A swap-free account (sometimes "Islamic account") is a broker account that does not charge or pay overnight swap. Mechanically, that is the entire feature. Everything else around it varies broker-by-broker.
What it removes
The interest charge or credit applied when a position is held past the روزانه rollover. On a regular account this is calculated from the rate differential between the two currencies. On a swap-free account it is set to zero.
What it does not remove
- Spread.
- کمیسیون.
- Slippage.
- مارجین requirement.
- Leverage rules.
- کشور / ابزار restrictions.
What may replace it
Some بروکرها compensate for removed swaps by charging an "administration fee" or "holding fee" after a defined number of days. Some widen the spread on swap-free accounts. Some restrict swap-free to specific instruments. Read the شرایط.
Eligibility
Many بروکرها offer swap-free by default in certain countries; others require a request and proof of religion or residence. Some restrict it to a maximum holding period.
What swap-free does NOT certify
Swap-free is a financial feature, not a Sharia certification. Whether the resulting account satisfies Islamic-finance criteria for the trader is a separate سؤال. See the معامله حلال سلب مسئولیت.
بعدی ← steps on ShaFX
- رایگان trading calculators — position size, pip value, margin, risk/reward, drawdown.
- Take a quiz on this topic and see what شما missed.
- واژهنامه — precise definitions for every term used here.
- Compare بروکرها using our methodology.