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Islamic Accounts

Trade Islamic forex accounts with USD. Start trading on MetaTrader 5 with up to 500:1 leverage /span>

XBTFX offers Islamic crypto forex trading accounts for traders that are required to comply with Sharia law. Islamic forex accounts, also known as swap-free accounts, have no swap, or rollover interest on overnight positions. Customers with an Islamic trading account will not be charged daily swaps. Islamic Account Terms and Conditions apply.

Our Islamic accounts offer superior execution over our state of the are trading infrastructure that simultaneously powers our ECN and Standard accounts types. Islamic accounts do not pay or earn swap interest on all instruments in the XBTFX MT5 platform, including cryptocurrency pairs.

Currently, the XBTFX Metatrader 5 platform only supports Islamic trading accounts using Tether ( USDT ) as a base trading account currency. With a verified account you can deposit, withdraw, and trade your Islamic Forex account using Tether . You can also deposit and withdraw using any of our supported crypto deposit and withdrawal methods and use the XBTFX exchange feature to buy or sell Tether for transfer into your USDT MetaTrader 5 Islamic trading account.

 

XBTFX Islamic account features

Platform

Metatrader 5

Minimum Deposit

$10 Equivalent

Deposit Fee

Zero

Withdrawals

Same Day

Withdrawal fee

Zero

FX, Commodities & CFDs fees

Zero Commission

CryptoCurrency fees

0.15% per side

Share CFD, per share

USA: $0.10, EU, ASIA, Russia: 0.45%

Spreads

From 1 pip

MT5 Account Base Currency

USDT

Leverage*

Up to 500:1

STP Lock Available

YES

Platform Symbol Suffix

"#"

Islamic Account Option

YES

Execution Server

London Equinix LD4

Micro Lot Trading (0.01)

YES

Currency Pairs

76

Cryptocurrency

100

Share & Index CFDs

YES

Commodities and Metals

YES

Automated Expert Advisor trading

Yes, Encouraged!

Trading Styles Allowed

All
*Note* Long-term carry positions and usage for swap avoidance is prohibited. Please read the Islamic Account Terms and Conditions

 
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* Certain instruments like metals & cryptocurrencies use Margin Requriement and have a fixed maximum Margin. For metals that is 100:1, for Major Crypocurrencies that is 25:1. You can read more here.

* Accounts with balances above $25,000 could be subject to leverage restrictions.

* Balances above $100,000 have a maximum leverage of 100:1 and can be further lowered to 50:1 depending on position sizes. For example, having a net exposure of over 50 lots in a single pair.

XBTFX reservers the right under its T&C to change the maximum leverage without any notice.

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