Ask a question

Did not find the information you need? Ask your questions and get answers online!

Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back
Ask a question

Islamic Swap-Free accounts

RoboForex offers it’s a specific account type – Islamic Swap-Free accounts. Instead of the swap, the owners of Swap-Free accounts are charged a fixed commission, which depends only on the type of currency pair and number of open lots, but not on the issuing banks’ interest rates. This account type was created especially for the clients of Muslim belief, who are not allowed to trade with swaps because of Sharia laws.

Swap-Free account registration:

1

Open a trading account for
MetaTrader4 platform*

Open account
2

Contact our
Live Support

Leave application

* - "Swap-Free" service is only available for cent and standard MetaTrader4-based accounts, as well as for Fix-Affiliate and Pro-Affiliate accounts.

When you change your account type to Swap-Free, all other trading conditions remain intact, and the overnight commission depends only on the instrument and the number of open lots.

Conditions of the service and commission rates

General provisions

  1. "Swap-Free" service is available for the following types of MetaTrader4-based accounts: Fix-Cent, Pro-Cent, Fix-Standard, Pro-Standard, Fix-Affiliate и Pro-Affiliate.

  2. When you change your account type to Swap-Free, the overnight commission depends only on the instrument and the number of open lots. All other trading conditions remain the same.

  3. To enable "Swap-Free" service, you have to open a MetaTrader4-based account in your Members Area. After that, contact our Live Support one of the following ways:

  4. A prerequisite for changing the account type to a "Swap Free" one is the absence of open positions on it.

  5. The client has the right to decline the service at any time. To do this, contact our Live Support.

  6. Please note that RoboForex reserves the right to deny the client "Swap-Free" service at any time without giving any reasons and/or advance notice. In case the service is disabled by the Company, you will be charged swaps according to the conditions, specified on its official website.

Commission rates for Islamic Swap-Free accounts

  1. When you change your account type to "Swap-Free", you are not charged swaps; however, you pay a fixed overnight commission for open positions.

Currency pairs, MetalsCommission (USD)**
AUDNZD, CADCHF, CADJPY, CHFJPY, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDCAD, USDCAD, USDCHF, USDJPY, XAGUSD, XAUUSD5,00
AUDCAD, AUDCHF, AUDJPY, AUDUSD, EURAUD, EURNZD, GBPNZD, NZDCHF, NZDJPY, NZDUSD, EURPLN, USDPLN10,00
EURTRY, GBPAUD, USDCNH, USDMXN, USDRUB, USDTRY, USDZAR30,00
CFD (Contracts for Difference)Commission (USD)**
BRENT, WTI10,00
.UK100Cash, .USTECHCash, .US500Cash1,00
.US30Cash, .DE30Cash2,50

** - The commission specified in the table is for 1 standard lot. The amount of the commission, which is written off every day at 12:00 AM server time, is calculated in the following way:

<Commission> = <Commission for 1 lot> * <Number of lots>