What Brokers Can Earn in "free Swap" Account?

[phi 10]

Hello traders...

 

I've been searching and learning about how free swap/islamic account.

There are a lot of advantages on trader's side but hows about the broker's side?

Is the broker also have advantages, disadvantages or nothing??

[Landser 10]

Simple: they have either commission fees or huge spreads instead.

[phi 10]

Simple: they have either commission fees or huge spreads instead.

 

hmm..but i found that even some brokers have free commission or small spreads..

[SIUYA 11]

hmm..but i found that even some brokers have free commission or small spreads..

 

probably best to give some examples or what you have found, and others may relate their experiences.

I think your free commission OR small spreads might give a clue.

Brokers are not in the business of doing things for nothing, they have to make money, and they do it somewhere.

[phi 10]

I found some from at this site Forex brokers with rollover-free (swap-free) accounts | No swap Forex brokers

 

there are brokers who offering islamic (free swap) account without commission fee..hmm but I didin't checked the spreads..

[Landser 10]

One of the 1st lines in your link:

Swap Free accounts subject to $10 overnight fee at 00:00 GMT time per Lot per open positions

 

hmm but I didin't checked the spreads..

I guess you would be surprised :embarassed: