Is it possible to trade Forex or Futures with Leverage 1:1?

Hello

Is there any Forex, or Futures Broker that offers a Leverage of 1:1? I'm asking because at that leverage, there would be no overnight fees since no money is borrowed from the broker.

You can always gear down to 1:1 leverage. just take your balance and divide it by your unit amount of $100,000 for a standard or $10,000 for a mini or $1,000 for a micro account. So if you want a 1:1 leverage on say a mini account, and you have $5000 in your account, you would:

$5000 / $10000 = 0.5 lots. This is 1:1. You are controlling $5000 in currency with your $5000 margin account. How ever much the maximum your broker will give you like 100:1 or 500: 1 is not relevant.

Regarding the interest, your broker is not charging the interest on money borrowed from them so much as they are charging the interest differential between the two currencies you are trading. You are buying one and selling the other and the interest rates of the two countries may be different. Also, your broker will probably tack on some vigorish to use a gambling term.

get a no swap broker or a Muslim friendly broker that charges no interest

The no-swap accounts have a hefty commision charge. swap or no-swap doesn't matter for your situation.

very interesting, thanks