Forex Islamic Accounts (Swap-Free Account Accounts or Shariah Forex accounts)
“FXORO Islamic Account" is designed for traders who cannot receive or pay swaps for religious reasons.
Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.
The trading account is compliant with Sharia law enabling traders to take advantage of FXORO's cutting edge trading technology and deep liquidity.
Traders who are entitled to benefit from an Islamic account can chose amongst the 3 types of accounts -Fix, Floating or ECN and will specify that they picked the Islamic properties.
How to Open a Forex Islamic Account
What you need to Know
For more details on the Company’s Term and Conditions please click here.