Swap fees, or overnight financing charges, apply to FTSE 100 CFD positions held past the daily rollover time (usually 22:00 UTC+0). For Laos traders, these fees can erode profits on swing trades. Islamic accounts (swap-free) are available from multiple brokers catering to Laos clients:
Pepperstone offers Islamic accounts on request,
AvaTrade provides them automatically,
Exness has swap-free options for all instruments,
IC Markets offers Islamic accounts with no extra charges,
XM Group provides them without restrictions,
Fusion Markets includes swap-free accounts,
OctaFX offers Islamic accounts for all assets,
HotForex HFM grants them after verification,
Vantage has swap-free options, and
FBS provides Islamic accounts. To request an Islamic account, contact support after registration and confirm adherence to Sharia principles. Without an Islamic account, a long FTSE 100 position held overnight might incur a swap charge of approximately -$0.30 per standard lot per day in USD terms, depending on broker rates. Short positions may receive a small credit. Check each broker’s swap policy in the contract specifications before committing.