Islamic Account

Swap-Free or Islamic Forex Account

we offer islamic accounts

We offer swap-free rates during overnight positions as per the Sharia law.

About Islamic Accounts

Islamic accounts are similar to the current trading accounts we offer, but with additional swap-free option where no swaps or rollover interests are charged during overnight positions, as per the Islamic Sharia law where extra rewards (swaps) are forbidden.

How to Open an Islamic account

If you are a trader following the Muslim faith, you need to open a normal trading account with us and send an email request to backoffice@mxtrade.com, along with your personal account id, asking for the swap-free option.

Once we receive your email request, one of our back office representatives will contact you via email or phone for further information on how to activate the Islamic option.