Broker without overnight/swap fees?

I have a problem. I need to secure positions and I'm not willed to pay 2.5% per Year just for letting the position open. Close every day and reopen is no option for me.

Even crazier: When I only use my own capital, so no Leverage, I still have to pay overnight fees! So is their any website where brokers are compared due to overnight fees?

For Example:

Oanda, Leverage fixed 50:1: Eur/USD 2.5% per Year
Etoro, Leverage 1:1: EUR/USD 2.2% per Year (why???)

Is that a new way to drain the last $$ out of the traders? I'm really upset about that policy, especially when you trade without leverage.

Thank for your help. What swap fee do you pay on your broker ?

The funds in your trading account act as security but it is not actually going out into the marketplace - it will stay in the broker's (hopefully) segregated bank account. As a result, your broker will "lend" you the base currency of your transaction. As a result of this loan and the interest rate differential between the currencies you are trading, there is a financing consequence - and funds sitting on the side in another bank account is not relevant to the transaction. You could ask them why your deposit doesn't attract interest but that is a different conversation.

Try looking at myfxbook - they have a section where they compare broker swaps. EURUSD swap are increasing and will be increasing even more in July when the Fed ups the US rate again.

Some brokers offer Islamic accounts which are "swap-free", depending on the broker you will require to provide proof of faith to approve the account. Also, make sure you read the terms and conditions as those accounts sometimes have a flat rate charge depending on the instrument you are trading.