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How to Open an Islamic Account

The swap-free option can be chosen as part of the trading account registration in 3 easy steps:

1

Register

Open your account with OliveFX

2

Verify

Login to the Members Area and Request an Islamic Account

3

Fund

Start trading with swap free account

As soon as our relevant department receives your request, your trading account will receive swap-free status and you will be notified by email accordingly. Please note that OliveFX reserves the right to revoke the swap-free status granted to any real trading account in the event of any form of abuse.

FEATURES OFFERED

OliveFX Islamic Accounts, also known as a swap-free account, incur no swaps or interest charges on overnight positions.

  • No interest/swap charges on overnight positions
  • No spread widening
  • No up-front commissions
  • Positions can be held with no time limit
  • No re-quotes, no hidden costs
  • Leverage up to 500:1
  • 100% real-time market execution
  • Same trading conditions as for our trading account types
  • Free and instant access to all trading platforms
  • 24/5 dedicated support