The swap rate — also known as the overnight financing fee — at Eurotrader varies based on multiple factors, including asset class, position size, market interest rates, and whether the trade is long or short. Swaps are typically calculated using the interest rate differential between the two currencies in a forex pair or based on financing rates for other asset classes.

What is a Swap-Free account?

A swap-free account, also known as an Islamic account, enables traders to operate interest-free, making it compliant with Sharia law. Unlike standard trading accounts, swap-free accounts do not apply overnight rollover fees, providing a fair and transparent trading experience.

Eurotrader offers a swap-free account, allowing traders to participate in the financial markets without incurring overnight interest charges. These accounts are designed to accommodate traders who prefer to hold positions for extended periods without additional costs.

Who can open a Swap-Free account?

Our swap-free accounts are available exclusively to Muslim traders. To apply, you’ll need to provide documentation verifying your religious affiliation, which can typically be obtained from the Imam of your community. This document must be submitted via email for account approval.

Why choose Eurotrader's Swap-Free account?

🔹No overnight interest fees – Trade freely without swap charges.
🔹Access to major markets – Enjoy trading forex, commodities, and indices.
🔹Competitive trading conditions – Tight spreads, fast execution, and no hidden fees.

To learn more about our swap-free trading conditions, check out our Swap-Free Account details.

Need more details? Our support team is always here to help.

Open an account with Eurotrader today!