{"id":1448,"date":"2021-11-22T04:15:16","date_gmt":"2021-11-22T04:15:16","guid":{"rendered":"https:\/\/tradingplatforms.com\/uk\/?page_id=1448"},"modified":"2024-03-13T15:16:42","modified_gmt":"2024-03-13T15:16:42","slug":"swap-free","status":"publish","type":"page","link":"https:\/\/tradingplatforms.com\/uk\/forex\/swap-free\/","title":{"rendered":"Swap Free Forex Brokers UK – Cheapest Platforms Revealed"},"content":{"rendered":"

Many FX traders today rely on Swap Free Forex Brokers <\/b>whether it be because of their trading strategy, rules they must follow, or just to better manage their trading. Initially intended for Muslim traders, forex swap free accounts have been getting more and more popular among all traders in general.<\/p>\n

With several swap free forex brokers out there, this article will help you find the right one for you with our swap free forex brokers lists, insights on swap in forex, and more.<\/p>\n

Swap Free Forex Brokers UK List<\/h2>\n

With just a handful of brokers that offer swap free accounts in the UK, we\u2019ve devised a list of platforms. Continuing down the article, you will get to better understand each swap free forex brokers\u2019 advantages, features, and other relevant information.<\/p>\n

    \n
  1. AvaTrade<\/b><\/a><\/li>\n
  2. Plus500<\/b><\/a><\/li>\n<\/ol>\n

    Swap Free Forex Brokers UK Reviewed<\/h2>\n

    1. AvaTrade<\/h3>\n

    \"AvaTradeswap<\/a><\/p>\n

    If you\u2019re looking for a swap free forex broker that lets you buy and sell forex options then AvaTrade platform is an option for you. AvaTrade is a popular forex broker<\/a> founded in 2006 and is internationally regulated. Users can trade forex, CFDs, and cryptocurrencies with zero commission, making AvaTrade another all-in-one platform as well.<\/p>\n

    With over 55 forex pairs from major, minor, and some exotic currency pairs, AvaTrade has plenty to show for itself. Given that it has zero commission fees, the platform becomes suitable for zero swap users who want to push the limits of no fees.<\/p>\n

    For the more advanced traders, AvaTrade has integrations with MetaTrader 4 (MT4) and MetaTrader 5 (MT5). With a simple interface and tools, AvaTrade\u2019s mobile app supports social and copy trading.<\/p>\n

    \"Forex<\/p>\n

    Furthermore, the AvaTrade platform is excellent for traders who love learning new strategies and ways to trade. The broker has lots of educational content available in its web and mobile portals. There\u2019s also a demo account available so that new users can use virtual equity to better understand the market movements.<\/p>\n

    To open an Islamic or swap free account with AvaTrade, a minimum deposit of 100 GBP is required. You\u2019ll first need to deposit that amount in a regular account and request to convert the account into a swap-free account. Their customer service is available 24\/5 and you can expect the conversion of your account within 2-3 business days.<\/p>\n

    \"Swap<\/p>\n

    The AvaTrade platform is regulated by both the FCA as well as the Australian Securities and Investments Commission (ASIC) among many more, meaning your capital is securely invested through AvaTrade. Despite being known for forex options trading, AvaTrade has many other features.<\/p>\n

    Avatrade fees:<\/h4>\n
    \n\n\n\n\n\n\n\n\n
    Fee<\/strong><\/td>\nAmount<\/strong><\/td>\n<\/tr>\n
    CFD trading fee<\/td>\nVariable spread<\/td>\n<\/tr>\n
    Forex trading fee<\/td>\nSpread. 0.9 pips for EUR\/USD<\/td>\n<\/tr>\n
    Crypto trading fee<\/td>\nCommission. 0.25% (over-market) for Bitcoin\/USD<\/td>\n<\/tr>\n
    Inactivity fee<\/td>\n$50 per quarter after three months of inactivity<\/td>\n<\/tr>\n
    Withdrawal fee<\/td>\nFree<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

    Visit AvaTrade<\/span><\/a><\/div>\n

    Sponsored ad. Your capital is at risk.<\/i><\/p>\n

    2. Plus500<\/h3>\n

    \"Swap<\/a><\/p>\n

    Boasting access to over 2000 CFDs across a wide range of different asset classes, Plus500 is the largest CFD provider in the UK. With competitive spreads, low costs, and a proprietary web platform in WebTrader, the Israel-based company gets a spot on our swap free forex brokers lists.<\/p>\n

    Founded in 2008, the platform has grown to allow trading in multiple different financial industries. With Plus500 you trade a large variety of equities such as:<\/p>\n