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
Meta Trader 4 & 5

IC Markets 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 True ECN and Standard account types on the MT4 and cTrader 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.

Overnight Financing Charges

Swap free accounts do not pay or earn swap or interest on any trades for Currencies, Metals & CFDs excluding exotic currency pairs, 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 is subject to change to reflect market conditions when necessary. IC Markets True ECN and Standard Account commissions and spreads apply.

Click here to access the terms & conditions governing the use of 'Islamic Accounts' at IC Markets.


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
USDCHB
$ 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
Instrument
Charges
GBPDKK
$ 10
per lot
GBPNOK
$ 10
per lot
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
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
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