Search Form
Type keywords to find answers.
Recent FAQs
Page Menu
May 5, 2017
Any extra charges or commissions on XM's Islamic Swap Free account? What are the conditions?
XM strongly against "Swap Free in Disguise". As many brokers charge extra fees for using an "Islamic Swap Free" account. Thus, for "Islamic Swap Free accounts", XM does not charge no interest/swap charges on overnight positions, No...
May 5, 2017
Does XM offer Islamic(Shariah) MT4 and MT5 account with Swap Free conditions?
Yes, XM does offer "Islamic Swap Free" accounts through both MT4 and MT5 trading platforms. The trading conditions are the same as each normal account type though, only the Leverage will be restricted to 1:500. XM makes sure that t...
November 29, 2016
How to open Islamic swap free account of HotForex MT4 and MT5?
How to open HotForex's Swap Free Account? Condition of HotForex Islamic Swap Free Account Comparison of HotForex's Islamic Swap-Free Account Types HotForex Islamic Swap-Free Micro Account HotForex Islamic Swap-Free Premium Account ...
November 23, 2016
Why I got charged swap points in Islamic swap free MT4 account?
HotForex does offer Islamic swap-free condition for Micro, Premium, Currenex, VIP and Fix account types though, the swap-free status is only available 7 days per open position. Thus, in case you are holding an open position over 7 day...
November 23, 2016
How to open Islamic Swap Free Account on HotForex MT4 (MetaTrader4)?
In order to open an Islamic swap free MT4 account with HotForex, you need to choose to open Micro, Premium, Currenex, VIP or Fix account type at the account opening process, and then change the account status to Islamic Swap Free. The...
October 17, 2016
How to calculate swap charges/points of Cryptocurrency on MT4 and MT5 trading platforms?
There will be swap-charges for positions opened over-night in your “Crypto Trading Account” too. The swap charges are basically the same at anytime, but depends on the size(value) of your open positions. Swap charges are 10% annual...
July 22, 2016
How to open "Swap-Free Islamic" Forex trading account with FXPro?
In observance of the Shariah Law, FxPro offers swap-free accounts to clients of the Muslim faith. To apply for a swap-free account, please send an email request to their Back Office Department. FxPro Official Website Before you send...
May 18, 2016
Why Islamic Swap-Free Account exist & How it works for Forex traders?
Islamic Forex trading is a specific type of trading for individuals of the Islamic faith. Islamic Forex trading accounts, which transpired after heightened interest by followers of the Islamic faith to access the Forex markets, have b...
May 16, 2016
What is "Roll Over" and "Swap Interest (Overnight Financing)" in Forex?
What is Rollover Cost? If you trade Forex on a "spot" basis, all trades settle two business days from inception, as per market convention. The settlement date is referred to as the value date. Many Online Forex Brokers offer "ro...
April 26, 2016
How to open Deriv's Swap Free trading account?
Introduction to Swap-Free Trading Forex trading has grown immensely popular across the globe. It is a preferred form of investment for many due to the potential for high returns. However, there is a particular aspect of Forex trading ...
Swap Charges Categories
- AlphaTrader
- Bonus & Promotions
- Broker Model
- cTrader
- Currenex
- Deposits & Withdrawals
- Deriv DTrader
- General Questions
- Insurance/Compensation
- Liquidity Provider
- MetaTrader4
- MetaTrader5
- Mobile App
- NetTradeX
- Regulatory Authority
- Server Connection
- Server Time
- Support
- Trading Accounts/Conditions
- Trading Hours
- Trading Instruments
- Trading Tools