ISLAMIC TRADING ACCOUNTS

Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith. We offer our Islamic accounts to clients following the Muslim faith.

How to Open An Islamic Account

The swap-free option can be chosen as part of the trading account registration in 3 easy steps:

Open a trading account with us

Login to the Members Area and validate your account

Request An Islamic Account

As soon as our relevant department receives your request, your trading account will receive swap-free status and you will be notified by email accordingly. Please note that Basel Markets reserves the right to revoke the swap-free status granted to any real trading account in the event of any form of abuse such as rollover arbitrage, swap arbitrage or the Clients are not the followers of Muslim faith.         

How to Open An Islamic Account

The swap-free option can be chosen as part of the trading account registration in 3 easy steps:

Open a trading account with us

Request An Islamic Account

Login to the Members Area and validate your account

As soon as our relevant department receives your request, your trading account will receive swap-free status and you will be notified by email accordingly. Please note that Basel Markets reserves the right to revoke the swap-free status granted to any real trading account in the event of any form of abuse such as rollover arbitrage, swap arbitrage or the Clients are not the followers of Muslim faith.         

No Expiration, No Spread Widening, No Commissions and No Hidden Fees.
100% Shariah Compliant.

Account Features at a Glance

Benefits

The Basel Islamic accounts differ greatly from those generally offered by other brokers. The difference lies in the fact that unlike most forex companies who substitute additional fees by widening the spread on Islamic accounts, Basel Markets imposes no additional charges.

In order to abide by the religious law of Islam, traders of Islamic belief are forbidden to pay interest. However, if the interest charge is transferred to a different type of fee, it is basically still a charge that covers the interest. This is also known by the name of swap-free in disguise. Basel Markets is firmly against such practices as it opposes to fair and ethical trading conditions. We are fully supportive of Muslim faith believer.

Fast and Easy Account Opening

Register

Choose an account type and submit your application

Fund

Fund your account using a wide range of funding methods

Trade

Access 1000+ instruments across all asset classes on MT5