Islamic accounts (swap-free) are available for Bolivia traders who wish to avoid overnight interest charges on EUR/AUD positions. These accounts comply with Sharia law, which prohibits earning or paying riba (interest). Brokers offering Islamic accounts for Bolivia include
Pepperstone (swap-free on all pairs for 14 days, then reverts to standard),
AvaTrade (true swap-free for all account types),
Exness (swap-free on Islamic accounts with no time limit),
IC Markets (swap-free on request, but charges administrative fee after 7 days),
XM Group (swap-free for all clients, no restrictions),
OctaFX (swap-free for Muslim-majority countries),
HotForex HFM (swap-free on request, valid for 30 days),
Vantage (swap-free on Islamic accounts),
eToro (swap-free for verified Muslim traders), and
FBS (swap-free on all accounts). For EUR/AUD, standard swap rates are approximately -4.5 points for long positions and +1.2 for short—meaning if you hold a buy position overnight, you pay around USD 0.45 per micro lot per day. Islamic accounts eliminate these charges, making them ideal for Bolivia traders using 1:500 leverage and holding positions beyond a single day.