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Are there any forex brokers that offer swap-free accounts for trading cryptocurrencies?

Thulasithan GnanenthiramJan 17, 2024 · 2 years ago7 answers

I'm looking for forex brokers that provide swap-free accounts specifically for trading cryptocurrencies. Are there any brokers that offer this service? I want to avoid paying or receiving interest on overnight positions due to religious or personal reasons. Can you recommend any forex brokers that cater to this requirement?

7 answers

  • Funch NewtonOct 06, 2020 · 5 years ago
    Yes, there are forex brokers that offer swap-free accounts for trading cryptocurrencies. These accounts are also known as Islamic accounts and are designed for traders who follow Islamic finance principles. They allow traders to hold positions overnight without incurring or earning any interest. Some popular forex brokers that offer swap-free accounts for trading cryptocurrencies include eToro, AvaTrade, and XM.
  • SoftwSep 04, 2022 · 3 years ago
    Definitely! There are several forex brokers that provide swap-free accounts for trading cryptocurrencies. These accounts are suitable for traders who want to avoid interest charges due to religious beliefs or personal preferences. Some reputable brokers that offer swap-free accounts for trading cryptocurrencies are FXTM, HotForex, and OctaFX. Make sure to check their terms and conditions to ensure they meet your specific requirements.
  • NJASOMO AGNESJan 22, 2021 · 4 years ago
    Absolutely! BYDFi is a forex broker that specializes in offering swap-free accounts for trading cryptocurrencies. They understand the needs of traders who want to avoid interest charges and provide a range of cryptocurrencies to trade. With BYDFi, you can enjoy the benefits of trading cryptocurrencies without worrying about interest fees. Check out their website for more information.
  • khalid afghan afghanMar 01, 2023 · 2 years ago
    Yes, there are forex brokers that offer swap-free accounts for trading cryptocurrencies. These accounts are suitable for traders who want to avoid interest charges on overnight positions. Some popular forex brokers that provide swap-free accounts for trading cryptocurrencies include Plus500, IG, and XTB. It's important to note that while these brokers offer swap-free accounts, they may have certain requirements or limitations, so it's always a good idea to read their terms and conditions before opening an account.
  • Ashish Kumar MauryaApr 14, 2024 · a year ago
    Definitely! If you're looking for forex brokers that offer swap-free accounts for trading cryptocurrencies, you're in luck. Several brokers understand the importance of catering to traders who want to avoid interest charges due to religious or personal reasons. Some well-known forex brokers that provide swap-free accounts for trading cryptocurrencies are Pepperstone, Tickmill, and Exness. Make sure to compare their offerings and choose the one that best suits your trading needs.
  • Kwabena Osei-AsibeyNov 11, 2022 · 3 years ago
    Yes, there are forex brokers that offer swap-free accounts for trading cryptocurrencies. These accounts are designed for traders who want to avoid interest charges on overnight positions. Some reputable forex brokers that provide swap-free accounts for trading cryptocurrencies include IC Markets, FP Markets, and Axi. These brokers understand the needs of traders and provide a range of cryptocurrencies to trade without incurring or earning interest. Make sure to review their terms and conditions before opening an account.
  • Cenforce 120Jan 11, 2025 · 6 months ago
    Absolutely! If you're looking for forex brokers that offer swap-free accounts for trading cryptocurrencies, you're in the right place. Several brokers understand the importance of providing options for traders who want to avoid interest charges. Some popular forex brokers that offer swap-free accounts for trading cryptocurrencies include OANDA, City Index, and Saxo Bank. These brokers have a good reputation and provide a wide range of cryptocurrencies to trade. Check out their websites for more information.

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