Islamic accounts and Swaps

Islamic accounts and Swaps

FXOpen offers SWAP-free Islamic accounts which are compliant with Sharia laws for Muslim traders. If you are not sure if your account is Islamic or not, please contact FXOpen Customer Support, give your account number and ask to make your account SWAP-free.

Starting February 2nd, 2015 traders will be charged an additional commission for overnight positions on MicroSTP and ECN Islamic accounts. The commission equals to SWAP.

Commission is charged on rollover and is displayed in the Terminal section in MT4. For ECN account the rollover commission is added to the commission for opening a trade.

You can look up FXOpen SWAPs in the MetaTrader:

  1. Right-click on the currency pair in the Market Watch window;
  2. Select Symbols;
  3. Choose the pair again in the pop up window;
  4. Click Properties on the right. You will see "swap long" and "swap short".
You can find all the necessary details in the TRADING > Commissions & Swaps section on the company's website.
If you still have questions, contact us via Live ChatFXOpen Live Chat (FXOpen Markets Ltd), FXOpen AU Live Chat (FXOpen AUS), FXOpen UK Live Chat (FXOpen UK), and FXOpen EU Live Chat (FXOpen EU).

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