No Swap - Islamic Forex Account
Islamic Forex Account
Our Islamic Forex Account allows you to trade on the standard terms without interest fees being credited or debited. The swap-free option is available on our account, and ensures Islamic traders do not pay or earn swaps or interest on specific FX currency pairs, Indices, commodities and Shares.
Advantages of the Islamic (swap-free) account
Designed for Islamic traders
The Islamic account offers the same spreads, fast execution and the standard account, while being swap-free.
No interest fees paid or received
The Islamic Forex account is swap-free, with no interest paid or received during the contract period.
Wide selection of account features
Access all other trading account benefits, including low spreads and commissions, fast execution, and cutting-edge trading technology.
Islamic Account
$100 - 5000
| Execution Type | STP |
| Leverage | Up to 200:1 1 |
| Spread | from 1.5 pip |
| Minimum Trade Size | 0.01 lot |
| Markets | Forex Majors Forex Minors Metals Energies Shares Majors 2 |
| Account Base Currency | $ USD € EUR ₮ USDT (Tether) |
Overview of Islamic trading account
- No interest/swap adjustments on overnight positions
- No spread widening or specific initial commissions
- Option to open an account as an Islamic Account
- Same trading conditions as on standard trading accounts
- Availability for both Retail and Professional Clients
- No restrictions on trading styles, strategies or use of Expert Advisors
- Leverage 200 for Islamic account, will be offered after 3 months of trading
- Shares have Leverage 10:1 for all account types