Broker No Swap And Regulated by NFA/CFTC

NFA and CFTC are regulators from the US. Generally, US brokers use swaps. However, to our knowledge, IBFX can offer free swaps after application.

Alternatively, you can also choose brokers from the UK with FCA Regulation. The UK regulatory body also has a good reputation and usually has more user-friendly policies than US regulators, so brokers can provide various facilities such as swap free.

Thanks

@A6: Currently, almost all existing brokers have offered a no-swap account feature (Islamic account). To find out whether a broker is included in CFTC and NFA regulations, you can check by following these steps:

• Visit the official CFTC page here
• Select the Market Data & Analysis tab
• Click Financial Data for FCMS. On the Financial Data for FCMS page, select the latest date to get current valid data. 

Our recommended brokers for trading that meet CFTC & NFA requirements are as follows.

• Cityindex (formerly Forex.com, Gain Capital Group) - non-US traders can only register via FCA UK regulated Forex.com
• IG Markets - Asian traders can register via IG.com which is regulated by MAS Singapore.
• Interactive Brokers - non-US traders can only register via other Interactive Brokers entities.
• OANDA
• Thinkorswim 

Thank you