SWAP-FREE ACCOUNTS

Traders of Muslim faith can take advantage of our swap-free trading accounts.

OPEN LIVE ACCOUNT

VANTAGE FX SWAP-FREE ACCOUNTS

Vantage FX is proud to be one of the few Forex brokers to offer a swap-free trading account.

The Vantage FX swap-free accounts have been tailored for Forex traders who are unable to receive or pay swaps due to religious beliefs. Both our Swap-Free Standard STP and Swap-Free RAW ECN accounts allow all traders the ability to capitalise on Vantage FX’s institutional grade liquidity, streamed from the world’s largest institutions, direct to MT4.

What is an Swap-Free Account?

Vantage FX Swap-Free Accounts incur no swaps or interest charges on overnight positions. Instead, the account holder is charged an administration fee on positions which is deducted from the balance of the account.

CHOOSE FROM

300+

Tradable assets

SWAP FREE
STP AND ECN

Gold and Silver

Vantage FX is proud to be able to provide traders of the Muslim faith with access to both Gold and Silver CFDs that can be traded without incurring any swap or interest fees for positions held overnight or over the weekend.

START TRADING WITH

$200

Minimum deposit

UP TO 500:1
LEVERAGE
Experience our
spreads today
FOREX INDICES COMMODITIES
symbol
BID
ASK
SPREAD
EURUSD
AUDUSD
GBPUSD
USDJPY
SPI200
DAX30
SP500
DJ30
CL-OIL
XAUUSD
XAGUSD

Oil

In order to make our Oil CFD compliant for our Swap-Free clients, our prices are tied to the price of Oil Futures from exchanges around the world without accruing any positive or negative swaps. Tap into volatile Oil trading markets today.

AWARD-WINNING

24/5

Customer support

UP TO 100:1
LEVERAGE

Indices

Instantly access 13 global indices without collecting any swaps. Instead, an administration fee is credited to, or deducted from your account balance. Start trading the world’s most liquid stock exchange indices now.

FUND AN ACCOUNT

9

Different ways

STRICT
COMPLIANCE

Forex

Trade the Forex market with our Swap-Free account. Fully compliant to the religious needs of members of the Muslim faith, Swap-Free account holders will not be charged daily swaps. Trade the Forex market swap-free anywhere, anytime.

ACCESS

40+

Forex pairs

SPREADS FROM
0.0 PIPS ON FX

US and Hong Kong Share CFDs

Our US and Hong Kong listed share CFDs are all tradable through our Swap-Free STP and RAW ECN accounts on MT4 & MT5 . As one of the only brokers who offer such a huge range of share CFDs, it has never been a better time to trade with Vantage FX.

START TRADING

100

HK & US listed companies

BUY AND SELL
SHARE CFDS

COMPARE FOREX TRADING ISLAMIC ACCOUNTS

The Islamic Standard STP Account is swap-free, and instead has a small administration fee for overnight positions. Perfect for Islamic traders who want simple, direct market access with no commissions

Swap-Free
YES
Platform
MetaTrader 4
WebTrader
Mobile Apps
Execution Type
STP
Range of Markets
40+ Currency pairs
13 Indices
20 Commodities
100 Share CFDs
Minimum Deposit
$200
Minimum Trade Size
0.01 lot
Leverage
Up to 500:1
Spreads from
1.4 pips
Commission
$0
$2.00 AUD per lot rebate?
YES
Account Base Currencies
$ AUD $ USD
£ GBP € EUR
$ SGD $ CAD
 

The Islamic RAW ECN is designed for the experienced Islamic trader who requires deep liquidity and razor sharp spreads. Instead of charging swaps there is a small administration fee deducted

Swap-Free
YES
Platform
MetaTrader 4
WebTrader
Mobile Apps
Execution Type
ECN
Range of Markets
40+ Currency pairs
13 Indices
20 Commodities
100 Share CFDs
Minimum Balance
$500
Minimum Trade Size
0.01 lot
Leverage
Up to 500:1
Spreads from
0.0 pips
Commission
$3.00 per lot per side
$2.00 AUD per lot rebate?
NO
Account Base Currencies
$ AUD $ USD
£ GBP € EUR
$ SGD $ CAD
 

ISLAMIC FOREX ACCOUNT FAQS

How can I open a Vantage FX Swap-Free account?

In order to open a live Swap-Free account, clients must complete a simple online application form and provide the requested ID documents.

How can I deposit funds into my Vantage FX Swap-Freeaccount?

As soon as our accounts team opens your live Vantage FX Swap-Free trading account, clients can initiate their first deposit by simply going to our secure Client Portal. The Client Portal allows the client to choose their preferred deposit method.

How are the funds segregated and ring fenced in Vantage FX for swap-free accounts?

We have separate accounts which never mingle with conventional funds.  All clients funds are held in a segregated account with Australia’s AA rated National Australian Bank (NAB).

How can I withdraw my funds from Vantage FX Swap-Free accounts?

Vantage FX clients can request withdrawal of their funds anytime by accessing their Client Portal and lodging a withdrawal request. All withdrawal requests are processed once a day around 1pm AEST. Any withdrawal request received after 1pm Sydney time is automatically processed the following business day around 1pm AEST.

What fees and charges apply to Vantage FX Swap-Free accounts?

Our Vantage FX Swap-Free account will be charged Standard STP spreads or Raw ECN spreads on all Swap-Free accounts.

In order to provide fair and transparent access to global markets, Vantage FX has to pass on the costs associated with maintaining their open positions. All our liquidity providers charge certain fees to keep positions open and this cost is passed onto clients via the daily Administration fee.

Vantage FX calculates all administration fees exactly at 0:00 platform time on all open positions on all Swap-Free accounts. The administration fee itself is then applied at 1:00am platform time.

How are trades processed on a Vantage FX Swap-Free account?

The client places the trade and Vantage FX transfer the trade to a liquidity provider.  This means that the client’s trade always has an effect on supply/demand as it is a position in the real market. Clients can be assured that they are trading real prices and affecting prices via supply demand with their own positions.  The client is always responsible for the effect that his order has on the underlying market.  Positions, even small during times of low liquidity, can move the market.  The client has full ownership of his trade and its effect.

How are trades executed on Vantage FX Swap-Free accounts and is there actual possession (Qabdh) of currencies?

Vantage FX guarantees absolute transparency in trading. Whether you trade Forex, Commodities or Indicies, with our Swap-Free account you can be assured that all our pricing comes directly from Liquidity Providers, and thus be assured your trading and trading exposure are real.

Are there always Liquidity Providers (LP) involved in your trading model?

If a broker does not use LP’s to access the interbank market then they are a market maker and there is a direct conflict of interest between broker and trader. The account balances of all these different currency denominations are held within our segregated bank account.  In our case this is with the National Australia Bank (NAB).  These funds then allow the client to trade up to 50 currency pairs via our liquidity providers. Yes there is always possession and we serve on your behalf as agent (Wakeel) to take possession on your behalf. This is also known as A-Book broker model.

Fast & Easy Account Opening

  • Register

    Choose an account type and submit your application

  • Fund

    Fund your account using a wide range of funding methods.

  • Trade

    Access 300+ instruments across all asset classes on MT4 / MT5

open live account