Islamic Account
No Swap Account
Otet's No Swap account is designed for traders who need swap-free trading conditions. With a minimum deposit of 25 USD, this account provides access to a diverse range of markets. No swap is charged on open positions for the first 14 nights, making it a suitable option for managing medium- and long-term positions.
Account Specifications
Full Account Details No Swap Account
Minimum Deposit
25 USD
Spread
from 0.5 pips
Commission
5 USD per lot
Leverage
1:20 to 1:1000
Margin Call
80%
Stop Out
50%
Swap
Swap-free for up to 14 nights
Capital Bonus
None
MetaTrader 5
No Swap
Key Features
Why Do Traders Choose No Swap Account?
Swap-free for up to 14 nights
No swap fee is charged on open positions for the first 14 nights.
Suitable for medium-term trading
A suitable choice for traders who hold their positions for several days or weeks.
Access to diverse markets
Trade forex, energy, metals, indices, cryptocurrencies, and US and European stocks.
Competitive trading conditions
Benefit from fast order execution and access to professional market conditions.
Choose Your Account
Is the No Swap Account Right for You?
Best For
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01Mid-term and long-term traders
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02Users needing swap-free conditions
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03Forex and metals and index traders
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04People who hold their positions for several days
Not Ideal For
- 01 Users interested in trading bonuses
- 02 Very short-term traders and heavy scalpers
- 03 People who choose solely based on lowest trading cost
Your trading strategy requires different conditions.
Islamic Account
Ready for medium- and long-term trading?
With Otet's No Swap account, focus on trading opportunities without worrying about swap fees in the early days, and enter the market with transparent conditions.
Capital security and credibility at Otet
The security of clients' accounts and funds at Otet Markets is a top priority, backed by
professional infrastructure and international standards.
Market Leader
Best Trading Platform
A professional experience for managing trades
Market Leader
Best Customer Support
A faster, more responsive experience for users
2025
Market Leader
Official Member of Economic Operators
Official presence in international financial structures
Market Leader
Top Broker Certificate
Recognition at specialized financial markets events
Market Leader
Fastest Broker
Fast performance and a smoother trading experience
2023
Market Leader
Best ECN/STP Broker
Professional trading conditions for faster execution
Other trading accounts
Other Otet accounts
01
ECN Account
PopularOtet's ECN account is a professional starting point for entering the financial markets. With a minimum deposit of 25 USD, competitive spreads, and fast order execution, you can trade a wide range of instruments and benefit from conditions close to the real market.
25 USD
Minimum Deposit
View Account
02
ECN+ Account
Professional TradingDesigned for professional traders, with advanced trading conditions, fast order execution, and an environment suited to professional strategies.
5000 USD
Minimum Deposit
View Account
03
Festival Account
CampaignThe Festival account is the gateway to Otet's campaigns and trading competitions. By opening this account, in addition to trading in global markets, you can participate in active festivals and, according to each campaign's rules, benefit from its prizes and rewards.
25 USD
Minimum Deposit
View Account
04
Otet Plus Account
NewThe Otet Plus account combines ECN-based trading conditions with access to bonuses and capital assistance. This account is the only option eligible for Otet's campaigns and incentive plans, and it is designed for traders looking to increase their trading power. The minimum deposit is determined based on active plans.
Variable
Minimum Deposit
View Account
Frequently Asked Questions – Otet No Swap Account
No. The account is swap-free for the first 30 days. After this period, if a trade remains open beyond 30 days, swap fees will be applied retroactively for all 31 days.
No. Once opened, a No Swap account cannot be converted to another account type. Please define your trading strategy before choosing.
You can trade Forex, precious metals, indices, stocks, cryptocurrencies, and ETFs.
Yes. This Islamic account is a great choice for traders who do not want to pay swap fees. However, note that after 30 days, swap charges will apply for the entire duration of the trade.
Yes. You can use scalping, algorithmic trading, hedging, and long-term strategies with the No Swap account.