Forex brokers with no overnight interest

Why Do Forex Brokers Pay or Take Overnight Interest? With most Forex brokers when you leave a currency pair position open over the night, you will get a swap or.
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But surely everything depending on the trading strategy particular trader perform, which is solely a respective own choice. Recently, many traders choosing this type of account, primarily traders following Muslim belief , as per the Shariah law requirement they are not allowed to use long-term trading. Thus a quite many of the leading brokerage companies offering Swap free Accounts, as the demand increases and including specific features to their portfolio.

Nevertheless, the true nature of a trading account may be guaranteed only in case the broker is well-regulated by the industry authorities respected worldwide. In other way, the broker may easily fake trading environment and left you with nothing but losses. If you register in a broker that provides a swap-free account as a particular type of account, then make sure you observe and pay attention to its terms and conditions, and make sure that they are not in contrast with your trading conditions.

Other than the four rules stated above, many other policies can be applied by a forex broker specifically. For example, FXTM doesn't provide swap-free for exotic pair trading, ThinkMarkets does a particular monitoring method to prevent abuses especially by scalpers , and many more. For more details and the complete list of forex brokers offering swap-free trading, visit this page.

Very disappointed when trading on fxtm, the candlestick chart is not the same as the default mt4 chart. Because of that, I got hit by an MC. It's not about the money, it's about trust. Please improve your service immediately. I only trade a small amount yet still cheated. Can't imagine if I deposit a big amount of money. I trade with 2 brokers, one of them is FXTM. I check my account on another broker, it hits the take profit. Which made me feel weird because on fxtm the price is up to 1. When I calculated, my account balance supposed to still strong, but in reality, my account is in minus.

Hi, just want to share about MT4 trading on fxtm, it's been around 7 months and during that time, I've never experienced freeze on its mt4. Nice job. And for my account manager, thanks for the support. Success for FXTM. When NFP released, my account at another broker is crashed, it couldn't be executed. There was a completely dead, just can't log in. Just a little experience, for those who like Scalping, ECN accounts on fxtm is recommended. It has a fairly low spread and execute on MT4 very fast.

This is what I like. A little testimonial for FXTM. Yesterday, I withdraw on cent account, in 10 Minutes, the fund already landed on my Fasapay account. Excellent support.

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I have accounts at 4 brokers, one of them at FXTM. FXTM broker is quite good in my opinion, specifically for customer support and my account manager who has been very helpful to me when there are problems with my account. Its trading features are easy and very helpful, for example, free of swaps and without commissions and without any hospitalization fees or fees except for very small spreads.

Again, I also really experience FXTM, this international broker based in Cyprus is very responsible and takes into account the interests of its clients and traders. Yesterday morning, I was shocked that gold fell and the account had lost USD 1, This is very impressive, and this is the first time I've experienced it.

Thanks FXTM. Proficiat for new offices in the UK. And I have experienced it myself. I hope this will be useful info for other traders. After a couple years trading with other brokers it has is refreshing to be dealing with an honest, professional team.

Swap Free Accounts & Islamic Accounts in Forex Trading - Guide for

Their support team is very friendly and responsive. I would recommend ThinkMarkets to any trader. I lost hope after they closed all my profiting trades and when I check the trading history, there's no trades showing up it like I didn't open any trades. When I talked to live support they said I had trades opened but they were all closed because of margin call.

That's really wierd and suspicious. So many questions about this broker. After a few good trades the broker encouraged me to increase my account balance. He then reccomended some trades in silver tipped by their expert in commodities. I questioned the trade size but was assured it was safe. Then the trade was stopped. I wonder whether this breaches the code for treatment of retail clients. I read online reviews that think markets customer service is poor. But when I tried to connect with them, I connected within 1 minute.

The representative assisted with every questions I had. ThinkMarkets is one of the best brokers going around, they are a hidden gem given they aren't well known. They have consistently good spreads and execution, currently doing a lot of indices thru them, DAX GER30 being my bread and butter. I've moved on from another broker who offers tighter spreads but very very poor fills.

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I didn't have time to be complaining after every poor fill or chasing them up to process my withdrawal request so I shopped around. ThinkMarkets has been a breath of fresh air and great for me. They get my vote of approval. Excellent suport and human quality and service to client.

Hoping really a fluently proccess of fundings and other optimizations related to customer services. I am familiar with many trading companies and what they offer and was happy to see ThinkMarkets and on TV a few days ago before the Presidents speech, I felt excited to see a trading company advertised on TV and was ready to dive right in but couldn't only because I found out that they dont have negative balance protection for South African.

I'm so sad I hope that this can change in the near future, I would love to be a customer. Fast withdrawals and good execution. They are super.

What happens when I leave my Forex positions open overnight?

Great broker. Good spreads and great customer service. My relationship manager is very helpful. Super quick withdrawals which is a pleasant change from my other brokers that hold up my withdrawals for all sorts uncomprehendable reasons. I have an issue with my account and trading platform. Then after contacted their support, not waiting for a long time, my problem is solved. Such a good work.


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They have been very good to me. I started trading with ThinkMarkets because they were the only broker who offered cryptocurrencies trading but now I am also trading FX and Metals. Very convenient to have everything in one place. I have been trading with Think Markets. The account opening process with Think was pretty straightforward and depositing funds was easy. I tested withdrawing some funds so that I could trust their processes and these were returned to me within 24 hours which boosted my confidence in Think. Customer Service is great but there was a little confusion re Cyrpto Currencies at the end of last year hence i'm not at this stage going to give 4 stars but they seem to have now wrinkled out any product offering issues.

Trading reliability is good with pretty accurate order fills and reliable systems. Product range could be greater but there is enough to keep me busy at this stage. I was encouraged to share my opinion as the last reviewer has some issue with withdrawal as well so I feel not alone with the issue. If you want to practice on small amount and not expected to win this shop is right for you, but if you go big and profitable find another one.

This is not for profitable players. Opened an account to trade stock CFDs, i thought they must have had a promotion on as they do not charge any commissions what so ever for trading stocks. I did contact one of their reps and they confirmed that commission free on stocks was here to stay. It's great, i can trade as little or as much as i want without getting hit with commission tickets and go long or short. For the past month I've been day trading US stocks, the volatility has been great and i can be in and out of trades all the time. They do need to increase the number of stocks they do as it is limited to the big names only.

I've also started hedging via their US indexes, still trying to find the perfect strategy! When it comes to spreads, they are no 1. They have an amazing suppor too. I have no issues with them until now. I have a mini account for testing trading strategies, for about 2 years everything went very well.

I completed a request for investigation, promptly and fairly they confirmed that the trades were erroneously opened due to AUDUSD spike and they refunded me. I stopped trading just because it wasn't suited, I mostly placed buy stop orders that were risky at spikes.