Luke Hansen
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- Nov 28, 2017
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Swap-free service is particularly designed for traders, the religious beliefs of whom do not allow the usage of the interest rates of world currencies in their trading. Account with swap-free service are also called Islamic account, the main peculiarity of which is the absence of accrual and write-off of swaps, calculated based on credit rates of national central banks.
My broker ForexChief is giving Muslims to do Forex trading via Islamic account. Swap-free is available only for Muslim clients from the limited list of countries, where Islam is the state and/or the predominant religion. Swap-free is valid for a limited list of trading instruments: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USDSGD, XAUUSD (Gold), XAGUSD (Silver). For all the other instruments swaps are calculated and accrued in the standard mode.
My broker ForexChief is giving Muslims to do Forex trading via Islamic account. Swap-free is available only for Muslim clients from the limited list of countries, where Islam is the state and/or the predominant religion. Swap-free is valid for a limited list of trading instruments: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USDSGD, XAUUSD (Gold), XAGUSD (Silver). For all the other instruments swaps are calculated and accrued in the standard mode.