Indices CFD & Cryptocurrency CFD Financing Cost
Indices CFD and Cryptocurrency CFD Financing costs are updated daily and can be found via the contract specification in trading platforms.
Please see the following example explaining how financing costs are calculated for CFD products (including indices and cryptocurrencies).
The swap rates applicable to this example are below:
At End of Day (EoD) we have the following example open positions:
MFM Securities offers Islamic accounts to all clients by default following the Muslim faith. The accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.
MFM Securities reserves the right to discontinue an Islamic/SWAP-free account without warning. MFM Securities will invoke this right in case of suspicion of abuse, in which case MFM Securities may, at its sole discretion, decide to close all open positions in the account and deduct or add swaps for all transactions currently and/or previously made in the account and decline from accepting any further requests from the Client to be exempted from SWAP.