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Interest-Free Forex Trading Account >

Interest-Free Forex Trading Account

To further meet the needs of traders from Islamic countries and in strict compliance with the Shariah Law, Deltastock AD offers SWAP-Free Islamic Forex trading accounts upon a request.

In line with our commitment to provide clients with maximum flexibility and to meet their individual requirements, we offer swap-free/Islamic accounts to traders, for whom interest and swaps contravene their religious beliefs. However, not to discriminate clients, Deltastock allows customers from any religious background to apply for a swap-free/Islamic trading account.

The account to be set up is a swap-free trading account with no rollover interest charged or incurred to positions held overnight!

Instead of swaps, based on interest, the Islamic Forex Trading Accounts are charged a service fee of:

  • 0.10 EUR for each position of 1000 base currency units held overnight for the major currency pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD and NZD/USD. For positions greater than 1 000 base currency units held overnight, the service fee shall be calculated as follows: (Position size/1 000) x 0.10 EUR;
  • 0.25 EUR for each position of 1000 base currency units held overnight for the following currency pairs: EUR/JPY, EUR/CHF, EUR/GBP, GBP/JPY, GBP/CHF, USD/BGN, CHF/JPY, EUR/CAD, EUR/AUD, EUR/NZD, GBP/AUD, GBP/CAD, GBP/NZD, AUD/CHF, CAD/CHF, GBP/BGN, CHF/BGN, USD/NOK, USD/SEK, USD/DKK, USD/ZAR, EUR/NOK, EUR/SEK, EUR/ZAR, GBP/NOK, GBP/ZAR, AUD/CAD, AUD/NZD, NZD/CAD, NZD/JPY, CAD/JPY, AUD/JPY, NZD/CHF, EUR/RON, USD/RON, USD/RUB and USD/TRY. For positions greater than 1 000 base currency units held overnight, the service fee shall be calculated as follows: (Position size/1000) x 0.25 EUR.

Deltastock provides traders with the option to customize the lot size according to their individual needs and trading style when trading with the Delta Trading Platform. The size of one lot can be easily set at any number equal to or greater than 1 000 and divisible by 1 000 from the Settings Menu of Delta Trading.

Deltastock AD preserves the right to discontinue offering of an Islamic/swap-free trading accounts without warning!

Should you wish to open an Islamic/swap-free Trading Account, please contact us.

Deltastock AD warns its present and future clients that currency trading is a high-risk activity, where the possibility of suffering losses is considerable. The leverage used magnifies your losses, as well as your gains.


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