FxPro Islamic (Swap-Free) Account
FxPro states it offers swap-free (Islamic) accounts that hold no overnight interest, in line with Sharia principles.
Open FxPro Account →An FxPro Islamic, or swap-free, account holds no overnight swap interest on positions, in line with Sharia principles. According to FxPro, swap-free status can be applied to eligible account types on request. Instead of swap interest, an administration fee may apply on certain instruments after a grace period, so it is important to confirm the exact terms with FxPro support before applying. A swap-free account suits traders who hold positions overnight and need to avoid interest, whether for religious reasons or trading style.
What a swap-free account avoids (measured)
A swap-free (Islamic) account holds no overnight swap. To show what that is worth, here is the overnight financing we measured on a standard Raw+ account — what a swap-free account would not pay or receive:
| Instrument | Long swap / night | Short swap / night |
|---|---|---|
| EUR/USD | −$8.90 | +$1.90 |
| USD/JPY | +$4.25 | −$17.21 |
| XAU/USD (Gold) | −$67.90 | +$27.00 |
For example, a long gold position is charged about −$67.90 per lot per night on a standard account. Eligibility and terms for swap-free accounts vary.
What a swap-free account offers
- No swap or rollover interest charged on overnight positions
- Available on eligible account types on request
- Administration fees may apply on some instruments after a grace period
- Confirm eligibility and terms with FxPro support before applying
How to request it
Swap-free status is applied to eligible accounts on request. Contact FxPro support to confirm eligibility and any administration fees before applying.
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