Exness: What are the swap-free and swap point levels of Exness? FX eligible accounts and features List of conditions

Exness offers standard swap-free and extended swap-free accounts. These are true to their name and do not charge swap points. It is especially recommended for those who do long trades because it is a very big advantage.

Exness: What is an Exness Islamic account? Features, leverage, account types, and swap-free list

Exness is an FX company that provides services worldwide. It offers swap-free trading on financial products, which is why it has users of various races and religions. For Muslims, there is an Islamic account, and you can open an account by applying.

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2024.08.19

What are swap points in Exness?

Swap points are the interest rate difference between the currencies of two countries, and the difference is earned or deducted every day. Due to the difference in interest rates between buying and selling, trading over multiple days can result in positive or negative unrealized losses. For details on calculations, there is a calculator available under “Tools” on the official website. You can calculate major currencies such as USD, JPY, and EUR, precious metals, and CFDs. There are also margin tools. Long-term traders need to be constantly conscious. Each tool can be used even on Saturdays and Sundays. Please note that on Wednesday, the points will be tripled in one day. Swappo points will not be awarded on Saturdays and Sundays.

currency pair swap points

At Exness, swap points are generated according to conditions for each stock. Please check as it is determined by area and stock. Among many FX companies, Exness holds a license from the Financial Services Agency, so safety is guaranteed. Please refer to the list below as an example. You can trade from the appropriate platform.

Precious metal swap points

As a system, swaps are automatically applied to items other than FX currency pairs. You can check the swap data at the top of the official website. Be sure to calculate the profit and loss for the swap associated with management before deciding the size of the product transaction.

Virtual currency swap points

Stock index swap points

What is swap-free?

Swap-free is an option that does not involve any swaps to carry over positions. This plan is absolutely not applicable to general account types. There are no positive or negative swap points, so long traders can trade without hesitation. However, this swap-free policy basically only applies to Muslims.

Why are Muslims swap free?

Only Muslims can apply this swap freestyle. FX brokers generally offer Islamic accounts. According to the precepts, Muslims are prohibited from giving or receiving interest. For religious reasons, Muslims cannot trade unless they have a swap-free account.

Swap free account

Although it may be rare for other FX companies, Exness offers swap-free accounts. It is also introduced on the official website, and most financial products (including crude oil, Bitcoin, etc.) do not generate swap points. In return, the spread is variable but wider. Swap-free accounts are easy to open and will be reflected if you are a Muslim. Investors can participate in campaigns using the same system as regular accounts.

Islamic account

In Islam, swap points are prohibited from being incurred in commercial transactions for religious reasons. Exness has an account type exclusively for Muslims, which can be opened by having the support center manually set it up. You can deposit and withdraw freely regardless of the situation, and you can handle a large number of them. You can also ask support for information. It is recommended and profitable because it handles many indexes and currency pairs in the industry. The conditions for orders are the same, and since it is an investment, there are also risks. Aim for the maximum profit with your order.

Standard swap free

Standard swap-free is applied at the time of account opening. By achieving a certain trading volume, there is a preferential plan with more swap-free stocks. Standard swap-free is only available for gold, virtual currency, and stocks. This is a partial list, so new users should be careful. You can also contact support from the home page. Unlimited leverage keeps costs down, so it is also recommended for professionals. Since losses due to swaps are low, they can be carried over into the contract.

Extended swap-free

As mentioned above, if you trade a certain amount of money in the standard swap-free plan, you will be given preferential treatment to the extended plan and will be able to open an account. The extended swap-free plan is not only swap-free for gold, virtual currency, and stocks, but also for the following stocks. The terms of the extended swap-free plan are not currently published by securities companies. Customers can trade foreign exchange on the screen. It is an account with good specifications.

Overall, from major currencies to exotic currencies such as EURJPY, GBPJPY, EURUSD, GBPUSD, AUDJPY, USDCHF, AUDNZD, EURCAD, EURNZD, AUDUSD, EURCHF, EURGBP, GBPNZD, NZDUSD, HKDJPY, CADJPY, CHFJPY, MXNJPY, NZDJPY Adopted in pairs.

Swap free level change and confirmation

Swap-free (fee) changes cannot be made by users. The identification of the current swap-free level can be found on the merchant’s personal account page. Log in and click Settings. Both major and minor currencies may affect investment settlement (short or long), so do it when you have time.

You can check it by clicking on the swap free level.

Open a free account

To trade swap-free, you will need to open an account. Opening an account with the operating company is free of charge. Please use the article below as a reference. Adjust the lot according to your funds and environment. Depending on financial market rates and timing, results and damages may occur. Be sure to check the FAQ and terms of use before using.

Exness 2024 Latest Edition: How to open an Exness account and the latest information

This article explains how to open an account with Exness, the steps to trading, points to note, and documents with images for each procedure page. Exness is a very popular FX broker in the world. Many traders around the world have registered accounts, making it very popular. To start trading with this FX company, you must first open an account. Let's introduce the account opening method and procedure.

www.worldforexintroduction.com

2024.10.07