What is a Forex Islamic Account?
A Forex Islamic Account is sometimes also called a swap free account. This is because a forex trader using an Islamic account will incur no swaps or interest charges on positions that they hold overnight like a regular forex trading account holder would. You would instead be charged administration fees on your positions.
Are you a forex trader who follows the Islamic faith? If so, then the Sharia compliant Vantage FX Islamic Account is for you. When a trade on your Vantage FX Islamic Account has been opened for the required period of time, an administration charge will instead be deducted from the balance of the account.
For full terms around these administration charges, please see our terms and conditions page.