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. In order to abide by the religious law of Islam, traders of Islamic belief are forbidden to pay interest. Basic principles of finance in Islam state that: What is a Forex Islamic account? Conditions of the service and commission rates General provisions "Swap-Free" service is available for the following types of MetaTrader4-based accounts: How to Open a Forex Islamic Account The swap-free option can be chosen as part of the trading account registration in 3 easy steps: Alternatively there could be special conditions on spreads, where traders pay one pip higher spread on all currency pairs.
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HOWTO open a Demo Account on your Phone to Trade FOREX (MT4 Tutorial)
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