SWAP FREE ACCOUNTS

What is a SWAP FREE account?

Swap Free — special accounts that are not charged swap. Using this type of account you pay only a fixed fee, which does not depend on the interest rates of banks issuing currencies. When transferring the position to the next day, a fixed fee is charged, which depends on the currency and the number of open lots. This type of account will allow trade in clients of the Islamic faith without violating Sharia law.

Work without swaps

Does not violate sharia law

Long term positions

How to enable SWAP FREE?

Opening an Islamic account is not difficult. To do this, you must select a trading account such as W-PROFI or W-CENT (with an accuracy of 5/3 marks and market execution by execution) and mark the swap free field in the form of an account opening.

Account section

W-PROFI or W-CENT

Choose "swap free" account

Open swap free account

A swap free account can only be created at the time of opening an account. For previously opened accounts, the connection of the service is not provided.

Disabling services at the initiative of the client is not provided. In order to no longer use this service, the client opens a new account, without the Swap Free service, and, if necessary, transfers funds to a new trading account.

When trading on the Swap Free account (Islamic account), a swap is not written off (accrued), while the company deducts a fixed commission for transferring open positions to the next day, which depends on the trading asset and the number of open lots.

Commission is charged every day at 00:00 server time.

No commission is charged when transferring positions over the weekend. Commission amounts are indicated in a special table.

The company reserves the right to discontinue Swap Free service at its sole discretion at any time, notifying the client by registration email. In the event of a service deactivation, the transfer of positions to the next day will occur with a standard charge (write-off) of swap.

The client cannot demand any recalculations on accrued commissions during the trading on Swap Free accounts.

The company has the right to change the size of commissions on Swap Free accounts for currency pairs and CFD contracts at any time without prior notice to the Client.

Open Swap Free Account

The amount of commission for Swap Free accounts:

Tool

Commission (for 1 lot)

EURUSD, USDJPY, GBPUSD, USDCHF, USDCAD, EURGBP, GBPCHF, GBPJPY, EURCAD, EURCHF, EURJPY, GBPCAD, CADCHF, CADJPY, NZDCAD, CHFJPY, AUDNZD, #FB

5 USD

AUDUSD, NZDUSD, EURAUD, EURNZD, AUDCAD, AUDCHF, AUDJPY, NZDCHF, NZDJPY, EURHKD, EURSGD, GBPSEK, AUDSGD, USDSEK, USDSGD, CHFSGD, SGDJPY, NZDSGD, EURSEK, GBPNZD, USDHKD

10 USD

GBPDKK, GBPNOK, GBPSGD, USDCNH, EURHUF, #GOOG

20 USD

GBPAUD, EURDKK, EURNOK, AUDSEK, USDDKK, USDNOK, USDZAR, USDHUF, #AMZN

30 USD

XAUUSD, XAGUSD, XPTUSD, XPDUSD

10 USD

XTIUSD, XBRUSD

10 USD

#DIA, #SPY, #QQQ, #AA, #AIG, #AXP, #BA, #CAT, #DD, #DIS, #GE, #HD, #HON, #HPQ, #IBM, #INTC, #IP, #JNJ, #JPM, #KO, #MCD, #MMM, #MO, #MRK, #MSFT, #PFE, #PG, #T, #UTX, #VZ, #WMT, #XOM, #AAPL, #BAC, #CSCO, #EBAY, #FDX

2 USD

SWAP FREE ACCOUNTS

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