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" service is only available for cent and standard MetaTrader4-based accounts, as well as for Fix-Affiliate and Pro-Affiliate accounts. "Swap Free" service is not available to accounts with BTC as the base currency.
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.
"Swap-Free" service is available for the following types of MetaTrader4-based accounts: Fix-Cent, Pro-Cent, Fix-Standard, Pro-Standard, Prime, Fix-Affiliate and Pro-Affiliate. "Swap Free" service is not available to accounts with BTC as the base currency.
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.
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:
A prerequisite for changing the account type to a "Swap Free" one is the absence of open positions on it.
The client has the right to decline the service at any time. To do this, contact our Live Support.
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.
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, Metals||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, GBPNZD, NZDCHF, NZDJPY, NZDUSD, EURPLN, USDPLN||10,00|
|EURTRY, GBPAUD, USDCNH, USDMXN, USDRUB, USDTRY, USDZAR||30,00|
|CFD (Contracts for Difference)||Commission (USD)**|
|.UK100Cash, .USTECHCash, .US500Cash, ETHUSD, BCHUSD, DSHUSD||1,00|
** - 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>