Trade with a swap free account
As part of our commitment to being an inclusive platform, we offer swap-free accounts for traders who cannot pay or earn interest due to their religious beliefs.Go swap-free
What is a swap?
Swaps are the interest you earn or the interest you pay when holding onto a trade overnight. In Islam, the Sharia law prohibits the giving or receiving of interest in any form, hence the creation of swap-free Islamic accounts.
Swap-free accounts are just like regular trading accounts, but with one key difference: they are entirely without interest fees. Because of this, swap-free accounts make a suitable alternative for Muslim traders.
The Swap-free account at a glance
- No swaps or interest charges at rollover times, making it compliant under Sharia law and suitable for our Muslim traders.
- Allows you to hold positions for seven days, after which commissions will be charged for holding longer.
- No hidden costs. No extra charges. No spread widening.
- Not applicable for trading forex exotics.
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