Advanced

Swap-Free Account

Definition

An Islamic trading account that doesn't charge or pay overnight swap interest, complying with Sharia law's prohibition on interest (riba). May have alternative fees.

Example

Muslim traders use swap-free accounts to hold positions overnight without incurring interest charges.

Explore More

Learn Trading with SignalPro

518 trading terms, 311 lessons, and AI-powered signals — all free to start.

Download Free