We’re happy to announce that starting today, the charges for using classic.mt4.swapfree accounts will be decreased.
Swap-Free account holders pay a fixed commission instead of swap, which depends not on a bank’s interest rates, but on the currency pair and number of open lots. The minimum commission per lot on these new accounts has decreased: the commission is now $3 per lot for Majors, $5 for Cross Rates and Metals Spot and $10 for Minor & Exotics.
These new accounts will be of interest to traders who prefer commission over swaps, as well as to our Muslim clients, since the Islamic Shariah Law forbids trading with swaps. Alpari, as always, strives towards making the Forex market accessible for everyone.