Islamic Forex Account|Swap Free Account

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

Islamic account registration

1. Open account
Create a suitable account type in your Personal Area for MetaTrader 4 or MetaTrader 5.
2. Contact our support team
After opening an account, contact our support team via [email protected].

Phone number

Select the best time for us to call you.

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

Islamic accounts

What is special about Forex Islamic accounts?

FBS Islamic account conditions for traders of the Muslim faith

Islamic account registration

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