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Forex brokers with rollover-free (swap-free) accounts | No swap Forex brokers




Below is the list of Forex brokers who offer Islamic or swap-free accounts with no rollover charges.
Besides Muslim friendly Forex brokers, there are also brokers who offer interest-free accounts to all traders.

Islamic account - can be open for Muslims only.
Any account - can be open for any client.
Standard account - needs further review.


Forex broker Swap free

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Broker discussion area

BrokerGuru

August 29, 2011

Added. Thank you!

trader

September 1, 2011

How can anybody recommend FXCM, being that this Company is known for terrible service and straight-out SCAM, the worst company on the face of the forex world, is being penalized with $2,000,000 by the regulator authorities because FXCM are found guilty of theft and scam

trader

September 11, 2011

can we please add a regulator column to this list... many of these are unregulated and straight up scams.... one of the reasons they present themselves as swap free is because they can since they are scams

trader

September 13, 2011

Thank you for your feedback!

Regulation is certainly an important factor, but not the only one for many traders, and we can't include everything. So, let's keep it about swap-free accounts, while it would be easier to apply further filters in the Search:
http://www.100forexbrokers.com/fx/broker_search.php

Where you can add:
- Swap=free accounts "Yes"
- Regulation "Is regulated"

and any other parameters you want, such as the minimum deposit, leverage etc.

trader

October 6, 2011

Check Fxcentral which offer true Raw Spread ECN with Swap/Roll Free for all its clients and they have Chase bank with other 12+ source as prime LPs

trader

November 25, 2011

For FXCM UK, standard account that converted to Islamic account, they will add 0.5 pips for spread.

BrokerGuru

November 25, 2011

Thank you!

trader

December 22, 2011

Forex.com fees is sorta interest. i got charged. called the guy up. he said rollover interest charged. his words.

Salman

December 29, 2011

Hi BG,

I am so glad I came to your website. I am a muslim and looking to open a swap free account as I trade long term and want to avoid receiving or paying interest/swap rollover fee.

I have been told that all brokers who offer swap free accounts are market makers i.e. they trade against you and you will have problems with them if you make a lot of profit. Is that true? The argument is that the swap fee is charged by the liquidity provider therefore ECN/STP/NDD brokers dont have any control over it.

Your opinion and help in this regard will be greatly appreciated. Thanks.

Best Regards,
Salman

Salman

January 17, 2012

Hi BG, this is Salman again, didnt hear from you about my query so thought will follow up again. Your input in this matter will be greatly appreciated. Thanks.

Best Regards,
Salman

BrokerGuru

January 17, 2012

Hi Salman,

sorry for the delay.
Yes, if you trade exceptionally well with a market maker, making them to lose money each time (since they trade against you), you might experience worsening of the trading conditions.

I haven't heard about the argument that swap is charged by the LPs, thus NDD brokers have no control over it...
Swap-free accounts are offered by STP brokers as well, not only Market makers. I think they are able to manage it somehow.
Try at least our search with the following parameters:
http://www.100forexbrokers.com/fx/broker_search.php
Broker type: "no dealing desk"
Swap-ree accounts: "yes"

trader

January 20, 2012

Thanks BG. That was quite helpful :)



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