FBS created swap-free accounts for residents of Islamic countries. No more daily crediting, funds withdrawal, or losses on swap-operation
AtoZForex Approved Reliable Broker, created FBS swap free accounts for Muslim traders. No more daily crediting, funds withdrawal, or losses on swap-operations.
FBS is an international broker with more than 9 years of experience in Forex trading and numerous awards in different nominations. 6 million traders all over the world choose FBS as their broker for many reasons. The main one is that FBS is always by clients’ side!
As a reliable broker, FBS offers its clients the best trading conditions and services. One of them is Swap Free Account – created specially for our clients in Islamic countries. Try it yourself and see – FBS is the best option for you! Read the details below:
FBS SWAP-FREE accounts for Muslim Traders
Good news for those who don’t want to pay SWAP! FBS presents a SWAP Free service!
SWAP is the fee for holding a position overnight. It is formed on the basis of interest rates of the central banks in those countries, whose currencies you are trading. Swap-free accounts imply no daily charges of swap commission (positive or negative). So, the client doesn’t get any extra income or suffer negative profit.
Learn the Swap Free account features from FBS.
Why is it good for you?
It eliminates any additional fees and simplifies the implementation of long-term trading strategies because your SWAP is always equal to 0 regardless of your transaction way.
How it works?
When trading the EUR-USD currency pair, you borrow USD to buy EUR. Let’s suppose the American Central Bank interest rate is 1.5%, and the deposit rate of the European Central Bank is 0.5%.
If you borrow $100,000 from the Central Bank of America to deposit €95,000 to your account in the Central Bank of Europe, then each time transferring positions through midnight you’ll pay 1.5% rate for your loan in the Central Bank of America and receive 0.5% interest on your deposit in the European Central Bank.
If you don’t want to deal with all these difficulties, activate our SWAP Free service and trade with pleasure and comfort!
Risk Warning: Trading leveraged products such as Forex and CFDs is risky and you may lose all of your investment.
TERMS AND CONDITIONS
For the full list of terms and conditions, please visit: https://fbs.com/promo/swapfree