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Old 04-02-2006, 05:52 PM
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mt4 brokers that doesn't charge swap point

do u know any broker that using mt4 as their trading platform but did not charge the swap point when we do overnight cause it's too big when we short gbp/jpy for long term which cost more than $20 per day.thx
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Old 04-02-2006, 08:41 PM
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You can just ask IBFX and you will get it. No questions asked...
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Old 04-03-2006, 07:23 AM
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i'm goin to ask them, but is ibfx is a big and reputable broker cause i'm just afraid to put my money into bad one.Cheers
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Old 04-03-2006, 11:33 AM
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i just did livechat with interfxbank representative and ask about waived the swap point for overnight position but she said, it's only for muslims.does anyone know other big and top brokers who doesn't charge swap point?? thx
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Old 04-03-2006, 03:25 PM
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fxtrader.net

fxtrader.net dosen't charge swaps. They said a while ago that they would be using MT4 but I don't know if they are using it yet or not. They also have the lowest spreads around that I have seen! Though I don't know anyone that has a live account with them yet, and I'd be interested to see if a live account is as good as a demo account as they say it does. They have 2 pip spreads on the majors and 3-5 on the crosses. If anybody knows anything about their live accounts post here.
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Old 04-03-2006, 05:25 PM
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finally, the northfinance allows to waive the swap point but one more concern that appear is the safetyness.is there no guarantee that the money that we put in are safe from bankruptcy etc in this kind of brokerage firm?.cause in northfinance if we put $50k then there will be bank guarantee certificate.any suggestions?
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Old 04-03-2006, 05:41 PM
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Quote:
Originally Posted by kucinx
i just did livechat with interfxbank representative and ask about waived the swap point for overnight position but she said, it's only for muslims.does anyone know other big and top brokers who doesn't charge swap point?? thx
Hmm I am not a muslim and I did get an swap free account.
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Old 07-10-2006, 10:28 AM
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??

Quote:
Originally Posted by smeden
Hmm I am not a muslim and I did get an swap free account.
Wassup with the muslim thing on this? I'm confused - I've read that a couple places and it seems "odd" to say the least.
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Old 07-10-2006, 10:39 AM
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Their religion says that they are not allowed to charge interest
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Old 07-27-2006, 10:01 PM
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Hi

Islam prohibits giving and recieving of interest in all circumstances. Therefore, almost all brokers allow interest free accounts for muslims.

If u r a manual trader, i recommend FXSol (www.fxsol.com) for u. They offer interest free accounts without any additional charges. I hve been trading with them for the past 2 yrs and the best thing about them is the 0 slippage. In over 500 days of my trading with FXSol, i havent experienced any slippage in any kind of orders. Please, i m in no way related with FXSol, i m just a retail trader with few thousand dollar account.

my 2 cents. regards.
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