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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:



Open your account with OliveFX



Login to the Members Area and Request an Islamic Account



Start trading with swap free account

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.


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
  • Leverage up to 500:1
  • 100% real-time market execution
  • Same trading conditions as for our trading account types
  • No re-quotes, no hidden costs