Swap-Free Account
An Islamic or swap-free account is a trading account that is not subject to swaps.
This specific account can be requested by clients who follow Sharia law.*
How does it work?
An Islamic account offers the same features found within our existing account types. However, the key difference is that positions on certain FX and other CFD instruments can be held open overnight without swap or admin fees for a specified period of time.
Here’s a breakdown of our admin/swap free allowance by instrument:
If you’d like to open a swap-free account, simply send your request to [email protected], or open a ticket through your Client Portal.
*In the event of abuse, the company may revoke the swap free status provided to any real trading account.
