Regulated Forex Brokers Offer Swap-Free Crypto Trading Accounts
For traders who hold long positions in cryptocurrencies, swap-free accounts can be a game-changer. These accounts eliminate overnight interest fees, allowing traders to hold their positions indefinitely without incurring additional costs.
The article highlights five regulated forex brokers that offer swap-free accounts on crypto pairs: XM, Pepperstone, AvaTrade, Exness, and HFM. Each of these brokers has its unique features and policies regarding swap-free accounts.
XM, for instance, offers unlimited swap-free accounts upon request, making it an ideal choice for traders holding long positions on crypto. The broker provides a range of BTC, ETH, LTC, and XRP pairs and is regulated by CySEC and ASIC.
Paperstone's Standard and Razor accounts offer swap-free trading with a 5-day grace period before an admin fee is charged. This makes it a good option for traders looking to take short to medium-term crypto trading positions.