No rollover interest paid or earned on overnight positions. Full compliance with Sharia law.
Don’t Overstep Your Religious Beliefs
Also called swap-free accounts, an Islamic trading account is for people who abide by Sharia law. It is exactly like a regular trading account type with the same conditions – only it doesn't involve any swaps on trades.
In Sharia law, it's prohibited to pay or receive any type of interest. This limits Muslims from trading. Islamic account comes to aid here. It ensures that no swap or rollover interests are involved on overnight positions, thereby complying with Sharia law.
As a leading multi-asset broker that’s trusted by thousands of traders around the world, Seven Star FX remains committed to delivering clients an excellent experience by respecting and fulfilling their every specific need. With our Islamic account, Muslims can trade comfortably without overstepping their religious beliefs and boundaries.
Islamic Account admin fees
Currency Pairs
Admin fee in USD per lot, per night
-
AUS200, CHINA50, FRA40, GER30, HK50, JP225 NAS100, STOXX50, UK100*$1
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AUS200, CHINA50, FRA40, GER30, HK50, JP225 NAS100, STOXX50, UK100*$1
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AUS200, CHINA50, FRA40, GER30, HK50, JP225 NAS100, STOXX50, UK100*$1
-
AUS200, CHINA50, FRA40, GER30, HK50, JP225 NAS100, STOXX50, UK100*$1
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Fast account
opening -
Instant
deposit -
Access to
120+ products -
Unbelievably tight
spreads -
Negative balance
protection -
Hassle-free
withdrawal -
World-class
support -
Award-winning
platform -
100%
transparency
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