Question: Why I got charged swap points in Islamic swap free MT4 account?
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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 days in an account with swap-free status, then the account will start getting charges for swap points from the next day.
If you are following the Muslim faith, and cannot receive or get charge for swap points, you may not want to have an open position over 7 days in your account.
Although the charges after 7 days in swap free account, it is not a swap charge but “Carry Charge” in HotForex MT4.
So technically, a Islamic swap-free MT4 account is completely swap-free for half-eternally, but gets charged after holding a position for more than 7 days.
For inquiries regarding to your trades, please visit HotForex Official Website and contact the support team.