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.

Open Islamic Account Is Forex Halal?

Regulated Broker / Overnight swap / Conditional Profit Withdrawal

20M+

Active Traders Worldwide

190+

Countries Served

1,000+

Tradable Instruments

Overnight swap

Islamic swap-free account — quick facts

An Islamic forex account is the broker’s swap-free profile: overnight interest (swap) is not charged on eligible positions, while spreads, platforms, and execution generally match standard accounts. Availability and asset coverage depend on XM’s current Islamic account policy.

No overnight swap on qualifying positions (no riba from daily rollover in that form).
Same MT4/MT5 access and comparable trading conditions to standard accounts where offered.
Request swap-free during signup or ask support to convert an existing account.

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 lists group entities under CySEC, DFSA, FSCA and FSC/FSA; your protection depends on the legal entity assigned to your account.

Same Conditions

Same spreads, leverage, and execution as standard accounts.

Getting Started

How to Open an Islamic Account

Register

Open a free XM account in less than 2 minutes.

Request Islamic Account

Contact support or select Islamic account option during registration.

Start Trading

Your account is set to swap-free. Trade all instruments without interest.

Comparison

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	Bonus eligibility varies	Bonus eligibility varies
Support	24/7 Arabic & English	24/7 Arabic & English

Learn More

Islamic Forex Guides

Is Forex Halal?

Comprehensive analysis of forex trading from an Islamic perspective.

Swap-Free Account

Everything about interest-free trading accounts and how they work.

Islamic Forex Guide

Complete guide to Sharia-compliant forex trading.

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.

It depends on your XM entity, country, account setup and the current campaign. Check the Members Area before opting in; some deposit bonuses exclude specific account types.

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

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Islamic Forex Account Trade Without Interest