Islamic Account

Enjoy swap-free trading on overnight positions with our Sharia-compliant accounts.

 

The benefits of our Sharia-compliant accounts


We understand the need to be governed by the principles laid down by Islamic Shari'ah. That’s why we offer a custom swap-free account – known as an “Islamic account.” This will allow Muslim traders to trade online while remaining in compliance with Sharia law.

Swap-free accounts with ThinkMarkets do not earn swap or interest for any products held in the account. Instead, you will be charged a simple weekly administrative fee* for positions that are held for seven days or more. No fees will be charged on positions for the first six days. These charges will be made in 7-day increments with the following rates, in USD per 1 full lot per day.

 Apply now
islamic account

Administration fee per instrument*

Group 1 $5 fee

AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, XAGUSD, XAUUSD, COPPER, PLATINUM, WTI, BRENT, NGAS

Group 2 $10 fee

AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURNZD, EURNOK, EURSEK, EURSGD, GBPAUD, GBPCAD, GBPCHF, GBPNZD, NZDCAD, NZDCHF, NZDJPY, USDNOK, USDSEK, USDSGD

* To apply as of Monday 2nd December 2019

No swap/rollover charges on overnight positions.

Spreads from as low as 0.1 for FX and 15 cents for Gold on pro accounts.

No hidden trading fees/commissions on standard and pro accounts.

Free access to a library of trading tools and guides.

islamic account

How do I open an Islamic Account?


Follow the 3 simple steps to open an account:
 
1Apply for ThinkMarkets Live Account
2Send in your request for an Islamic Account to [email protected]*
3Fund your account and start trading

Apply now
 
*As soon as we receive your request, the status of your account will be set to swap-free and you will receive an email notification. Please note that the "swap-free" status is subject to change should any abuses of the account be found. Islamic Accounts are available for Standard and Pro Accounts only.
Back to top