More Option
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
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.