❌ Current Policy:
TradersFlow does not offer swap-free accounts (also called Islamic accounts).
🔍 Why? 3 Simple Reasons
Brokerage Partnerships:
We partner with brokers who charge swap fees for overnight positions.
Removing swaps would require renegotiating all broker agreements.
Cost Management:
Swap-free accounts cost brokers more to operate.
These costs would be passed to traders via:
Higher commissions
Wider spreads
Stricter trading rules
Fairness for All Traders:
Offering swap-free accounts would create two pricing tiers:
Standard accounts (lower costs)
Swap-free (higher costs)
We prioritize equal conditions for every trader.
💡 What This Means for You
Strategy | Impact | Solution |
Day Trading | No swaps (close positions daily) | ✅ Zero fees |
Swing Trading | Swap fees apply overnight | ✓ Factor $0.50-$5/lot/day for major pair |
Long-Term Holds | Highest swap costs | ❌ Not recommended |
⚖️ Swap Fee Example (EUR/USD)
Trade Size | Hold Time | Approx. Swap Cost |
1 lot | 1 night | -$5.50 (long) / +$2.30 (short) |
1 lot | 1 week | -$27.50 |
5 lots | 1 month | -$121 |
Note: Swaps vary by daily basis.
🌟 Alternatives to Avoid Swaps
Trade Intraday: Close positions before market close (5 PM EST)
Focus on Indices/Commodities: Often lower swap rates than forex
Use Weekend Gaps: Hold Fri→Mon? Only 1 swap charge (Friday's)
🔮 Future Possibility
We're exploring swap-free options – but only if we can offer them without raising costs for other traders.
💡 Tip: In MT5, tape the symbol → "Details" to see swap rates before trading!