Islamic Account

We are offering the Islamic account to all our Muslim clients around the world.

If you require assistance, feel free to reach out to us via Live Chat or by contacting us directly on our website.

Education

Swap Free

Balance Shield

Swap Free Accounts

Our "Islamic Account" or "Swap-Free" service is exclusively available for Muslim Clients. This service can be availed on any account type on Meta Trader 4-based accounts, as well as for Affiliate accounts.

When you change your account type to Swap-Free, all other trading conditions remain intact, and the overnight commission depends only on the instrument and the number of open lots.

WHAT IS THE SWAP RATE?

The swap rate, also known as the rollover fee, is an interest fee applied when you keep a position open overnight in forex trading. It is calculated based on interbank rates and one standard lot (100,000 base units) for each currency pair. The latest swap rates can be found on the MT4 trading platform.

In spot forex trading, swap rates are determined two days in advance. For example, if you open trades on Thursday, the swap will begin on Monday. If you open trades on Friday, the swap will begin on Tuesday.

On Wednesdays, swap rates are tripled to account for the weekend, except for NATGAS, which is tripled on Fridays.

Please note that during weeks with holidays, the swap rate structure may be adjusted to accommodate the holiday.