Islamic Accounts

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

Open Account

IC Trading offers Islamic accounts (also known as swap free accounts) for clients who cannot earn or pay interest due to their religious beliefs. The swap free option** is available on both our Raw Spread and Standard account types on the MT4 and MT5 platforms.

We are committed to providing our clients with the best trading conditions. Our Islamic accounts offer state-of-the-art trading infrastructure and execution speeds enabling our traders to gain a competitive edge.

forex Trading

Islamic Account

  • Trade over 90 instruments
  • 1:500 Leverage
  • Spreads as low as 0.0 pips*
  • No additional costs in place of Swaps
  • MetaTrader 4 & 5
Open Account

Overnight Financing Charges

Swap free accounts do not pay or earn swap or interest on any trades for Currencies, Metals & Indices excluding exotic Currency Pairs, Brent, Natural Gas, and WTI's, where a small financing charge is applicable overnight. Any trades open for more than 1 day in the below mentioned pairs will be charged a flat rate financing charge. Rates & holding period are subject to change to reflect market conditions when necessary. IC Trading's Raw Spread and Standard Account commissions and spreads apply.

Click here to access the terms & conditions governing the use of 'Islamic Accounts' at IC Trading.

Instrument Charges
AUDSGD $5 per lot
EURDKK $5 per lot
EURHKD $5 per lot
NOKSEK $5 per lot
NOKJPY $5 per lot
SEKJPY $5 per lot
SGDJPY $5 per lot
USDHKD $5 per lot
USDSEK $5 per lot
USDTHB $5 per lot
USDCZK $5 per lot
CHFSGD $10 per lot
EURNOK $10 per lot
EURPLN $10 per lot
EURSEK $10 per lot
EURSGD $10 per lot
GBPTRY $50 per lot
GBPDKK $10 per lot
GBPNOK $10 per lot
Instrument Charges
GBPSEK $10 per lot
GBPSGD $10 per lot
USDCNH $10 per lot
USDDKK $10 per lot
USDHUF $10 per lot
USDNOK $10 per lot
USDPLN $10 per lot
XBRUSD $10 per lot
XTIUSD $10 per lot
EURZAR $20 per lot
USDMXN $20 per lot
USDZAR $20 per lot
USDRUB $30 per lot
EURTRY $50 per lot
USDTRY $50 per lot
XNGUSD $40 per lot

Triple charges applicable on Friday night
**IC Trading reserves the rights to request additional documentation in order to offer swap free privilege to an account.

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