Trade the world's markets with our swap-free accounts
Open a dedicated account designed exclusively for traders of the Islamic faith with no interest charges or rollover fees.
How do I open
a swap-free account?
To apply for a swap-free account, it only takes five simple steps.
- Open an account
- Contact customer support or account manager to request to open a swap-free account
- Fill out the Swap Free Account Application Form
- After the review, the account is switched to an swap-free account
- Deposit and enjoy swap free trading
Islamic Trading Account
Online trading platforms allow you to access the CFD markets 24 hours a day, and give you access to a variety of instruments – foreign exchange, commodities, shares, bonds, ETFs, currency options and more. Some traders engage in day trading, which means keeping positions open for a few hours or less. Other traders, however, employ trades with a longer scope and keep their positions open for more than 24 hours.
When you keep a position open overnight, you will need to pay an overnight fee . This kind of fee goes against Riba principles of Sharia law. For that reason, we offer an Islamic account to be used by our Islamic clients, such accounts may keep positions open for a maximum of 5 days without incurring the overnight fee . Positions open for longer than 5 days will incur the fee.