IC Markets Islamic Account
An IC Markets Islamic (swap-free) account removes overnight swap interest for traders who need Shariah-compliant conditions.
Open IC Markets Account →An IC Markets Islamic (swap-free) account lets Muslim traders in Taiwan trade forex and CFDs without paying or receiving overnight swap interest, in line with Shariah principles that prohibit riba. Instead of a swap charge, IC Markets may apply an administration fee on positions held open beyond a set number of days on certain instruments. Islamic accounts are available on the same Raw Spread and Standard account types, with the same USD 200 minimum deposit and access to MetaTrader 4, MetaTrader 5 and cTrader. Traders can request swap-free status through the Secure Client Portal or client support after opening a standard account, and IC Markets may ask for confirmation that the account will be used in line with Islamic finance principles.
IC Markets Islamic account at a glance
- No overnight swap interest is charged or paid on Islamic account positions.
- IC Markets may apply an administration fee on certain instruments held open beyond a set number of days.
- Islamic accounts are available on the same Raw Spread and Standard account types.
- The minimum deposit and access to MetaTrader 4, MetaTrader 5 and cTrader are unchanged.
- Swap-free status can be requested through the Secure Client Portal or client support after account opening.