Islamic accounts on easyMarkets

Access global financial markets and trade with confidence under Sharia law.

easyMarkets offers Islamic accounts known as’swap-free’accounts to which swap fees, rollover fees and interest are not applied if the trade position is carried over to the next day.

Go to easyMarkets Official Website

How to open an Islamic account?

easyMarkets Islamic accounts have the same characteristics as other accounts.

The only difference is that there is no rolling / swap on the overnight position.

Positions can be open for up to 2 weeks.

Positions will automatically expire at 12:00 GMT after 2 weeks.

  1. Open a trading account at easyMarkets
  2. Please email [email protected] or let the Account Service Manager know to upgrade your account to an Islamic account.
  3. After completion, easyMarkets will send you a confirmation email.

Open easyMarkets’s Account

Why is it Sharia-compliant?

Why are Islamic accounts compliant with Shariah? The Sharia law and the Quran, which are Islamic trading laws, ask you about alcohol and gambling. Let’s say they are great sins … ”(Sura al-Baqara 2:219).

Depending on Islamic conditions, easyMarkets Islamic accounts do not charge interest on positions that remain open after midnight, as they may not charge interest or swaps in carry-forward positions, also known as RIBA, and the volume of the position.

No profit or loss will occur regardless.

Go to easyMarkets Official Website

Reasons to trade on easyMarkets

EasyMarkets gives you easy access to any market.

  • Full Sharia compliant Islamic account.
  • Access to over 200 CFD markets including currencies, precious metals, indicators, commodities and options.
  • Simple and user-friendly web, mobile and MT4 platforms.
  • Guarantee stop and fixed spread.
  • Support and training from Personal Account Service Manager.
  • Dedicated support provided by professional market analysts from award-winning dealing rooms for VIP clients.

Open easyMarkets Swap Free Account

Comparison of easyMarkets’ trading account types

The main differences of the account types available for easyMarkets are as follows:

Platform easyMarkets Web/App and TradingView MT4 MT5
Account Type VIP Premium Standard VIP Premium Standard Standard
Spread Type Fixed Fixed Fixed Fixed Fixed Fixed Variable (Floating)
Minimum Spread 0.8 pips 1.5 pips 1.8 pips 0.7 pips 1.2 pips 1.7 pips 0.6 pips
Required Minimum Deposit 10,000 USD 2,000 USD 25 USD 10,000 USD 2,000 USD 25 USD 25 USD
Minimum Trading Volume 0.01 lots 0.01 lots 0.01 lots 0.01 lots 0.01 lots 0.01 lots 0.01 lots
Maximum Leverage 1:200 1:200 1:200 1:400 1:400 1:400 1:500
Trading Commission None None None None None None None
Account Fee None None None None None None None
Personal Account Manager Available Available Available Available Available Available Available
No Slippage Optional Optional Optional Unavailable Unavailable Unavailable Unavailable
Guaranteed Stop Loss Optional Optional Optional Unavailable Unavailable Unavailable Unavailable
NBP (Negative Balance Protection) Available Available Available Available Available Available Available
Trading Central Unavailable Unavailable Unavailable Available Available Available Available
Sign Up Links Open VIP Web Account Open Premium Web Account Open Standard Web Account Open VIP MT4 Account Open Premium MT4 Account Open Standard MT4 Account Open Standard MT5 Account