Swap-Free Accounts

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Swap-Free Accounts

What are Swap-Free
Accounts?

Swap-free accounts are modified accounts in which rollover fees are waived to comply with Islamic religious beliefs.

Swap-free account holders can hold their positions for an unlimited amount of time, without incurring any swap charges.

The Muslim religion states that business transactions involving interest payments of any kind are forbidden. Therefore, clients providing sufficient proof of religion will be granted a Swap-Free Orbex Account*, where no swap or roll-over interest is charged or incurred on positions held overnight.

Swaps are rollover fees that a trader pays to a broker to keep a position open overnight. When trading CFDs, swaps can be thought of as a type of interest charge allowing traders to keep a certain contract open for longer.

Need to request a swap-free account?

Get in touch with us.

*Clients found to be misusing swap-free accounts will be asked to close their positions instantly. Should the client refuse to do so, Orbex will be forced to close the account effective immediately with no prior notice.

Why Traders Choose Orbex

Why Traders Choose Orbex

How to Get Started

To begin your investment journey in the
Forex markets, follow these simple steps

Sign up

Sign up

Create an account in minutes & upload your documents.

Fund your account

Fund your account

Make instant deposits to your Orbex Wallet via debit card, wire transfer or your preferred online payment method.

Trade

Trade

Download your favorite trading platform on your device of choice & begin trading.

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