a massive strategic advantage.
This is particularly true for high-volatility assets like Gold (XAUUSD) and Stock Indices. These instruments are notoriously expensive to hold overnight on standard accounts. By trading them in a swap-free environment, you can capture major macroeconomic trends over several days without your simulated equity slowly draining away.
Additionally, because we allow weekend holding across our programs, you can also seamlessly swing-trade Cryptocurrency markets, which operate 24/7, without any swap fee interruptions.
You do not need to do anything. All FT+ evaluation and simulated funded accounts are swap-free by default. You do not need to contact support or manually request it, and this feature is provided entirely free of charge.
No. Some firm may offer “swap-free” accounts but introduce a hidden “storage fee” if you hold the trade for more than 7 or 14 days. We do not do this. You can hold your simulated positions for as long as your strategy requires, including over the weekend.
No. Trading on a swap-free account does not negatively impact your performance reward split. You still receive your standard 80% split, which can be scaled up to 90% or 100% using our scaling plan and add-ons.
No, not our our prop trading accounts. We do not widen our spreads or introduce hidden commissions to offset the lack of swap fees. All markets on our platform feature highly competitive spreads and low commissions.
Ready to Start Your Journey?
Whether you are a swing trader looking to avoid rollover fees, or a trader seeking a simulated environment that better aligns with your principles, FT+ gives you the autonomy to trade your way.
Compare our One Step vs Two Step Trading Challenges to find the perfect fit for your strategy, and start your swap-free simulated evaluation today.