Islamic accounts are swap-free trading accounts intended for traders who use trading systems that do not take into account the impact of swaps or those clients who cannot use swaps owing to their religious beliefs.
Essentially, Islamic accounts are free from rollover interest on overnight positions regardless of the position volume.
Features at a Glance
- No interest/swap charge on overnight positions.
- Administrative fee will apply for overnight positions held for over 3 days.
- Competitive spreads.
- Leverage up to 300:1.
- Fast market execution.
- No trading restriction.
- 24/5 dedicated Client Support.