Swap-Free Trading Account Use Agreement

1. This Agreement regulates the procedures and terms for using the trading accounts of the Swap-
Free group and is a supplement to the basic Agreement for provision of services. The
Agreement is considered to be in force from the time of converting the Customer's trading
account to the Swap-Free group accounts.

2. Conversion of trading accounts to the Swap-Free group is performed by the Company's

customer service by the request and consent of the Customer who completes the application
form pertaining to obtaining this service. The Company has a right to refuse to provide services
without an explanation of reasons.

3. The entire absence of charging an interest in all its forms is applied to all the trading accounts of
the Swap-Free group as follows:

a. When rolling the position over in a midnight is the swap operation;

b. Fixed fee rate of 6% is an interest rate.

4. The Customer has a right to request the conversion of their sub-account to the regular group at
any moment. In case of another request for conversion to the Swap-Free group accounts , the
Company can require an adequate justification for the necessity of these actions for the
Customer.

5. The Customer may not request the payment of the Swap amounts that have been lost as a
result of converting the Customer's sub-account to the Swap-Free group accounts for the period
when the sub-account has been in the Swap-Free group accounts.

6. The Company reserves the right to return the Customer's sub-account from the Swap-Free
group to the group of regular accounts in case of discovering purposeful operations to make
profits on the difference of the interest rates .

7. This Agreement is in addition to the main Agreement regarding the provision of the
Company's services and bears a higher priority in case of appearing discrepancies with the
main Agreement in regards with the trading terms .

8. The time of this Agreement termination is the receipt of the Customer's application by the
Company's Customer Service Department regarding the refusal from the sub-account in the
Swap-Free group .

9. The location for the Agreement conclusion is considered to be same by the Parties as the
location where the main Service Agreement has been concluded.

InstaForex Companies Group, 04.26.2008