Vipro markets offers Islamic accounts(also known as Swap Free accounts or Shariah Forex accounts) for clients who cannot earn or pay interest due to their religious beliefs. The trading account is 100% compliant with Sharia law.
On Islamic /swap-free account there is no swap or rollover interest on overnight positions. All Muslim traders can benefit from Vipro markets best trading conditions by opening any account with us – Classic, ECN Pro or VIP – and converting it to an Islamic type.
Advantages of a Islamic / Swap Free Account in Vipro Markets:
- No interest/swap charges on overnight positions
- No spread widening
- Positions can be held with no time limit
- Leverage up to 500:1
- Wide range of trading instruments
How to Open a Forex Islamic Account
Our Client Support team will process your request for an Islamic account status within 1 business day and you will receive an email confirmation once all is set up. All subsequent trading accounts opened by you at Vipro markets will be classified as Islamic / swap-free.