Swap-Free Account
|
LucrorFX is glad to offer its Islamic clients swap-free accounts (accounts without swaps), as the Sharia laws prohibit swaps (extra rewards). Instead of swap expenses, Clients with swap-free accounts are charged with a fixed commission, which is dependent only on the type of a currency pair and a number of open positions, but not on the banks’ interest rates.
Swap-free accounts, which are also known as “Islamic accounts”, are available for all clients who prefer commission over swaps. |
||||||||
| Commission for Swap-free account | ||||||||
|
||||||||
| Note | ||||||||
|
** The commission (USD) specified in the table is for 1 standard lot. The total daily commission is the commission for 1 lot multiplied by a number of lots. The commission is taken off the account every day, at 12 a.m. server time.
|
||||||||
