At IST Markets, we realize the significance of following Islamic principles as pertains to financial trading, which is why we are proud to offer Islamic Trading Accounts – better known as swap-free accounts-designed for traders of specific religious persuasions who cannot earn or pay interest.
Whether you choose our DIFFERENT ACCOUNTS , your swap-free alternative will let you trade with confidence, your values preserved.
IST Markets offers Islamic accounts (also known as swap free accounts) for clients who cannot earn or pay interest due to their religious beliefs.
The swap free option is available on both our Raw Spread and Standard account types on MT5.
We are committed to providing our clients with the best trading conditions. Our Islamic accounts offer state of the art trading infrastructure and execution speeds enabling our traders to gain a competitive edge.
At IST Markets, we offer swap-free trading with complete transparency, allowing you to trade freely without any overnight interest charges. Our Islamic accounts guarantee a trading environment fully aligned with your values and free of any hidden costs.
Expand your investment opportunities with access to more than 90 instruments, including forex, indices, commodities, and other assets. Our platform is designed to give you the flexibility to diversify and grow your portfolio with ease.
Enjoy highly competitive trading terms with leverage up to 1:1000, helping you boost your trading potential. Benefit from spreads as low as 0.0 pips and trade without any additional or hidden fees, ensuring that your profits are maximized.
Our state-of-the-art trading infrastructure combines ultra-fast order execution with the latest technology, giving you a real advantage in today’s dynamic and competitive financial markets.
Our Islamic accounts strictly adhere to Sharia principles, ensuring that all your trades are halal and completely interest-free. You can trade confidently, knowing that your investments fully respect your religious values.
Diversify your investment in stocks with our Islamic Stock Trading Account, tailored for traders to trade in shares in adherence to Islamic laws. From popular global tech companies and financial institutions to emerging markets companies, IST Markets has got you covered with a wide variety of halal stock trading opportunities. Enjoy swap-free trading with no hidden fees and super-fast execution, knowing you can confidently trade stocks with your values intact.
At IST Markets, our Islamic CFD Trading Accounts enable traders to speculate on the price movement of a variety of financial instruments, such as commodities, indices, and cryptocurrencies, without actually owning the product. Our swap-free feature makes trading CFDs totally transparent and interest-free, meaning that you have found the ideal partner in us for halal trading. High leverage, competitive spread, and sophisticated trading tool-everything you need to unlock a new opportunity in the CFD markets.
1- Sign Up: open a Standard account.
2- Swap-Free Option: At the time of registration, select the Islamic account option.
3- Start Trading: Experience top-notch trading with advanced tools and unparalleled trading conditions.
For any question or need for guidance in this regard, our active customer support will be there for assistance.
Commitment to Excellence IST Markets is committed to providing customized trading solutions for each of its clients. Our Islamic Trading Account allows access to:
Trade with confidence, knowing you’re partnered with a broker that respects and upholds your values.
Open an Islamic Trading Account with IST Markets and experience the perfect blend of ethical trading and top-tier market conditions.
CFD positions that stay open overnight incur a small fee, relative to the value of the position. These fees reflect the forces of supply and demand driving the financial markets, including to cover costs associated with your position.
FEES ARE IN USD, PER NIGHT, PER UNIT
SELL (Short)i:
Zero Fee for easy-to-borrow stock: Easy-to-borrow stocks are those with an annual borrow cost below 10%.
Hard-to-borrow stocks will incur a borrow cost reflected as an overnight fee (borrow cost divided by 365) on your position: Hard-to-borrow stocks are those with an annual borrow cost above 10%. Currently, this applies to less than 2% of eToro’s available stock symbols:
Borrow costs may vary over time and currency.
BUY (Long)i: 6.4% + benchmark
Benchmark rates may vary by currency and over time.
*Fees generated from the spread will be charged at the closing of a position.
There may be instances when market conditions cause spreads to widen beyond the spreads displayed.
*Spreads indicate the lowest possible scenario. Spreads are variable and may fluctuate.
An Islamic Trading Account, also known as a swap-free account, complies with Sharia law by eliminating overnight interest charges (swaps) on trading positions.
Any client who wishes to trade in accordance with Islamic financial principles can request an Islamic Trading Account.
IST Markets does not charge additional fees in place of swaps for Islamic accounts. However, standard spreads and commissions applicable to the chosen account type will apply.
Islamic accounts are available on the MetaTrader 5 (MT5) platform offered by IST Markets.
Clients can access over 90 trading instruments, including forex pairs, commodities, indices, and more.
Yes, Islamic accounts offer leverage up to 1:1000, depending on the instrument and account type.
To apply, register for an account with IST Markets and request the Islamic account option during the account setup process or by contacting customer support.
Yes, existing clients can request to convert their standard account to an Islamic account by contacting IST Markets' customer support.
Swap free accounts do not pay or earn swap or interest on any trades. IST Markets Raw Spread and Standard Account commissions and spreads apply. IST Markets may, at its discretion, update fees relating to swap free accounts on its website from time to time.
Swap free accounts are to be used in good faith and, clients may not use the swap free account to make profits from swaps or, not paying swaps. They should also note that they may not request the payment of any Swap amounts that have been lost as a result of converting their live trading Account(s) into one or more Swap free Accounts for the period during which their real trading Account(s) has/have been converted into one or more Swap free accounts.
IST Markets reserves the right to revoke an accounts swap free status without having to provide reasoning for this. If IST Markets detects that a swap free account is being abused by taking advantage of not paying swaps, in the form of, but not limited to; fraud, manipulation, cash-back arbitrage, carry trades, or other forms of deceitful or fraudulent activity with the usage of a Swap free Account, than we reserve the right to take immediate action in the form of;
a. Revoking Swap free privilege to all live trading Accounts that are under suspicion of exploitation;
b. Correction and recovery of accrued Swaps and related accrued interest expenses and/or costs pertaining to and all of the client’s Swap free trading Accounts for the period which the Accounts were converted into Swap free status;
c. Termination of the client agreement
e. Nullifying all trades carried out on client’s trading Accounts and, cancelling any profits earned or losses incurred on such client’s trading Accounts.
f. We advise that we reserve the right to cancel the Swap free privilege granted to any live Account at any time without being obliged to provide any explanation or justification.
