Trade with ACT Brokers
Islamic (Swap-Free) Account
Get yourself a swap-free account that is compliant with Sharia law.
Swap free or Islamic account is tailored for those willing to avoid supporting SWAP fees while keeping opened positions overnight! Swap refers to an interest paid or received for overnight positions that go beyond the usual New York stock exchange closing time of 5PM ET.
In respect to Islam followers who are prohibited to earn interest based on sharia beliefs, ACTBrokers SWAP free account offers:
- No interest rate added/charged for overnight opened positions
- Low floating spread
- Bonus on deposit
- No Dealing Desk
- Execution fast as 10 ms
- Demo risk-free account
- Scalping and Hedging allowed
Open an Islamic Account
Account Details
Based Currency | USD |
Minimum Deposit | $5-$10,000 |
Minimum Lot Size | 0.01 |
Spread From | 0-2.5 PIPs |
Execution Type | Market |
Stop Out Level | 30% |
Requote | NO |
Demo Account | YES |
Bonuses | NO |
Margin Call | 100% |
Strategies Allowed | (Scalping, Hedging, EAs) |
Platform | MT5 |
Leverage | 1:500 |
Tradeable Instruments | Majors, Minors, Crosses, Indices, Energies, Metals, EU and US Equities |
Negative Balance Protection | YES |
NOTE
- You can fund your account in Naira and USD
- Spreads are floating and they may increase during specific periods of the day depending on the market conditions.
- Exotic pairs are not available for swap-free accounts.
- Please note that margin requirements may vary between symbols and servers.
4 Steps to Start Trading
