Trading on multiple time frames

There are brokers that offer swap-free accounts, called Islamic Accounts, to Muslims. Before such brokers will open a swap-free account for you, most of them insist on some proof that you actually adhere to a religion which forbids paying interest (including forex swaps).

However, there is at least one broker that I am aware of which offers swap-free accounts to everyone –
CapitalStreetFX, registered in Mauritius. Please note: This is a heads-up, not a recommendation.

CapitalStreetFX was recently mentioned in my thread, Going offshore to escape the CFTC. Prior to that mention, I had never heard of CapitalStreetFX. But, we are looking into this broker, because the thread is all about finding offshore brokers (most of them on islands that none of us have ever visited) that will deal with U.S. clients, and about vetting those brokers to see whether they deserve to be on a List which we maintain. We are in the very early stages of that vetting process with CapitalStreetFX.

Before you even make inquiries with this broker, you might want to read recent posts in our thread, starting here — Going offshore to escape the CFTC

Here is a screen-shot of the FAQ on the CapitalStreetFX website, where they answer the question about swap-free accounts —


(click the image to enlarge it)



If you have no experience with offshore brokers, use extra due-diligence in researching them.
Some of them come and go in short order, and leave a lot of disgruntled customers in their wake.

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