What is an Islamic account?
An Islamic account is a type of trading account designed to comply with Sharia principles.
The key difference from a standard account is simple:
❌ No overnight swap charges on open trades
✅ A fixed administrative fee is applied instead
⚙️ How it works
When your account is switched to Islamic:
✅ All your existing accounts become swap-free
✅ Any new accounts you open will also be swap-free
✅ You will not have both Islamic and regular accounts at the same time
💸 Fees instead of swaps
What to expect: ✅ A fixed administrative fee is charged ✅ The fee is applied daily for each open trade ✅ The amount depends on the instrument and trade size |
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👤 Who can use it?
Islamic accounts are available if you need Sharia-compliant trading conditions.
To activate:
⚙️Your account needs to be verified
⚙️You may be asked to provide supporting documents
⚙️ Our support team will guide you through the process
🛠️ How to enable an Islamic account
Steps:
Go to Profile → Personal info
Select Islamic account
Tap Contact support
Follow the instructions from our team
Once approved, all your accounts will be switched automatically.
⚠️ Important to know
Only one account type can be active at a time (Islamic or regular)
The switch applies to all current and future accounts
Administrative fees are applied instead of swaps on all trades
Fees are charged daily while trades remain open
The account type can be changed back upon request
💬 Need help?
If you want to enable an Islamic account or have questions, contact us via support in the app — we’ll guide you through the next steps.