Clients benefiting from interest/swap free accounts can hold their positions for an undetermined period of time without incurring any interest, however positions held for more than a week will be charged a holding fee of USD 25 per lot per week.
Islamic trading account conditions are offered for all account types, regardless of base currency or leverage offered.
The only determining factor to Islamic account eligibility is the religion of the client. Islamic accounts for speculative purposes are not tolerated. HYPER FX reserves the right to discontinue an Islamic/swap free account without warning. HYPER FX will revoke this right in cases of abuse/suspicion of abuse, in which case HYPER FX may at its sole discretion decide to close all open positions in the account and deduct or add the swaps that the transactions would have incurred under normal circumstances. This may also be done retroactively if assessed necessary.