Switch Markets
Islamic Account
Are you a trader of Islamic faith? Our Sharia-compliant Switch Markets Islamic Account is made just for you!
IMPORTANT: Switch Markets is not a religious authority on Islamic trading. If you want to ensure your trading activities are halal and in accordance with your law, please consult a religious authority.
How to open an Islamic account in 4 simple steps
- No deposit fee
- No interest or swap charges for the first 10 days
- NO commissions on trades beforehand
Apply for an Islamic account
Verify your account by uploading relevant documentation
Make a minimum of $50 deposit to your trading account.
Trade swap-free for 10 days
What is an Islamic Trading Account?
Islamic Trading Account, also known as 'No Swap Account' is a specific type of trading account that follows the Sharia laws and therefore allows Muslims to engage in trading activities.
Unlike conventional finance, finance in Islamic countries is mainly driven by ethical goals and considerations. As such, it comes with different rules and regulations.
These are all considered in our Swap-free accounts and therefore Muslim traders do NOT pay swap, interest or overnight charges on trades for Forex & Metals.
However, if a trader holds a position open for over 10 days, a flat rate fee will be charged. Please see the fixed rates below.
Trade With 1,000's Instruments
Explore a wide range of instruments, diversify your strategy, and trade with confidence in your risk-free trading simulator.
Download Instrument Specifications PDFDiverse Range of Trading Instruments
Forex
Majors, minors and exotics. No matter the pair, we've got you covered.
Indices
Trade indices from across the globe and major markets.
Digital Currencies
Trade the most widely used digital currencies.
Commodities
Gain access to energy, agriculture and metal markets - we've got it all!
CFD Shares
Buy and Sell 1,000's of Stocks of the most popular companies.
Why trade with Switch Markets?
Peace of mind
We're switched on to what you need
- Tight spreads from 0.0 pips
- Zero commission account
- Trade 1,000's of Global Markets
Free VPS and education
Smart trading and fast execution
- Free VPS for all live accounts
- Free education from our partners
- Free proprietary trading tools
It's all about you
Let's make sure you're on the path to success
- Regulated and trusted broker
- 24/7 real-human expert support
- Multilingual team members
Standard
Commission $0
Spreads from
1.4
No commission. Zero. None. Nada.
Spread as low as 1.4
No commission
Free VPS (worth $497)*
Credit bonus up to $5,000*
Leverage up to 1:1000
MT4/5 platform
Suitable for:
Day traders, trend followers, scalpers, EA traders, High-frequency and Discretionary traders
Minimum deposit of
$50
USD, EUR, AUD, GBP, CAD, NZD, CHF
Pro
Spreads from 0.0*
Spreads from
0.0
Starting from $3.5 USD Commission*
Spread as low as 0.0*
Low commission
Free VPS (worth $497)*
Credit bonus up to $5,000*
Leverage up to 1:1000
MT4/5 platform
Suitable for:
Day traders, trend followers, scalpers, EA traders, High-frequency and Discretionary traders
Minimum deposit of
$50
USD, EUR, AUD, GBP, CAD, NZD, CHF
Not sure which account is for you?
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