Switch Markets Logo
Trading ConditionsCost of TradingSpreadsSwap RatesTrading HoursAlgo TradersView All PlatformsDownload MT5Download MT4Webtrader (MT4)Webtrader (MT5)
View All MarketsForexSharesIndicesCommoditiesDigital CurrenciesGold TradingSilver TradingCopper TradingOil Trading
Live Trading AccountDemo Trading AccountDepositsWithdrawalsAccount ComparisonIslamic Trading AccountPAMM AccountSocial TradingVIP Customer ProgramDynamic Leverage
Learn To TradeFree Trading JournalEA Tools For TradersMarket MoversMarket Movers ForexMarket Movers StocksMarket Movers CryptosMarket Movers IndicesMarket Movers Metals
View All Trading ToolsEconomic CalendarForex Profit CalculatorPip CalculatorForex Margin CalculatorForex Forward Rates CalculatorCAGR CalculatorValue At Risk CalculatorForex Drawdown CalculatorRisk of Ruin CalculatorStop Loss Take Profit CalculatorFibonacci Trading CalculatorLot Size CalculatorCurrency Strength MeterMarket Heat MapForex Swap CalculatorForex Volatility CalculatorForex Market Hours Time Zone ConverterForex Compound CalculatorPivot Point CalculatorWin Rate CalculatorRisk to Reward Ratio CalculatorVWAP CalculatorTrade Return Calculator
About UsContact UsOur ReviewsCareersBecome an IBCredit BonusAlgo BusinessesFree VPSFree PineConnectorFree AlgoBuilderFree TrackatraderRisk Manager EA
Log InOpen Account

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Islamic Trading Account

Islamic Account

Are you a trader of Islamic faith? Our Sharia-compliant Switch Markets Islamic Account is made just for you!

How to open an Islamic account in 4 simple steps

Apply for an Islamic account

Verify your account by uploading relevant documentation

Make a minimum of $50 deposit to your trading account.

Trade swap-free for 10 days

0% Commission Account•Swap Free Accounts•0 Deposit Fee

What is an Islamic Trading Account?

Islamic Trading Account, also known as 'No Swap Account' is a specific type of trading account that follows the Sharia laws and therefore allows Muslims to engage in trading activities.

Unlike conventional finance, finance in Islamic countries is mainly driven by ethical goals and considerations. As such, it comes with different rules and regulations.

These are all considered in our Swap-free accounts and therefore Muslim traders do NOT pay swap, interest or overnight charges on trades for Forex & Metals.

However, if a trader holds a position open for over 10 days, a flat rate fee will be charged. Please see the fixed rates below.

Trade With 1,000's Instruments

Explore a wide range of instruments, diversify your strategy, and trade with confidence in your risk-free trading simulator.

Download Instrument Specifications PDF
Instrument
Min. Spread
Avg. Spread
Min. Trade Size
Swap Long**
Swap Short**
Margin %
Commission
EURUSD
1.4
1.5
0.01
0
0
0.1%
$0
USDJPY
1.4
1.5
0.01
0
0
0.1%
$0
GBPUSD
1.5
1.9
0.01
0
$0
0.1%
$0
USDCAD
1.7
1.8
0.01
0
$0
0.1%
$0
USDCHF
1.6
2.2
0.01
0
$0
0.1%
$0
AUDUSD
1.5
1.7
0.01
0
$0
0.1%
$0
NZDUSD
1.5
1.8
0.01
0
$0
0.1%
$0
XAUUSD
1.5
2.9
0.01
0
$0
5%
$0
XAGUSD
2
2.3
0.01
0
$0
10%
$0
AUDCHF
1.7
2.5
0.01
0
$0
0.2%
$0
AUDJPY
1.8
2.9
0.01
0
$0
0.2%
$0
AUDNZD
2.5
3.4
0.01
0
$0
0.2%
$0
EURAUD
1.5
2.1
0.01
0
$0
0.2%
$0
EURCAD
2.1
3.2
0.01
0
$0
0.2%
$0
EURCHF
1.7
2.5
0.01
0
$0
0.2%
$0
EURGBP
1.6
1.8
0.01
0
$0
0.2%
$0
EURJPY
1.8
3
0.01
0
$0
0.2%
$0
GBPAUD
2.1
3.8
0.01
0
$0
0.2%
$0
GBPCAD
2.1
3.7
0.01
0
$0
0.2%
$0
GBPCHF
1.8
3.2
0.01
0
$0
0.2%
$0
GBPJPY
2.6
3.7
0.01
0
$0
0.2%
$0

Diverse Range of Trading Instruments

Forex

Majors, minors and exotics. No matter the pair, we've got you covered.

60+ Currency Pairs
Up to 1:30 leverage
Spreads as low as 0.0 pips
MT4 and MT5 platforms
Cent account available
Learn More

Indices

Trade indices from across the globe and major markets.

20+ Indices to trade
Up to 1:20 leverage
Spot and Futures CFDs
MT4 and MT5 platforms
Learn More

Digital Currencies

Trade the most widely used digital currencies.

65+ most popular digital currencies to trade
24/7 market availability
0 hidden fees
MT4 and MT5 platforms
Learn More

Commodities

Gain access to energy, agriculture and metal markets - we've got it all!

15 commodities to trade
Leverage up to 1:20
Spot and Futures CFDs
MT4 and MT5 platforms
Learn More

CFD Shares

Buy and Sell 1,000's of Stocks of the most popular companies.

1,000's of CFD Shares to trade
Up to 1:10 leverage
Earn dividends
MT4 and MT5 platforms
Learn More

Why trade with Switch Markets?

Assets Available for Trading

Islamic trading account can access a range of financial instruments

  • Forex (Currency Trading)
  • Stocks (Equities)
  • Commodities (Gold, Silver, Oil, etc.)

Peace of mind

We're switched on to what you need

  • Tight spreads from 0.0 pips
  • Zero commission account
  • Trade 1,000's of Global Markets

Free VPS and education

Smart trading and fast execution

  • Free VPS for all live accounts
  • Free education from our partners
  • Free proprietary trading tools

It's all about you

Let's make sure you're on the path to success

  • Regulated and trusted broker
  • 24/7 real-human expert support
  • Multilingual team members
MetaTrader Platform Interface
MetaTrader 4 Logo
MetaTrader 5 Logo

Trade On The Most Powerful MetaTrader Platforms

Trade with the world's most popular trading platforms - on any device.

Open AccountDownload MT5 Here