Our Swap-Free Account is designed to offer a seamless and adaptable trading option for traders who require compliance with religious practices. Opening a Swap-Free Account is straightforward, allowing you to begin your trading journey with maximum convenience and flexibility.
Experience competitive pricing with our Swap-Free Account, featuring a tight spread of just 0.7 pip. This ensures you can enter and exit positions at favorable prices, maximizing your trading opportunities. Enjoy efficient trade execution without incurring any overnight swap fees, aligning with your trading needs and religious beliefs.
Flexibility is key in trading, and our Swap-Free Account allows you to start with a minimum trade size of 0.01 lot. This provides you with the freedom to manage your positions according to your risk tolerance and trading strategy, whether you prefer smaller or larger positions. With our Swap-Free Account, you can trade with confidence and peace of mind, knowing that your trading activities comply with Islamic finance principles.
A swap-free trading account is a type of account that does not charge or credit overnight interest (swaps) on open positions. This is especially designed for traders who have religious beliefs that restrict them from receiving or paying interest. It can also be beneficial for traders who simply prefer to avoid these charges.
No, swap-free trading is available only for certain instruments such as XAUUSD, XAGUSD, EURUSD, AUDUSD, EURGBP, EURJPY, GBPJPY, GBPUSD, NZDUSD, USDCAD, and USDJPY.
Here is the maximum leverage you can use, according to your equity size:
| Equity Min | Equity Max | Max Leverage |
|---|---|---|
| $ 0 | $ 999 | 1000 |
| $ 1000 | $ 2499 | 800 |
| $ 2500 | $ 7999 | 500 |
| $ 8000 | $ 19999 | 400 |
| $ 20000 | $ 39999 | 300 |
| $ 40000 | $ 74999 | 200 |
| $ 75000 | $ - | 100 |
Yes, anyone can open a Swap-Free Trading Account. Open your online trading account with zForex and select our Swap-Free Account to avoid overnight charges.
There are no extra fees or hidden charges for the Swap-Free Account at zForex. Only standard commissions apply: $10 for forex and $15 for metals.
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