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Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

69.21% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Islamic accounts

Use Swap Free option to trade without interest

Are you a trader of the Muslim faith? Consider an FBS Islamic account, which allows you to trade on the standard terms without interest fees.

Forex Islamic accounts are ideal for Muslim clients as they align with the Islamic faith and incur no swaps or interest charges on overnight positions. At FBS, we want to make trading comfortable and equal for everyone, so we offer our traders a Swap Free option, making your trading interest-free.

What is special about Forex Islamic accounts?

For example, you open a long position for EUR/USD. It means that you borrow USD to buy EUR. Let's assume the interest rate on EUR is 0.5% and 1.5% on USD.

Imagine you borrow $100 000 from the US Federal Reserve to deposit 95 000 euro to your account in the European Central Bank. When you transfer positions, you'll pay a 1.5% rate for your loan in the US Federal Reserve and receive 0.5% interest on your deposit in the European Central Bank. However, the Muslim religion forbids any interest credited from loans or deposits.

In this case, the Swap Free option at FBS is your solution. Activate it in 2 easy steps and trade without any additional fees.

FBS Islamic account conditions for traders of the Muslim faith

  • Leverage 1:30
  • Leverage 1:500
  • Spread floating from 1 pip
  • Market Execution from 0,3 sec
  • Trade over 60 trading instruments
  • Available on MetaTrader 5
  • Account types Standard

Islamic account registration

  • Open account
    1. Open account

    Create a suitable account type in your Personal Area for MetaTrader 4 or MetaTrader 5.

  • Choose instrument
    2. Contact our support team

    After opening an account, contact our support team via [email protected].

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