Demo Account Guide
Demo Account Guide
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Does it offer swap free account?

L Lahoma Rojas South Africa Nov 20 2022

Does TMGM offer a swap-free account? If yes, then what kind of asset is available in the swap-free options? And, how do I apply for a swap-free account in TMGM? I am very interested in trading several indices, as well as forex (both major and minor pairs). But, it will be a huge problem if there isn't a swap-free option available for these trading instruments.

M Marcos
Malaysia Jan 24 2024

@Lahoma Rojas: Certainly, TMGM provides the option of a swap-free account across all the account types they offer, encompassing both Classic and Edge variations. However, it's important to emphasize that the swap-free account feature is exclusively extended to Muslim traders. Non-Muslim traders, unfortunately, are not eligible to access this facility. If you adhere to the Muslim faith, you can request to join the swap-free account by reaching out to the customer support team, ensuring you have the necessary documents or ID validating your Muslim identity. It's noteworthy that opting for the swap-free account at TMGM means you won't incur swap fees on all your trades and assets, including Forex and Indices. Keep in mind to stay vigilant about any potential administration fees that may be applied. This information is intended to assist you, and remember to be mindful of the associated administration fees in the process!

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