Part of our rules series. Swap-free is an add-on, not a plan. Read it beside news trading and overnight rules · Alpha One vs Pro vs Swing vs Three · prop firms that allow swing trading · MT5 on Alpha Capital · lot size on a $100K account.
TL;DR: Yes, if you buy the swap-free add-on at checkout. It is MetaTrader 5 only, on Alpha One and Alpha Pro, and it costs about 10% of the base plan price. Overnight swaps come off. You pay $5 per lot when you open and $5 per lot when you close, on Standard spreads. Expert Advisors are off on that account. Swing, Three, and Direct are not on the add-on. A weekend hold is still decided by the plan, not by the add-on.
Quick answer: Swap-free is an optional Alpha Capital upgrade, not a separate plan. Pick it when you pay. It cannot be added later. It removes the swap and replaces it with a $5 per lot commission each way.
People searching for an Islamic prop firm are usually searching for this: an account that does not charge a swap for holding past the day. Alpha Capital calls the upgrade swap-free. It is still a simulated evaluation or a simulated Qualified Analyst account. It does not change the profit target, the loss limits, or the fact that a performance fee is performance-based.
Rules below match the 90% profit split and swap-free add-ons help article on 5 October 2026. If that article moves, the article wins.
Does Alpha Capital have a swap-free account?
Yes. The swap-free add-on removes overnight financing charges, the swaps, and replaces them with an extra commission. Instruments, rules, and trading conditions stay the same. Only the pricing changes.
You select it at purchase. It cannot be added to an account you already own. The price is about 10% of the base plan price. Spreads on these evaluations and Qualified Analyst accounts are Standard spreads.
If you want the longer hold rules beside the fee, start with Alpha Capital news and overnight rules.
Which plans can turn the swap off?
Two plans, and one platform.
| Plan | Swap-free add-on | Platform |
|---|---|---|
| Alpha One | Yes, every One plan | MetaTrader 5 only |
| Alpha Pro | Yes, every Pro plan | MetaTrader 5 only |
| Alpha Swing | No | Still pays swaps if you hold |
| Alpha Three | No | Still pays swaps if you hold |
| Alpha Direct | No | Not on the add-on list |
cTrader, DX Trade, and TradeLocker do not carry this add-on. If the account is not on MT5, there is no swap-free switch to buy.
Plan stages and who each one is for are in Alpha One vs Alpha Pro vs Alpha Swing vs Alpha Three. MT5 setup is in the MT5 guide.
What do you pay instead of the overnight swap?
$5 per lot on the way in, and $5 per lot on the way out. The help article states a charge of $5.0 per lot for each transaction, in both directions.
That commission is the replacement for the swap. It is not a second overnight fee stacked on top of one. A trade you open and close the same day still pays the commission, because the charge is per transaction, not per night.
On a $100K account the published lot cap is 40 lots on One and Pro. Forty lots is $200 in and $200 out, $400 round-turn in that extra commission, before the spread. The cap itself is in prop firm lot size on a $100K account.
Can you hold a forex trade over the weekend without a swap?
Only where the plan already allows the hold, and only if swap-free was on the order.
Alpha One allows a weekend hold at every stage, including the Qualified Analyst account. With the add-on, that hold does not pay a swap. It still pays the $5 per lot when the position is opened and when it is closed.
Alpha Pro allows a weekend hold in phase 1 and phase 2. A Pro Qualified Analyst account is not allowed to hold through the weekend. Doing it is a soft breach: the profit on those trades is removed, and the account stays open if the updated balance is still inside the maximum loss. Buying swap-free does not lift that ban.
Alpha Swing and Alpha Three allow weekend holds at every stage, and they still pay swap fees, because the add-on is not sold on those plans. The swing path is in prop firms that allow swing trading and in how the Swing account works.
Alpha Direct does not allow a weekend hold, and it is not on the swap-free list. Direct is the no-evaluation path in how Direct starts.
The weekend table is the weekend hold help article. That article also notes that a weekend hold still incurs swap fees when the add-on is not on the account.
Is the 90% performance split the same button?
No. It is a second add-on, also chosen at purchase, also about 10% of the base plan price, and also impossible to add later.
The 90% add-on moves the performance split on the Qualified Analyst account from 80% to 90%. It is available on all Alpha One plans and on on-demand Alpha Pro plans. It does not remove swaps. Swap-free does not change the split.
You can buy one, the other, or both, as long as the plan you picked actually offers the one you want. Pro that is not the on-demand option can take swap-free. It cannot take the 90% add-on unless it is an on-demand Pro plan.
How a performance fee is calculated sits in what is a performance fee.
Do Expert Advisors work on a swap-free account?
No. Expert Advisors are disabled on swap-free accounts and cannot be used. That is part of the add-on, not a setting you turn back on after checkout.
What else can close an account is in prohibited trading strategies.
Frequently asked questions
Can you add swap-free after you already paid?
No. The choice is at purchase. An account you already have cannot be switched later.
Does swap-free work on cTrader, DX Trade, or TradeLocker?
No. MetaTrader 5 only.
Does Alpha Swing have a swap-free option?
No. Swing and Three can hold through the weekend, and those holds still incur swap fees. The add-on list is One and Pro.
Does swap-free let a Qualified Pro account hold the weekend?
No. Pro Qualified Analyst accounts are not allowed to hold over the weekend. The add-on removes the swap. It does not change that rule.
What is the commission once swaps are off?
$5 per lot for each transaction, in both directions, on Standard spreads.
Simulated evaluations, simulated funds. Performance fees are performance-based. Outcomes are not guaranteed.
