Best ECN Broker For Swap-Free Trading for 2025

Best ECN Broker for swap-free trading: Investment Programs

Earning passive income is just as important for traders as earning profit by actively trading. Therefore, it is important to consider investment instruments offered by the company. There are different investment programs and their choice strongly depends on a specific broker. TU analysts have prepared a review of investment programs of the 5 best brokers.

1

XM Group - Investment Programs

Investment Programs, Available Markets, and Products of the Broker

XM Broker broker is focused on providing professional trading services, because its policy does not provide for passive investment programs. However, as an aid to active traders, the company provides several support services, which are worth considering in more detail.

MQL5 Trading Signals

MQL5 is a community of traders from all over the world located on the platform of MetaQuotes company, the developer of Metatrader platforms. XM Broker offers direct access to MQL5 trading signals from traders with productive trading for more than 1 month. In addition, traders get direct access to the programming environment directly from within the broker's trading terminals. Learn More about XM Copy Trading

Advantages of MQL5 signal copy service:

• automatic copy trading from MQL5 website (there is an option of manual copying);

• signals can be combined with algorithmic trading (creating advisors based on MQL5 signals using a program code inside the platform);

• copy service is already built into Metatrader.

Disadvantage: signals are provided for 1 month, after which the question about paying for a subscription appears. One trading account can be subscribed to only one signal provider.

XM Broker affiliate program

XM Broker offers only one variant of affiliate program with the following conditions:

The broker offers one type of partnership program, which implies a one-time reward of $450-$650 subject to the country of each invited trader.

Advantages of XM Group:

• Marketing support. More than 20 banner options in 25 languages, click tracking links, and ready-made websites and landing pages are available;

• A separate partner’s user account that provides for tracking statistics and conversion for each of the created campaigns by country, age category, etc.;

• Personal account managers and weekly payouts.

For more information on conditions of the partnership program, contact the support service.

2

RoboForex - Investment Programs

Investment Programs, Available Markets and Products of the Broker

RoboForex is the ideal broker for those looking to invest their money in the Forex market. This company has everything to earn a stable income — from professional analytics to technical functionality and optimal trading conditions. It is especially worth noting its investment program like RoboForex CopyFx which allows you to receive passive income without doing anything. According to customer reviews, RoboForex is the most popular brokerage company.

RoboForex CopyFx is a service for copying deals

RoboForex CopyFx is a passive investment option that involves connecting an investor's account to a professional trader's account and then copying his transactions. In this case, all trader's transactions are automatically opened on the investor's account. A specific trader's commission is deducted from the investor's profit in case of a successful transaction. The entire service is fully automated which minimizes your work to almost 0%. Learn More about CopyFX From RoboForex

CopyFX at RoboForex - how to choose a trader | Firsthand experience of Oleg Tkachenko

The minimum deposit is only $100, so everyone can test the waters. Having started working, the investor gets access to professional traders' ratings, which indicates the period of the account's existence, profitability, maximum drawdown level, and other statistics. Also, the investor can contact the trader directly.

An investor can connect to an unlimited number of traders, provided that his deposit can withstand such a load. Such diversification of risks makes it possible to form a full-fledged investment portfolio from traders' transactions.

An investor can disconnect from a trader at any time if he doesn't like something in his trading methods. It is a serious tool for protecting a deposit from RoboForex, which not all brokerage companies provide.

Separately, it should be noted that any person can simultaneously act as both an investor and a trader. All statistics on the effectiveness of copying transactions are displayed in the client's account.

Algorithm of working with the CopyFx copy trading platform:

• Once you register and pass verification, open a trading account. Investors can open any account, except for accounts with the MT5 and R StocksTrader platforms. Traders planning to provide signals open a separate account by choosing Open FxCopy Trader Account.

• In the Investment menu, open MT4 Trader Rating. Traders must meet minimum requirements of the broker in order to be included in the rating, such as the number of trades, the number of days the account has been active, and profitability. You will need to contact Customer support to learn about specific requirements.

• You will see main criteria in the list of traders: maximum drawdown, number of copy traders, profitability, account existence period, etc.

• Click on the profile of each trader to view trading statistics. You can activate the copy trading option in the profile of the trader you’d like to copy.

Copy trading is available on real accounts, subject to the deposit in the amount higher than the one specified in the trader’s profile. You can disconnect from a trader’s account at any time.

How to start investing in copy trading with RoboForex | Firsthand experience of Oleg Tkachenko

RoboForex affiliate program

It is not necessary to be familiar with trading to make money with RoboForex. Attract customers and earn up to 50% of the company's income. It works like this:

• You register as a partner, after which you receive information materials for posting on your website/blog, forums, or social networks. You also get a referral link.

• The person follows your referral link and deposits capital in his account.

• The broker receives the spread and credits a part of his profit to the partner's account in the referral trades.

Also, each partner can participate in the loyalty program with the possibility of receiving up to 20% additional partner remuneration every month.

Depending on the chosen partnership program and account type, the total amount of partner rewards can exceed 50% of the fees paid by the referral. For example, on Affiliate accounts, rewards are up to 70%. Taking into account the general fee of the VIP program with the loyalty reward, the total rewards of a partner could be as high as 84%.

3

VT Markets - Investment Programs

Investment Programs, Available Markets and Products of the Broker

The VT Markets clients can make money by active trading, and the broker also offers a wide range of solutions for passive investors, but they don’t guarantee that the investor will make a profit in every case. Affiliate programs, which bring money for attracting new users, can also be referred to as investment offers.

Methods for generating passive income in VT Markets

The VT Markets firm offers investment solutions from partners ZuluTrade and MetaQuotes. These include:

• Advisors. In the MetaTrader 4 platform, traders can connect to over 1,000 expert advisors (EA) to perform analysis and/or execute trades for them.

• Signals. VT Markets doesn’t provide clients with their own trading signals, but they have access to data from Trading Central, MetaQuotes Software, and Acceage.

• PAMM and MAMM help both investors and professional account managers generate passive income.

• Copy trading. VT Markets clients can connect to social trading platforms such as ZuluTrade and trading signals services in MT4 and MT5.

To become an investor, it is enough to open any type of real account, make a minimum deposit and choose the priority method of passive income. Only a professional trader licensed to offer financial services or has a legal opinion issued in the jurisdiction of his activity can become a PAMM and/or MAM account manager.

VT Markets’ affiliate programs

• Affiliates. Affiliates receive remuneration CPA (Cost Per Action) for each referred trader. Its size depends on the affiliate's country of residence, the tariff plan (Standard or Standard+), and the trading activity of referrals. To get CPA, a referral shall deposit at least $500 and close 2 standard FX or Spot Gold lots.

• Introducing Brokers is a program for companies and legal entities who want to provide brokerage services under the VT Markets brand. IBs receive a spread rebate of up to $8 for each lot closed by a referral.

VT Markets’ affiliate programs are not available in all jurisdictions. For example, residents of the USA, Australia, the Russian Federation, and other countries cannot register using the referral link. All introducing brokers work following the legislation of their region.

4

WForex - Investment Programs

Investment Programs, Available Markets and Products of the Broker

World Forex broker provides modern tools for comfortable work: VPS-server, ECN-account, auto trading option. Traders registered with a broker can profit not only from trading, but also from the trading volumes of the participants attracted by them.

The WForex Rebate Club Program — offering traders more opportunities to earn

Customer motivation is the principal priority of the WForexBroker Rebate Club Program. Each participant registered with the broker can adjust the accrual rate for transactions, to earn club points for volume. There are no restrictions on how the points can be used. This means traders can redeem and withdraw them as cash, continue to trade with them, increase margin opportunities or exchange for bonuses.

The amount of points accrued depends on the following factors that are taken into account when calculating points:

• profile age (Age Factor);

• trading history (Volume Factor);

• funds amount (Amount Factor) — on all profile accounts.

The value of the points is calculated daily and valid exactly one day before the next calculation.

Auto trading through "Trading signals" - copying transactions of successful brokers

WForex gives traders the option to copy successful transactions of professional traders - signal providers, to which their less experienced colleagues subscribed, thanks to the use of auto trading. It is allowed to connect to any signal provider. You can test all the features on a demo account.

World Forex affiliate program

You do not have to be a professional in trading to become a WForex partner. Now you can earn up to 85% of the spread on the turnover of traders attracted by participating in an affiliate program.

WForex offers 3 options for Affiliate Partner Programs:

• Internet-partner;

• YouTube-partner;

• Representation.

You need to open your account and have a look at the conditions offered to become a broker partner. The program aims to attract new traders by publishing a broker affiliate link on their Internet resources. The partner gets a reward for each referral attracted. A calculator with calculations and a history of affiliate payments calculating are available in your account.

CASHBACK CLUB Loyalty Program

The program allows you to receive cashback up to $25 in real funds per 1 lot for performing trading operations.

5

Vantage Markets - Investment Programs

Investment Programs, Available Markets and Products of the Broker

Vantage Markets is primarily focused on clients who are actively trading. Traders can use long-term transactions with currency pairs and CFDs on stocks for investments.

Vantage Markets partners with three of the largest independent social media traders:

• MyFxBook;

• ZuluTrade;

• DupliTrade.

The company's customers can subscribe to any number of signal providers on these platforms. Autotrading is a versatile option that caters to both seasoned investors and newcomers. It enables individuals to acquaint themselves with the strategies of accomplished traders and begin replicating their transactions, all while earning a steady stream of passive income.

Vantage FX’s (Vantage Markets) affiliate programs

The broker Vantage Markets offers various types of affiliate programs to attract new clients:

CPA affiliate program (CellXpert). This affiliate program provides a reward for traders who promote the broker's services. The size of the bonus differs depending on the country from which new traders come.

Introducing Broker (IB). This affiliate program is targeted at both private and corporate clients wishing to partner with Vantage Markets. It involves attracting new clients to the company and receiving stable payments for their trade in the form of a fixed amount, up to $ 8 per lot.

Hybrid affiliate program. This affiliate program combines CPA and IB affiliate remuneration schemes, which involve both a one-time payment for an attracted client and regular monthly payments for trading activity in the form of a fixed amount for 1 lot.

WHITE LABEL. It is provided for clients who want to start their own brokerage business. As part of this affiliate program, Vantage Markets provides the partner with access to financial markets, trading platforms, work strategy, trading instruments, liquidity, and more. As a result, the partner works under a well-known brand, providing clients with high-quality brokerage services, which are constantly monitored by the official representatives of Vantage Markets.

Additionally, the broker provides marketing materials and tools for attracting traders within the framework of available affiliate programs — including a landing page, ready-to-use banners for posting on websites and social networks.

What Is A Forex Swap Free Account?

A Forex swap-free account, also known as an Islamic account, adheres to Islamic religious principles by neither charging nor earning interest on trades.

How Does A Forex No-Swap Account Work?

In a standard Forex account, traders often hold positions overnight, which involves the exchange of one currency for another. When this happens, there is typically a swap charge (or interest) applied, as the positions are subject to the difference in interest rates between the two currencies being traded. This charge is either paid or earned by the trader.

In a no-swap account, these interest charges are eliminated, and instead, the account may involve other fees or charges to compensate for the absence of swap charges. Some swap-free brokers may widen the spreads or charge a commission to cover the costs associated with offering swap-free accounts.

It's important to note that Islamic accounts are not exclusively for Muslim traders. Non-Muslim traders who wish to avoid swap charges for other reasons can also opt for a swap-free account.

Why Are Islamic Accounts Swap Free?

Islamic accounts are swap-free to comply with the principles of Islamic finance, which are guided by Sharia law. Sharia law is the legal framework derived from the religious precepts of Islam. It governs various aspects of life, including economic and financial activities.

One of the key principles of Islamic finance is the prohibition of riba. Riba is the interest charged on loans or deposits. Riba is considered unjust and exploitative because it lead to wealth accumulation by the lenders at the expense of the borrowers.

In a standard Forex trading account, when a trader holds a position overnight, they either earn or pay a swap charge (interest). This practice is in direct conflict with the prohibition of riba in Islamic finance.

To accommodate the needs of Muslim traders who want to participate in Forex trading without violating their religious beliefs, some brokers offer swap-free or Islamic accounts.

Are Forex Halal Or Haram?

The acceptability of Forex trading from an Islamic perspective is a topic of debate. The main reason being it depends on the trading approach. The main concerns revolve around the concepts of riba (interest), gharar (excessive uncertainty), and speculation.

Riba (interest)

As mentioned earlier, Islamic finance prohibits charging or receiving of interest. In standard Forex accounts, traders holding positions overnight may earn or pay swap charges (interest), which goes against this principle. However, swap-free or Islamic accounts address this issue.

Gharar (excessive uncertainty)

Some scholars argue that Forex trading involves a high degree of uncertainty due to the rapid fluctuations in currency values, making it haram (forbidden). However, others argue that not all forms of uncertainty are prohibited. Since currency exchange is a necessity in global trade, Forex trading can be considered halal (permissible) if conducted without excessive speculation.

Speculation

Forex trading can involve a high degree of speculation. Some scholars argue that this speculative aspect makes Forex trading akin to gambling, which Islam prohibits. However, others contend that if traders approach Forex trading with proper analysis, risk management, and avoid excessive speculation, it can be considered halal.

How to Choose a Swap-Free Account?

It can be challenging to choose the right swap free forex broker due to the many options available. Consider the factors below to choose the right swap-free account for your forex trading needs.

1. Broker's reputation and regulation

Research the broker's background, customer reviews, and check whether they hold licenses from reputable regulatory authorities like the FCA, ASIC, CySEC, or others.

2. Additional fees or charges

Swap-free accounts may have alternative fee structures to compensate for the absence of swap charges. Brokers may widen spreads or charge a commission on trades. Analyze and compare the fee structure among various brokers to determine which one offers the most cost-effective option.

3. Customer support

A broker with a dedicated support team for swap-free account users will be better equipped to address your concerns and provide guidance on maintaining Sharia compliance.

4. Demo Accounts

A demo account allows you to practice before going live. Find a swap-free broker with a functional demo account to learn the basics before you finally invest your real money.

5. Trading platform and tools

Evaluate the broker's trading platform and tools to ensure they are user-friendly. They should provide essential features like charting, technical analysis, and risk management. A reliable platform, such as MetaTrader 4 or 5, is preferred by many traders.