Support Center > Knowledge Base> Article: What are the trading conditions for Islamic accounts?

What are the trading conditions for Islamic accounts?

Article ID: 104723 Print
Question
What are the trading conditions for Islamic accounts?

Answer

Almost identical to standard accounts, but with one important difference: no swap charges are applied. Instead of a swap, we charge a commission. For trades where the swap is positive, no commission is charged; for trades where the swap is negative, we charge a commission that’s 75% of the swap (0.75 x swap).


related articles

Article Details
Views: 2828 Created on: Jul 22, 2021
Date updated: Jul 22, 2021
Posted in: English, Accounts

Poor
Outstanding

Risk warning: Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.

FXChoice Limited is authorised and regulated by the IFSC (Licence number: 000067/164)

FXChoice Limited registration number: 105,968

© 2021 FXChoice Limited. All rights reserved

Powered by LiveHelpNow Help Desk Software