Client eligibility
Residency, documentation and stated purpose can be considered during approval.
Overnight-financing alternative
Swap-free trading conditions
Understand the approval, instrument and account terms that can apply to a swap-free account.
Eligibility review No standard swap* Alternative charges may apply
Trading leveraged products involves significant risk.
Not a fee-free account
A separate approach to overnight positions.
On an approved swap-free account, standard interest-based overnight swap is replaced by the terms defined in the swap-free schedule.
Charges, grace periods, symbol restrictions, maximum holding periods or other controls can still apply. The structure should not be used to exploit price or funding differences between account types.
- Request approval during or after onboarding
- Confirm which instruments receive swap-free treatment
- Review holding-period and charge rules
- Monitor the account for status or product changes
- Obtain independent religious or legal guidance when needed
Account controls
What can affect swap-free status
Eligibility is monitored and can be changed when account activity or documentation no longer meets policy.
Product eligibility
Not every currency, metal, index or CFD is necessarily included.
Holding duration
A charge may begin after a defined grace period.
Trading behaviour
Abusive, arbitrage or funding-focused activity may trigger review.
Policy updates
Fee schedules and included instruments can change with notice under the agreement.
Independent guidance
DOYOS does not determine whether an account is religiously suitable for a particular client.
Before holding overnight
Check four items in the live specification
Do not assume a swap-free label removes every overnight cost.
| Check | Why it matters |
|---|---|
| Instrument inclusion | Some symbols can remain subject to standard financing or be unavailable. |
| Grace period | A fee may start after a specified number of nights. |
| Charge rate | The amount can vary by symbol, direction, volume and holding duration. |
| Triple-day treatment | Weekend settlement or a separate schedule may affect certain products. |
| Status review | Account eligibility may be monitored and withdrawn under policy. |
Questions answered
Swap-free questions
Confirm the live schedule before holding a position past rollover.
Is the account automatically swap-free?
No. A request and eligibility review can be required, and approval may apply only to specified accounts or instruments.
Can a fee be charged?
Yes. A non-interest service or holding charge may apply under the current schedule.
Does swap-free status cover every market?
No. Product eligibility can vary and should be checked in the portal or with support.
Can DOYOS revoke the status?
The status can be reviewed or removed if eligibility changes, documents expire or activity conflicts with the account policy.
Does DOYOS provide Sharia advice?
No. Clients should obtain their own qualified religious and legal guidance.
Confirm swap-free terms before trading.
Request eligibility and obtain the current instrument, grace-period and charge schedule.