RoboForex is glad to offer its Islamic clients swap-free accounts (accounts without swaps), as Sharia laws prohibit swaps (extra rewards). Instead of swap expenses, Clients with swap-free accounts are charged a fixed commission, which is dependent only on the type of currency pair and number of open positions, not on the banks’ interest rates.
Swap-free accounts, which are also known as “Islamic accounts”, are available for all clients who prefer commission over swaps.
|Currency pairs||Commission (USD)|
|AUDNZD, CADCHF, CADJPY, CHFJPY, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDCAD, USDCAD, USDCHF, USDJPY, XAGUSD, XAUUSD||5.00|
|AUDCAD, AUDCHF, AUDJPY, AUDUSD, EURAUD, EURNZD, GPBNZD, NZDCHF, NZDJPY, NZDUSD||10.00|
|EURTRY, GBPAUD, USDCNH, USDMXN, USDRUB, USDTRY, USDZAR||30.00|
The commission (USD) specified in the table is for 1 standard lot. The total daily commission is the commission for 1 lot multiplied by a number of lots. The commission is taken off the account every day, at 12 a.m. server time.
To open a swap-free account, please, contact our Live Support Service.
Please note, that Swap-Free service is only available for cent and standard MetaTrader4-based accounts, as well as for Fix-Affiliate and Pro-Affiliate accounts.