Important announcement about swap-free accounts

Regulation

Regulatory information

DUO Markets is a registered trademark of TUTORES-FX SAC. It operates as an introducing broker for Eurotrade SA (Pty) Ltd ("Eurotrader"), a subsidiary of Eurotrade RGB Holdings Ltd (HE367109), an authorized financial services provider licensed and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, with license number FSP 44351 and registered office at 74 Walmer street, Sydenham, Johannesburg, 2192, South Africa.

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Important announcement about swap-free accounts

We would like to inform you that we are changing the way we charge Administration fees on Swap free Accounts.

Swap-free Accounts are modified accounts in which rollover fees are waived to comply with Islamic religious beliefs. Swap-free Account holders can hold their positions for an unlimited amount of time, without incurring any swap charges. Instead, administration fees will be applied when a position is kept open over a predefined time threshold.

From December 1st 2023, onwards we will apply the administration fees with a balance transaction after a grace period of five (5) days for Forex Majors, Forex Minors and Gold instruments and three (3) days for Forex Exotics, Energies and Silver instruments.