Swap Free Account Brokers

First of all, let us see what is a Forex swap, swap is a commission or rollover interest that the broker is charging in order to extend a trader’s position overnight. This tool is a very useful feature, as the trader may easily open long-term positions, while the rollover fee may be either positive or negative and varies according to the current rates on a particular trading pair.

  • The traders who perform day trade and don’t want to prolong a trading deal until the next day for one or another reason can choose a Swap-free account that does not offer any adjustment to swaps on a day executed orders.

In simple words means, the trader will not receive any extra profits through long position, yet protected from potential extra loses while the trading result will depend only on rates and quotes at the particular time frame. But surely everything depending on the trading strategy particular trader perform, which is solely a respective own choice.

Recently, many traders choosing this type of account, primarily traders following Muslim belief, as per the Shariah law requirement they are not allowed to use long-term trading. Thus a quite many of the leading brokerage companies offering Swap free Accounts, as the demand increases and including specific features to their portfolio. Nevertheless, the true nature of a trading account may be guaranteed only in case the broker is well-regulated by the industry authorities respected worldwide. In other way, the broker may easily fake trading environment and left you with nothing but losses.

Broker Detail
FXNet logo FxNet
Min. Deposit: 50 US$
Max. Leverage: 1:30
Trading Platforms: MT4
Regulation: CySEC, IFSC
FxNet Review
Sucden Financial logo Sucden Financial
Min. Deposit: 0 US$
Max. Leverage: 1:30
Trading Platforms: API Solutions, STAR, TT, CQG, Patsystems, smartTrade, Integral, Currenex
Regulation: FCA, NFA, SFC
Sucden Financial Review
etoro_review eToro
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: eToro Platform
Regulation: CySEC,FCA, ASIC
eToro Review
House of Borse logo House of Borse
Min. Deposit: 5,000 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: FCA
House of Borse Review
hycm-forex-broker HYCM
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: FCA, CySEC, DFSA, CIMA
HYCM Review
Tickmill Broker review Tickmill
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, WebTrader
Regulation: FCA, FSA, CySEC
Tickmill Review
City Index Broker review City Index
Min. Deposit: 100 GBP
Max. Leverage: 1:30
Trading Platforms: Advantage Web, AT Pro, MT4
Regulation: FCA
City Index Review
IC Markets Review IC Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: cTrader, MT4, MT5
Regulation: ASIC
IC Markets Review
Plus500 Broker review Plus500
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: Plus500 Platform
Regulation: FCA, CySEC, ASIC, MAS
Plus500 Review
IG Markets review IG Markets
Min. Deposit: GBP 250
Max. Leverage: 1:30
Trading Platforms: MT4, IG Proprietary
Regulation: FCA, ASIC, CFTC, FINMA, MAS, JFSA, DIFC
IG Markets Review