Islamic account (swap-free)
IGSpace offers a solution for clients who profess Islam and comply with the requirements of Sharia law - an Islamic account (swap-free) without swaps and additional fees. Swap is an operation of transferring a position to the next day. Swap can be negative or positive depending on the difference in interest rates between banks.
*Other trading conditions on Islamic accounts are similar to those for Fixed, Standard and ECN accounts.
How to open an Islamic account?
- Open a Standard, Fixed or ECN account
- Verify and deposit funds into your account
- If you are a practising Muslim, submit a request in your personal account to activate the Islamic option
- Our specialists will check your documents and connect the Islamic option to your account
Experience the benefits of an Islamic account!
- No hidden fees
- No swaps on currency pairs and metals*
- 100% compliance with sharia law