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Swap Free
Balance Shield
The swap rate, also known as the rollover fee, is an interest fee applied when you keep a position open overnight in forex trading. It is calculated based on interbank rates and one standard lot (100,000 base units) for each currency pair. The latest swap rates can be found on the MT4 trading platform.
Please note that during weeks with holidays, the swap rate structure may be adjusted to accommodate the holiday.
Our "Islamic Account" or "Swap-Free" service is exclusively available for Muslim Clients. This service can be availed on any account type on Meta Trader 4-based accounts, as well as for Affiliate accounts.
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.
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Risk Warning: Trading our products on margin involves substantial risk, and you are likely to lose all the capital you have invested. These products may not be suitable for all individuals, so it is essential to comprehend the associated risks thoroughly. Kindly refer to our Risk Warning, which is accessible here.
Disclaimer: The information provided in this material is meant for general informational and educational purposes only and should not be construed as investment or financial planning advice. We do not guarantee the accuracy or completeness of this information. TradeFx Pte. Ltd. disclaims any responsibility for any actions taken based on these comments and any resulting consequences. The views and opinions expressed in this content belong to our educators and do not necessarily represent the official policy or position of TradeFx Pte. Ltd.
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