Swap Free Forex Accounts
Swap Free Forex Accounts
Swap Free Forex trading accounts permit clients of Islamic religion to trade on interest free accounts, Swap Free or Roll Over Fee Free with no extra charge or penalty for the ability to trade in adherence with Islamic religious principles. Clients can open and close positions at any time within the TadawulFx Metatrader 4 system without being constrained to holding them for a defined period.
The Swap Free Forex trading accounts offered by TadawulFx are not the same as the Islamic Accounts generally offered by other Forex companies. They differ based on the fact that TadawulFx offers SWAP free accounts with no other additional charges, whereas most other companies transfer this fee by widening the spread on Islamic Accounts. In order to abide by Islamic religious beliefs, one must not pay interest but if that interest charge is transferred to a different type of fee, it is basically still a charge to cover the interest. This is also referred to as a SWAP fee in disguise. Tadawul FX does not do this, again demonstrating that TadawulFx offers fair and ethical trading conditions.
Swap Free Forex trading accounts permit clients of Islamic religion to trade on interest free accounts, Swap Free or Roll Over Fee Free with no extra charge or penalty for the ability to trade in adherence with Islamic religious principles. Clients can open and close positions at any time within the TadawulFx Metatrader 4 system without being constrained to holding them for a defined period.
The Swap Free Forex trading accounts offered by TadawulFx are not the same as the Islamic Accounts generally offered by other Forex companies. They differ based on the fact that TadawulFx offers SWAP free accounts with no other additional charges, whereas most other companies transfer this fee by widening the spread on Islamic Accounts. In order to abide by Islamic religious beliefs, one must not pay interest but if that interest charge is transferred to a different type of fee, it is basically still a charge to cover the interest. This is also referred to as a SWAP fee in disguise. Tadawul FX does not do this, again demonstrating that TadawulFx offers fair and ethical trading conditions.
