Islamic (Swap-Free) Account

Traders of Islamic faith can apply for a Islamic trading account where no interest fees will be credited or debited.

100% Shariah compliant

Pay no interest on your positions held overnight

Available at one click

Simply check "Swap Free" box when you open your account

Available for all account types

Trade without swaps on any account that suits you best

Best Islamic Account

We are happy to be distinguished by a trusted Forex web portal

Islamic Account

$ 100 Minimum Deposit
  • No Swap Charge
  • 0.01 lot Minimum Trading Volume
  • Spreads starting from 2.8 pips
  • $2 Commission per lot
  • 1:200 Max. Leverage

Islamic Trading Accounts

Forex Islamic account is known as a swap-free account as there is no swap or rollover interest on overnight positions, which is against the Muslim faith. All Muslim clients can benefit from PomeloFx’s best trading conditions by opening any account with us – Standard, RAW – and converting it to an Islamic type.

Islamic accounts have exactly the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps on trading instruments.

Our all-star Client Support team will process your request for an Islamic account status within 1 business day and you will receive an email confirmation once all is set up. All subsequent trading accounts opened by you at PomeloFx will be automatically classified as swap-free meaning there will be no need for contacting us again.

How to open an Islamic account in 3 simple steps

01

Verify your account by sending all the relevant documentation.

02

Fund your current trading account.

03

After you’ve funded your account, you can apply for an Islamic account, which operates under the Sharia Law. The request will then be forwarded to the relevant department for review and approval. Requests are usually processed within 1-2 business days.

Account Details

Trading Platform:MetaTrader 4/5, Webtrader and Mobile Trading
Spreads:From 2.8 pips
Trading Instruments:

85+ financial instruments to choose from Forex, Metals, Energies and Indices

Maximum Leverage: *1:200
Execution:Market Execution
Minimum opening deposit:$100
Minimum trade size:0.01 Lot
Margin Call / Stop out level:60% / 50%
Account Currency:GBP, USD, EUR
Personal Account Manager:Yes
Commission:$2/lot

Start trading with

A regulated Forex CFD provider today