Islamic Account

What is the Islamic Account?

Mechanically, it is a regular live account with one key change: no swap is charged or credited on positions held overnight. Instead of paying or receiving rollover interest, you simply hold the position.

The execution model, platform options, and instrument list are unchanged. You are trading the same markets through the same routing as any other MondFx client — the only difference is the rollover treatment.

Islamic account features

The specifics of how the account is configured:

• Swap-free trading — No overnight interest charged or credited on any open position — for any instrument supported on the account.
• MetaTrader 5 platform — Available on MT5 with the same execution stack used across the rest of the brokerage.
• Leverage up to 1:100 — Conservative leverage tier matched to long-hold profiles where positions sit for days or weeks rather than minutes.
• Minimum deposit $1,000 — Sized so you can carry a position through normal market volatility without margin pressure.
• Full instrument access — Forex, metals, indices, and other supported CFDs — no separate instrument restrictions beyond what local regulation requires.

Who is this account for?

This account fits traders who hold positions longer than a single session and need swap-free conditions for compliance or personal reasons. It also works well for swing and position traders who want clean, interest-free overnight holding regardless of religion.

How to open an Islamic account

Activation happens from the client area, like any account type:

1. Sign in to your client area and complete KYC if you haven't yet.
2. Open Accounts → Create new account and select Islamic from the list.
3. Set base currency and confirm. The swap-free setting is applied automatically at creation.
4. Fund the account from your wallet and start trading — overnight holding is free of any interest charge from the first night.