Islamic Trading Account
A swap-free , no-interest account tailored to Islamic traders
Islamic Account
Also known as ‘no swap accounts. Islamic trading accounts allow Muslims to engage in online forex trading online in conformity to Shorio low.
With 2596 of the world’s population practicing the Islamic faith. Islamic forex trading has continued to gain popularity worldwide. Basically.
Islamic trading accounts charge no swap or rollover interest on positions held overnight in the forex market. An administration fee is. however, charged on open positions.
Key Benefits
Swap Free
Zero interest/swap charges on overnight positions
Zero
Commissions
Instant
Trade Execution
Platforms
Free and unlimited access to all FPG trading platforms including WebTrader, and Android and iOS platforms
Islamic Account FAQs
Once approved for an Islamic account, you will be issued with a Trading Notice outlining details of the interest free nature and general conditions of the account. Please be aware that FPG reserves the right to monitor an interest free account to ensure it is being used in good faith and for the purposes intended, and contact you directly if we suspect any irregularities.
Opening an Islamic account with FPG is easy! Simply contact our Client Services team and we’ll help you through the process. Please note that approval to open an Islamic trading account is the sole discretion of FPG.
Obviously the main attraction of the Islamic account is that it allows those who follow Sharia Law to trade on the markets without breaking with their faith. It also allows traders to stay true to their morals and ethics.
Trade with us
Start trading with Fortune Prime Global
in a few simple steps
Open an account
Takes 4 minutes online.
Upload your documents
Verify your details.
Fund your account
Choose from multiple payment methods.
Start trading
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