Swap-Free (Islamic) Trading Account Features at a Glance
No interest/swap adjustments on overnight positions
No spread widening or specific up-front commissions
Option to open an Standard, Premium, Pro account as an Swap-Free Account
Same trading conditions as on all trading accounts
Unrestricted access to all trading instruments
No restrictions on trading styles, strategies or use of Expert Advisors
Swap-Free Forex Accounts do not pay or earn swaps or interest on any CFDs on currency pairs, indices, metals, stocks, cryptocurrencies.
Any trades open with a holding period of more than 3 days are charged a flat administration fee. Administration fees for all instruments can be viewed here.
Click here to access the terms and conditions governing the use of the Swap-Free Account at AbileXAG.
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FIND OUT MORE ABOUT OUR SWAP-FREE ACCOUNT
If you have questions about our Swap-Free Account, we have the answers! Check out our Frequently Asked Questions. If you don't find the answer you`re looking for, contact us via live chat or through email [email protected]
The AbileXAG Swap-Free Account has been designed for Forex and CFD traders who are unable to receive or pay swaps due to their religious beliefs or specific trading needs.
In order to open a live Swap-Free Account, clients need to open a Standard, Premium or Pro account and contact our Support Team via email at [email protected]
As soon as you receive confirmation that your live account is open, you can initiate your first deposit via Personal Cabinet using your preferred deposit method.
You can request a withdrawal of your funds at any time via the Personal Cabinet. We normally process withdrawal requests from 1 to 24 working hours depending on the withdrawal method.
All clients who use a Swap-Free Account will be charged standard spreads and the administration charge.
There are no swap or interest charges. We apply an administration fee justifiable for administration of related expenses to manage your account.
In order to provide fair and transparent access to global markets, AbileXAG has to pass on the costs associated with maintaining their open positions. All our liquidity providers charge certain fees to keep positions open and this cost is passed onto clients via the administration fee.
AbileXAG calculates and applies the administration fee at 00:00-00:01 (GMT+3) on all open positions on all swap-free trading accounts from Monday to Friday.
If you are a new trader, AbileXAG offers a range of education options to get you started. These include hundreds of free articles
, Video Guides in different languages as well as Trading Strategies and Guides.