Swap-free account brokers

[fargana]

Hi,

Can you suggest brokers that offer the best (cheapest) swap-free accounts? Regarding the way how it works, are the swaps are replaced by some other fixed pee or brokers simply stop charging swaps when you switch to that type of account?

 

[Lee-me]

Don't risk Simply search for swap-free accounts on the internet.

 

[rmufti68]

There are many brokers offering swap free accounts and i have also noticed that some of those brokers usually give swap free accounts on default basis to the residents living in Muslim majority countries.

 

[CallahanSinclair]

Swap-free accounts are great for avoiding interest, but they can come with higher spreads or fees. Just something to keep in mind when choosing one!

 

[fargana]

I found swap free accounts from HFM, Tickmill and Exness. They all state they are swap-free but how to understand which one is better or cheaper?

 

[Enivid]

I found swap free accounts from HFM, Tickmill and Exness. They all state they are swap-free but how to understand which one is better or cheaper?

Just compare their commission sizes. Besides, cheaper isn't always better. You have to consider whether they offer the trading instruments you'd need, what is the quality of their execution, do they accept your preferred payment methods, etc.

 

[Antho]

Hi,

Can you suggest brokers that offer the best (cheapest) swap-free accounts? Regarding the way how it works, are the swaps are replaced by some other fixed pee or brokers simply stop charging swaps when you switch to that type of account?

Swap-free can be useful, but I'd also strongly recommend paying close attention to the spreads. Brokers often widen them to compensate, so overall costs might not be lower.