Swap-free accounts offer traders in Vietnam a fair alternative for overnight trading. Swap-free accounts allow you to hold trades overnight without interest being added or deducted. Many brokers now support these accounts, giving local traders more freedom to trade ethically.
In our guide, we’ll cover these topics:
- Are swap-free accounts suitable for all trading styles?
- 8 Best Swap-Free Account Brokers in Vietnam
- Common misconceptions (and the truth) about swap-free trading
- Final thoughts on swap-free trading in Vietnam
- Frequently Asked Questions
Every broker featured in this list has been reviewed for reliability, transparency, and swap-free account quality. Each one holds valid regulation and provides platforms suitable for Vietnamese traders.
Factors like funding options, customer support language, and ease of verification were also examined.
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Side-by-Side Comparison: 8 Best Swap-Free Account Brokers in Vietnam
| 🥇 Broker | 👉 Open Account | ✔️ Vietnamese dong (VND) Account? | 💰 Minimum Deposit? | 💸 Vietnamese dong (VND) Deposits Allowed? |
| JustMarkets | Open Account | Yes | $10 (263,250 VND) | Yes |
| Tickmill | Open Account | No | $100 (2.6m VND) | No |
| XM | Open Account | No | $5 (131,625 VND) | Yes |
| AvaTrade | Open Account | No | $100 (2.6m VND) | No |
| Exness | Open Account | Yes | $10 (263,250 VND) | Yes |
| Axi | Open Account | No | $5 (131,625 VND) | Yes |
| HFM | Open Account | No | $0 | Yes |
| BDSwiss | Open Account | No | $10 (263,250 VND) | Yes |
Are STP brokers safer for new traders in Vietnam?
Yes, they usually are, but only to a certain extent. STP brokers use a no-dealing-desk model, which means your trades go directly to external liquidity providers instead of being handled internally.The setup reduces the broker’s conflict of interest and often results in more consistent pricing and execution. It helps reduce the chance of sudden requotes or dealer interference that can affect outcomes.However, being “safer” doesn’t mean risk-free. You still trade leveraged CFDs, and that product alone carries significant risk regardless of the broker model.
Data from the UK’s Financial Conduct Authority shows that around 75% of retail CFD traders lose money, even under stricter rules that include leverage caps and negative balance protection.
In Vietnam, choosing an STP broker is a smart move if you want fairer pricing and less manipulation, but you still need to look at the details. A reliable STP broker should provide negative balance protection, transparent margin policies, and execution data that shows minimal slippage.
Are swap-free accounts suitable for all trading styles?
No, swap-free accounts do not suit every trading style. They are helpful for traders who avoid overnight interest for faith-based or cost-management reasons, but they can limit flexibility for certain strategies.
These accounts remove overnight swap charges, but brokers often balance that out through slightly wider spreads, higher commission structures, or fixed administrative fees on specific assets.
For traders who hold positions for several days or weeks, the swap-free model often works in their favour. Avoiding daily rollover costs helps protect profit margins, especially in volatile currency pairs.
This is one reason many long-term forex and commodities traders prefer swap-free accounts when funding efficiency matters.
Short-term traders, such as scalpers or day traders, rarely keep positions open past market close.
Since swaps are only charged overnight, they gain little from this setup and may end up paying more through alternative pricing models. For them, a standard account often offers better overall value.
8 Best Swap-Free Account Brokers in Vietnam
- JustMarkets: Fast execution and high leverage suit traders.
- Tickmill: Razor-thin spreads with transparent pricing offered.
- XM: Strong protection and multilingual support enable trading.
- AvaTrade: Multiple platforms available with permanent swap-free.
- Exness: Instant withdrawals and competitive spreads aid traders.
- Axi: MT4 performance and low deposits support trading.
- HFM: Global regulation and flexible leverage benefit traders.
- BDSwiss: Research tools and dynamic leverage support clients.
1. Just Markets
 | Minimum Deposit: $10 Regulated by: FSA, CySEC, FSCA, FSC Leverage: Up to 1:1000 |
Overview
JustMarkets’ Islamic Account gives you access to leverage of up to 1:3000 and access to MT4, MT5, and several global markets with low spreads and fast execution.
Unique Features
| Feature | Information |
| 🕌 Swap-free eligibility | Available to Muslim clients upon request with documentation verifying Sharia adherence |
| 💱 Admin fee or holding period | No swaps charged on eligible assets; some commodities (energy) retain standard fees |
| 📊 Account types supporting swap-free | Standard Cent, Standard, Pro, and Raw Spread accounts on MT4 and MT5 |
| ⚖️ Leverage | Up to 1:3000 |
| 🪙 Minimum deposit requirement | From $10 on Standard accounts |
| 💻 Trading platforms | MT4, MT5, and the proprietary JustMarkets App |
| 🧾 Fees and commissions | Spread from 0 pips on Raw Spread accounts, $3 per side per lot on Raw accounts, zero commission on Standard types |
| 🏦 Deposit and withdrawal methods | Local transfers, bank cards, and e-wallets |
| 🌍 Regulation and client protection | Operates under FSA, CySEC, FSCA, FSC, and BVI FSC; negative balance protection and fund segregation |
| 🗣️ Language and client support | 24/7 multilingual support |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Leverage up to 1:3000 for flexible margin management | Documentation required for Islamic account approval |
| MT4, MT5, and mobile app compatibility | Energy commodities not included under swap-free terms |
Frequently Asked Questions
How can Vietnamese clients activate swap-free trading on JustMarkets?
Once an account is created, you can submit a request to customer support and provide proof of eligibility for Islamic conditions.
Is the JustMarkets swap-free account available on all trading platforms?
Yes, it supports MT4, MT5, and the JustMarkets App for both desktop and mobile trading.
2. Tickmill
 | Minimum Deposit: $100 Regulated by: CySEC, FCA, FSA, FSCA Leverage: Up to 1:500 |
Overview
Tickmill’s Islamic Account option is available on all trading accounts (Classic, Raw, and TradingView Raw).
Traders get a transparent grace period before handling fees apply, and there are no hidden spread markups.
Unique Features
| Feature | Information |
| 🕌 Swap-free eligibility | Available upon request for Muslim clients, one-time approval applies to all future accounts |
| 💱 Admin fee or holding period | 3–6 free nights for most forex pairs, handling fees apply after grace period |
| 📊 Account types supporting swap-free | Classic, Raw, and TradingView Raw |
| ⚖️ Leverage | Up to 1:1000 |
| 🪙 Minimum deposit requirement | $100 |
| 💻 Trading platforms | MT4, MT5, TradingView, and Tickmill Trader |
| 🧾 Fees and commissions | Spreads from 0.0 pips, $3–$3.5 commission per side on Raw accounts |
| 🏦 Deposit and withdrawal methods | Local transfers, cards, Skrill, Neteller, UnionPay |
| 🌍 Regulation and client protection | FSCA, CySEC, DFSA, FCA, and FSA, negative balance protection and segregated funds |
| 🗣️ Language and client support | Multilingual 24/5 support, phone and email contact |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Fast Islamic account approval within one day | Crypto positions incur annualised fees after 5 days |
| No markup on spreads for swap-free users | Complex fee model for some exotic pairs |
Frequently Asked Questions
Does Tickmill charge hidden fees for swap-free trading?
No, all handling fees are fixed, published, and applied only after the free holding period expires.
Is Tickmill’s Islamic account available on all platforms?
Yes, swap-free trading is supported on MT4, MT5, TradingView, and Tickmill Trader.
3. XM
 | Minimum Deposit: $5 Regulated by: FSC, CySEC, ASIC Leverage: Up to 1:1000 |
Overview
XM has established itself as one of the more accessible brokers for traders in Vietnam.
Islamic Accounts have competitive spreads and excellent execution quality.
Unique Features
| Feature | Information |
| 🕌 Swap-free eligibility | Muslim clients can apply directly through the client portal; approval based on proof of faith adherence |
| 💱 Admin fee or holding period | No swaps on eligible products; admin fees apply after 14 days for certain instruments |
| 📊 Account types supporting swap-free | Available on Standard and Ultra Low |
| ⚖️ Leverage | Up to 1:1000 |
| 🪙 Minimum deposit requirement | $5 |
| 💻 Trading platforms | MT4, MT5, WebTrader, and XM app |
| 🧾 Fees and commissions | Spreads from 0.6 pips on forex, zero commission on most accounts |
| 🏦 Deposit and withdrawal methods | Local bank transfers, cards, e-wallets (Skrill, Neteller, VNPay) |
| 🌍 Regulation and client protection | Regulated by CySEC, FCA, ASIC, FSC, FSC, FSA, FSCA; segregated client funds |
| 🗣️ Language and client support | Available 24/5 via live chat, email, and hotline |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| No spread markup for Islamic accounts | Crypto instruments not covered under swap-free policy |
| Fast approval and multilingual support | Admin fees vary by instrument |
Frequently Asked Questions
What is the minimum deposit to start trading swap-free with XM in Vietnam?
You can open a swap-free account with a minimum deposit of $5.
Is XM regulated for swap-free trading in Vietnam?
Yes, XM operates under multiple global regulators, including CySEC, ASIC, and others.
4. AvaTrade
 | Minimum Deposit: $100 Regulated by: CBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ Leverage: Up to 1:400 |
Overview
AvaTrade offers Vietnamese traders a stable and transparent way to trade without interest charges through its swap-free Islamic accounts.
AvaTrade’s swap-free model extends to forex, commodities, indices, and crypto CFDs.
Unique Features
| Feature | Information |
| 🕌 Swap-free eligibility | Muslim traders can request an Islamic account via customer support, approval based on faith declaration |
| 💱 Admin fee or holding period | Swaps waived for up to 7 nights, fixed admin fee applies beyond the grace period per instrument |
| 📊 Account types supporting swap-free | Available on Professional and Retail accounts |
| ⚖️ Leverage | Up to 1:400 leverage |
| 🪙 Minimum deposit requirement | $100 |
| 💻 Trading platforms | MT4, MT5, WebTrader, AvaTradeGO, AvaOptions |
| 🧾 Fees and commissions | Spread-based pricing from 0.9 pips, no commissions |
| 🏦 Deposit and withdrawal methods | Bank transfers, credit/debit cards, e-wallets |
| 🌍 Regulation and client protection | Regulated by CBI, CySEC, KNF, ASIC, FSA, FFAJ, FSC, FSCA, FSRA, and ISA, client funds held in segregated accounts |
| 🗣️ Language and client support | Multilingual 24/5 support |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Spread-only pricing on accounts | Limited leverage compared to regional brokers |
| Range of assets under Islamic conditions | Admin fee applies after 7 nights |
| MT4, MT5, and AvaTradeGO platform access | Limited promotional offers for Vietnam |
Frequently Asked Questions
Is the AvaTrade swap-free account different from the standard one?
No, it offers the same spreads, leverage, and execution; only swaps are removed.
Does AvaTrade charge withdrawal fees for Vietnamese traders?
No, deposits and withdrawals are processed free of charge.
5. Exness
 | Minimum Deposit: $10 Regulated by: CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA Leverage: Up to 1:2000 |
Overview
Exness is a top choice for Vietnamese traders, and the Islamic account has ultra-low entry requirements, 24/7 withdrawals, and flexible leverage ratios up to 1:Unlimited.
Unique Features
| Feature | Information |
| 🕌 Swap-free eligibility | Automatically available for Muslim traders in approved regions, or by request through client support |
| 💱 Admin fee or holding period | No swaps on most instruments, admin fee applies to select pairs and metals after extended holding periods |
| 📊 Account types supporting swap-free | Standard, Standard Cent, Pro, Raw Spread, and Zero accounts |
| ⚖️ Leverage | Up to 1:2000 |
| 🪙 Minimum deposit requirement | $10 |
| 💻 Trading platforms | MT4, MT5, Exness WebTerminal, and Exness App |
| 🧾 Fees and commissions | Spread-based pricing from 0.0 pips on Raw accounts, commission from $3.50 per side per lot |
| 🏦 Deposit and withdrawal methods | Local bank transfers, internet banking, cards, and e-wallets |
| 🌍 Regulation and client protection | Regulated by FSA, CBCS, FSC (BVI), FSC (MU), FSCA, CySEC, FCA, CMA, and JSC, segregated client funds |
| 🗣️ Language and client support | Multilingual 24/7 service |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Low entry threshold from $10 | Limited education material in Vietnamese |
| MT4, MT5, and proprietary platform access | Crypto pairs have restricted swap-free access |
| Range of swap-free instruments | Limited promotions for Southeast Asia |
Frequently Asked Questions
Does Exness provide swap-free trading on metals and indices?
Yes, most metals and indices are swap-free, though long-term positions may incur admin fees.
Is there Vietnamese-language customer support with Exness?
Yes, Exness provides Vietnamese-language customer service 24/7.
6. Axi
 | Minimum Deposit: $0 Regulated by: ASIC, FCA, DFSA Leverage: Up to 1:500 |
Overview
Axi’s swap-free trading option gives Vietnamese clients access to consistent, commission-based or spread-only pricing without interest-based rollover fees.
Unique Features
| Feature | Information |
| 🕌 Swap-free eligibility | Available to Muslim clients upon request, proof of faith might be required |
| 💱 Admin fee or holding period | No swaps charged for most instruments, some assets carry admin fees after 10 days |
| 📊 Account types supporting swap-free | Standard and Pro accounts |
| ⚖️ Leverage | Up to 1:1000 leverage |
| 🪙 Minimum deposit requirement | $5 |
| 💻 Trading platforms | MT4, Axi Copy Trading, WebTrader, and mobile app |
| 🧾 Fees and commissions | Raw spreads from 0.0 pips on Pro accounts with $3.50 per side per lot commission |
| 🏦 Deposit and withdrawal methods | Local transfers, internet banking, cards, and e-wallets |
| 🌍 Regulation and client protection | Regulated by ASIC, FCA, DFSA, CySEC, FMA, and FSA SVG, segregated client funds |
| 🗣️ Language and client support | Multilingual support available 24/5 |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| MT4 and Axi Copy Trading support | Limited number of swap-free assets |
| Regional payment options for Vietnam | Admin fee applies after 10 days |
| Same spreads and execution as regular accounts | Limited educational content tailored to Vietnam |
Frequently Asked Questions
How long does it take to verify a swap-free account with Axi?
Most accounts are verified within 24 hours once documents are submitted.
What leverage is available on Axi’s swap-free accounts?
Swap-free clients can access leverage up to 1:1000.
7. HFM
 | Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
Overview
HFM stands out because the swap-free account options, from Cent to Zero Spread, allow different trading styles to stay halal without limiting leverage or execution quality.
Unique Features
| Feature | Information |
| 🕌 Swap-free eligibility | Muslim traders can request Islamic status via client area, approval based on faith declaration |
| 💱 Admin fee or holding period | Swaps waived for forex and metals, admin fees apply on select instruments after grace period |
| 📊 Account types supporting swap-free | Available on most account types |
| ⚖️ Leverage | Up to 1:2000 |
| 🪙 Minimum deposit requirement | $0 |
| 💻 Trading platforms | MT4, MT5, HFM App, WebTerminal |
| 🧾 Fees and commissions | Spreads from 0 pips on Zero accounts, $3 per side per lot on commission-based accounts |
| 🏦 Deposit and withdrawal methods | Local bank transfers, cards, and e-wallets |
| 🌍 Regulation and client protection | Regulated by CMA, FSA, CySEC, FSCA, DFSA, FCA, and FSC, negative balance protection and segregated client funds |
| 🗣️ Language and client support | 24/5 multilingual support |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Same spreads and leverage as regular accounts | Crypto CFDs excluded from Islamic terms |
| No set minimum deposit to register an account | Limited education material for Vietnam |
| MT4, MT5, and HFM App access | Limited swap-free duration on minor pairs |
Frequently Asked Questions
Can non-Muslim traders request swap-free status at HFM?
Swap-free accounts are primarily intended for Muslim clients, but requests may be reviewed on a case-by-case basis.
What payment methods are available for Vietnamese traders on HFM?
Local bank transfers, credit cards, and popular e-wallets.
8. BDSwiss
Overview
BDSwiss’ Islamic Account offers a dynamic trading environment where traders can trade selected instruments.
The spreads remain competitive on the Islamic Account, and execution speed is still reliable.
Unique Features
| Feature | Information |
| 🕌 Swap-free eligibility | Muslim traders can apply directly via support or account dashboard, confirmation required for eligibility |
| 💱 Admin fee or holding period | No swaps for up to 10 days, small admin fee applies after the grace period |
| 📊 Account types supporting swap-free | Cent, Classic, VIP, and Zero-Spread |
| ⚖️ Leverage | Leverage up to 1:2000 |
| 🪙 Minimum deposit requirement | $10 |
| 💻 Trading platforms | MT4, MT5, WebTrader, and BDSwiss mobile app |
| 🧾 Fees and commissions | Classic account spread from 1.5 pips, Raw account commission $5 per lot |
| 🏦 Deposit and withdrawal methods | Local bank transfers, cards, and e-wallets including Skrill, Neteller, and Vietnamese payment gateways |
| 🌍 Regulation and client protection | Regulated by CySEC, FSA, FSC, and MISA, client funds segregated in top-tier banks |
| 🗣️ Language and client support | Multilingual 24/5 support |
| 🚀Sign up | Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Leverage up to 1:2000 for Vietnam | VIP account requires a high minimum deposit |
| Transparent pricing and fast execution | Crypto CFDs excluded from swap-free |
| Accessible local funding and withdrawal | Swap-free duration limited to 10 days |
Frequently Asked Questions
Does BDSwiss offer swap-free trading on indices?
Yes, indices are included under Islamic terms for a limited period before admin fees apply.
Are swap-free conditions applied automatically at BDSwiss?
No, traders must apply for Islamic status after account creation.
Common misconceptions (and the truth) about swap-free trading
“Swap-free means zero cost forever”
This is not true. Most brokers waive swaps for a set number of nights, then apply an admin fee per lot per night.
“Islamic status changes spreads and execution”
In most cases, pricing and execution stay the same as the base account. The only alteration is how overnight funding is treated, not how orders fill.
“Every instrument is covered”
Coverage often excludes energy contracts and some cryptos. Metals, major forex, and key indices tend to qualify.
“Approval is automatic for everyone”
Swap-free status is intended for Muslim clients and usually requires a request and basic proof. Some brokers review non-Muslim requests individually, with tighter rules.
“Leverage and margin rules change on swap-free”
Leverage caps, margin calls, and stop-out levels usually mirror the standard account.
“Triple-swap Wednesday does not matter anymore”
The classic T+2 triple-charge on Wednesdays relates to interest. With swap-free, the grace period still counts nights held. After that window, admin fees apply.
Final thoughts on swap-free trading in Vietnam
Swap-free trading in Vietnam has grown from a niche option to a mainstream feature among regulated brokers. It offers more flexibility while still being compliant with Islamic finance principles.
As more brokers expand coverage and support local payment systems, traders have wider access than ever. However, Vietnamese traders should ensure that they understand how swap-free terms apply across instruments and how long fee waivers last.
How to Choose a Forex Broker in Vietnam: Step-by-Step Guide
Step 1: Check for Regulation
- best Forex Broker in Vietnam cma
- Regulation protects you from scams and gives you legal recourse in case of disputes.
- Look for brokers regulated by the State Bank of Vietnam (SBV) or major global regulators like the FCA (UK), CySEC (EU), and ASIC (Australia).
Step 2: Understand Account Types and Minimum Deposits
- Best Forex Broker in Vietnam with minimum deposits
- Compare different account options (Standard, ECN, Micro, etc.)
- Check the minimum deposit (some start as low as $10)
- Choose an account type that fits your budget and experience level.
Step 3: Compare Trading Costs
- Best Forex Broker in Vietnam: Compare costs
- Spreads: The difference between the buy/sell prices
- Commissions: Some brokers charge a flat fee per trade
- Swap/Overnight Fees: Charged for holding positions overnight
- Choose a broker with tight spreads and transparent fee structures.
Step 4: Evaluate Available Trading Platforms
- Best Forex Broker in Vietnam trading platforms
- Most brokers offer MetaTrader 4 (MT4) or MetaTrader 5 (MT5)
- User-friendly interface
- Fast execution
- Mobile app availability
- Advanced tools for analysis
- A demo account to practice risk-free
Step 5: Deposit & Withdrawal Options
- Best Forex Broker in Vietnam: deposit options
- Make sure the broker supports local banks, e-wallets, or Vietnam-friendly payment methods.
- A good broker will offer fast, low-cost, and localized payment methods.
Step 6: Test Customer Support
- Best Forex Broker in Vietnam for customer support
- Try contacting them via live chat, email, or phone.
- They respond quickly
- Support is available in English or Vietnamese
- They’re available during your trading hours
Step 7: Research Reputation and Reviews
- Best Forex Broker in Vietnam research reviews
- Search for reviews on forums (like Forex Peace Army or Trustpilot)
- Ask in Vietnamese trading communities (e.g., Telegram or Facebook groups)
- Watch out for red flags like withdrawal issues or unexplained account bans.
Step 8: Check for Educational Resources
- Best Forex Broker in Vietnam, educational resources
- Top brokers offer:
- Free webinars
- Market analysis
- Beginner guides
- This is especially helpful if you’re new to forex trading.
Step 9: Start with a Demo or Small Deposit
- Best Forex Broker in Vietnam demo account
- Always test the broker using a demo account or a small real deposit.
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Conclusion
Overall, cTrader stands out as a robust platform that offers Vietnamese traders an array of advanced features. Brokers like FxPro, Pepperstone, and IC Markets provide tailored solutions, empowering traders with efficient tools and competitive advantages. These platforms redefine success for Vietnamese traders in the dynamic Forex landscape.
Frequently Asked Questions
Is a swap-free account suitable for day-trading or scalping?
Yes, swap-free accounts work well for short-term strategies since there are no overnight interest costs. The pricing, spreads, and execution stay the same as standard accounts.
What happens on weekends or holidays with a swap-free account?
Trades left open over weekends don’t accrue interest-based swaps, but after the broker’s grace period, admin fees may apply.
Do swap-free accounts have different margin call or stop-out rules?
No, the margin and stop-out levels are the same as standard accounts. The absence of swaps doesn’t affect leverage or risk control mechanisms.
Can I use expert advisors (EAs) or automated trading on a swap-free account?
Yes, most brokers allow the same trading tools and automated systems on swap-free accounts as on standard ones.
Are Vietnamese payment methods accepted for swap-free accounts?
Yes, most brokers offer local funding options such as domestic transfers, e-wallets, or cards for Vietnamese traders.
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