PXTrader 2.0 vs MT5: Which Platform Is Best for Swap-Free Traders?

PrimeXBT, a global multi-asset broker, now offers it on both PXTrader 2.0 and MT5, so the choice between the two comes down to the trading experience and conditions each platform delivers.

Swap-Free Compared

A swap is the interest charged or paid for holding a leveraged position overnight. For traders whose religious beliefs restrict paying or receiving interest, a standard swap makes an account unusable unless an alternative fee structure is offered, which is what Swap-Free provides.

Both platforms offer the same two options. Swap-free replaces the overnight swap with a fixed USD-per-lot fee. Extended swap-free removes that fee entirely for traders who qualify based on activity and holding period.

On MT5, Extended Swap-Free applies in 30-day windows per position: once a position has been held for 30 days, standard Swap-free fees start applying to that position going forward. PXTrader 2.0’s Extended Swap-Free, on the other hand, carries no 30-day limit.

As an example, a trader holding a position for 45 days on MT5 would see Extended Swap-Free status reset at day 30, reverting the remaining 15 days to standard Swap-free terms. The same 45-day position on PXTrader 2.0 keeps Extended Swap-Free active for the entire hold, since there’s no reset point to plan around.

For a Swap-Free trader, instrument coverage can matter just as much as the time limit. On MT5, Extended Swap-Free is limited to eligible instruments, meaning traders who diversify across markets may find that Extended Swap-Free does not apply to every position. On PXTrader 2.0, there are no instruments excluded specifically from Extended Swap-Free, giving eligible traders greater flexibility to diversify without changing how overnight costs are structured across the account.

Platforms and Accounts Compared

The two platforms differ not only in their approach to Extended Swap-Free, but also in their markets, account structures, trading tools and pricing benefits.

PrimeXBT offers four account types on MT5: Cent, Standard, ZeroStop, and Pro. The Cent Account provides a lower-entry option with smaller position sizes and selection of instruments. Standard and ZeroStop cover over 200 markets in Forex and CFDs on commodities, indices, shares, and crypto; Pro covers a narrower 90+ markets, spanning Forex and CFDs on commodities, indices, and crypto. Spreads start from 0.2 pips on Standard and ZeroStop, tightening to 0.1 pips on Pro.

Leverage runs up to 1:2000 on Pro and is adjustable across all MT5 account types, with stop-out levels as low as 0% on ZeroStop and Pro, allowing more room before automatic closure. MT5’s core strength lies in Expert Advisor support for automated strategies, along with an interface most traders already know.

PXTrader 2.0 takes a more innovative approach. PrimeXBT’s proprietary platform brings CFDs and Crypto Futures together in one account, with 350+ instruments across Forex, Commodities, Indices, Shares and Crypto. Accounts can be held in USD, USDT, USDC, BTC or ETH, allowing traders to use crypto as trading capital across CFD markets and giving them more flexibility to diversify.

Trading costs on PXTrader 2.0 are also competitive. CFD spreads start from 0.2 pips, while Crypto Futures fees start from 0.01% maker and 0.045% taker. VIP tiers can reduce costs further, with up to 70% off Crypto Futures taker fees and up to 25% off CFD and Forex spreads generally. Gold and Bitcoin carry an exclusive discount at VIP4 and VIP5 reaching close to 50%, with Gold spreads as low as $0.17, and $19 for BTC/USD. The S&P 500 can start at 0.2 points, NASDAQ at 0.4 points, and EUR/USD near zero.

PXTrader 2.0 also offers TradingView-powered charting with 100+ indicators, adjustable leverage up to 1:1000, cross and isolated margin, hedge and netting modes, and negative balance protection, giving traders greater control over how they analyse markets and manage their positions.

There are also differences in how traders can access additional cost benefits offered by PrimeXBT across the two platforms. MT5 trading volume counts towards VIP status, but VIP discounts apply to PXTrader 2.0 trades only. The Rewards Center, however, is available across both platforms, with benefits including trading bonuses, VIP tiers purchase, and cashback of up to 10% on trading costs.

Which Platform Fits Which Trading Style

MT5 suits Forex- and CFD-focused traders who prefer the familiar MT5 environment, prioritise Expert Advisor automation, or require a wider range of account types. It can also work well for traders whose Swap-Free positions are held for shorter periods, where the 30-day Extended Swap-Free window is less likely to come into play.

PXTrader 2.0 offers greater flexibility and control from a single account, particularly for swing and position traders benefiting from Extended Swap-Free, high-volume traders seeking lower costs, and CFD and Crypto traders looking for more opportunities and greater diversification across markets.

Conclusion

With Swap-Free conditions available across both platforms, PrimeXBT provides a comprehensive trading environment, giving traders the flexibility to choose the platform that best matches their trading style.

Start trading with PrimeXBT.

About PrimeXBT

PrimeXBT is a global multi-asset broker and crypto asset service provider trusted by traders in more than 150 countries. The platform bridges traditional and digital markets within one integrated environment, redefining versatility and innovation in online trading. Clients can access Forex, CFDs on indices, commodities, shares, crypto, and Crypto Futures, as well as buy, store and exchange cryptocurrencies.

This unified experience extends across both the native PXTrader 2.0 platform and MetaTrader 5, supported by advanced risk-management tools and a wide range of funding options in crypto, fiat and local payment methods. Since 2018, PrimeXBT has focused on empowering traders through broad multi-asset access, fair and transparent conditions, professional-grade technology and dedicated human support. By combining expertise, trust and a client-first approach, PrimeXBT sets a benchmark of excellence in the financial industry and provides traders with the tools they need to trade, grow and succeed with confidence.

Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.