Sharia Compliant
Islamic Forex Account
Trade Without Interest
XM's Islamic account offers swap-free trading on all instruments. Fully compliant with Islamic finance principles.
Regulated Broker
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No Deposit Required
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Withdrawable Profits
Key Features
Islamic Account Benefits
No Swap Charges
Zero overnight interest on all positions. No hidden fees or wider spreads.
Sharia Compliant
Designed in accordance with Islamic finance principles. No riba in any form.
Fully Regulated
XM is regulated by CySEC, ASIC, and DFSA for maximum protection.
Same Conditions
Same spreads, leverage, and execution as standard accounts.
Getting Started
How to Open an Islamic Account
1
Register
Open a free XM account in less than 2 minutes.
2
Request Islamic Account
Contact support or select Islamic account option during registration.
3
Start Trading
Your account is set to swap-free. Trade all instruments without interest.
Islamic vs Standard
Islamic vs Standard Account
| Feature | Islamic Account | Standard Account |
|---|---|---|
| Overnight Swap | No swap charges | Swap charges apply |
| Spreads | Same (from 0.6 pips) | Same (from 0.6 pips) |
| Leverage | Same (up to 1:1000) | Same (up to 1:1000) |
| Instruments | All instruments available | All instruments available |
| Bonus | $30 No Deposit Bonus | $30 No Deposit Bonus |
| Support | 24/7 Arabic & English | 24/7 Arabic & English |
Frequently Asked Questions
An Islamic forex account (also called swap-free account) is a trading account that doesn't charge overnight interest (swap), making it compliant with Islamic law which prohibits riba (interest).
Forex trading can be halal when conducted through an Islamic (swap-free) account with proper risk management. The key is avoiding interest and excessive speculation.
No. XM Islamic accounts have the same spreads as standard accounts. There are no hidden fees or wider spreads.
Yes, the $30 no-deposit bonus is available for all account types including Islamic accounts.
Contact XM customer support via live chat or email. They can convert your existing account to Islamic/swap-free within 24 hours.
Start Trading Interest-Free Today
Open your Islamic account and trade with confidence. Fully Sharia-compliant, no swap charges.
Open Islamic Account