Best Swap-Free Broker 2026? Headway Islamic Account Review (No Hidden Fees)

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For many traders, "Swap Fees" are the silent killer of profits. Whether you are a Muslim trader following Sharia principles or a Swing Trader holding positions for weeks, overnight interest fees can slowly drain your account.

In 2026, many brokers claim to be "Islamic," but they hide fees elsewhere—often calling them "admin fees" or "storage charges." Today, we are reviewing the Headway Islamic Account to see if it truly lives up to its promise of 100% Swap-Free trading with no hidden costs.

🟢 The Verdict Upfront: Yes, Headway offers a genuine Swap-Free option on ALL account types (Cent, Standard, and Pro). There are no widening spreads or hidden daily commissions for standard currency pairs.

What Makes Headway's Swap-Free Different?

Most brokers force you to open a specific "Islamic Account" with higher spreads. Headway does it differently. They allow you to toggle "Swap-Free" status on any standard account.

This means you get the exact same trading conditions (Raw Spreads, Fast Execution) as a regular trader, but without the interest charges. This is a massive advantage for traders who use the Pro Account but still want Sharia compliance.

Account Comparison: Which Swap-Free is Best?

According to the official Headway contract specifications, here is how the Swap-Free feature applies across their three account types:

Account Type	Swap Fee	Hidden Admin Fee?	Spread From	Commission
Cent	$0 (Free)	No	0.3 pips	$0
Standard	$0 (Free)	No	0.3 pips	$0
Pro (ECN)	$0 (Free)	No	0.0 pips	$1.5 / side

The "Hidden Fees" Investigation

We dug deep into the Terms & Conditions to find the catch. Here is the truth about the costs:

1. No "Storage Fee" on Majors

Unlike some competitors who start charging a "storage fee" after 7 days, Headway allows you to hold major pairs (EURUSD, GBPUSD) and Gold (XAUUSD) indefinitely without incurring overnight swaps.

2. The "Commission" Transparency

On the Pro Account, you pay a fixed commission ($1.5 per side). This is NOT a hidden fee; it is the standard cost for accessing Raw Spreads. For Islamic traders, this is much better than paying a "markup spread" which is often 2x more expensive.

💡 Pro Tip for New Traders: If you are unsure about committing real funds yet, we highly recommend trying the Headway $111 No Deposit Bonus first. It allows you to test if the "Swap-Free" status actually works on a live server before you deposit your own money.

Best Assets to Trade Swap-Free

To maximize the benefit of this account, focus on these assets where "Swap" is usually high on other brokers:

• Gold (XAUUSD): Perfect for long-term holders. No cost for holding buy/sell positions overnight.
• Indices (US30, NAS100): Headway offers excellent conditions for index swing traders.
• Exotic Pairs: Usually have massive swaps. With Headway's specific swap-free terms, you save significant capital here.

How to Activate the Islamic Account?

The process is automated and does not require uploading a religious certificate for most regions:

1. Register your Headway profile.
2. Open a new trading account (Standard or Pro recommended).
3. In the account settings, look for the "Swap-Free" option.
4. Enable it. Your MT4/MT5/TradingView will instantly update to show "Swap: 0".

Conclusion: Authentic & Reliable

After reviewing the specs, Headway stands out as one of the few brokers in 2026 offering a True Islamic Account without penalizing the trader with wider spreads.

Whether you are avoiding Riba for religious reasons or simply want to hold Gold trades for weeks without penalty, Headway is a top-tier choice.

Open Swap-Free Account Now

Regulated & Secure. T&C Apply.

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By: FXBonus Team