Swap Free

Sharia-compliant Forex & CFD Trading Account: Muslim clients can trade Forex & CFDs without rollover (swap) interest on overnight positions, adhering to Islamic principles that prohibit paying or receiving interest.
How to open a Swap Free Islamic Account
If a system abuse is detected, Fortrade reserves the right to cancel the Islamic account with immediate effect, and close any open trades at its discretion.
The standard lot size is defined in the trading conditions.
The charge is made for swap-free clients only, every Thursday, for all open positions held at 21:00 GMT night between Wednesday and Thursday.
Closed positions that were left open during the times mentioned above, will be charged pro-rata for each lot.

Category | Short Position | Long Position |
|---|---|---|
Stocks and ETF | 17% weekly-calculated interest rate | 18% weekly-calculated interest rate |
Currency Pairs | X7 on regular daily swap | X7 on regular daily swap |
Indices | X7 on regular daily swap | X7 on regular daily swap |
Agricultural Products | X7 on regular daily swap | X7 on regular daily swap |
Precious Metals | X7 on regular daily swap | X7 on regular daily swap |
Energy Products | X7 on regular daily swap | X7 on regular daily swap |
US Treasuries | X7 on regular daily swap | X7 on regular daily swap |