Islamic Accounts
Traders of Islamic faith are welcome to apply for an Islamic account designed to be compliant with Sharia law.
Oscar Markets offers Swap-Free accounts, also known as Islamic accounts, for clients adhering to Sharia law. Both our Raw Spread and Standard MetaTrader 5 accounts are available as Swap-Free options.
Our Islamic accounts combine cutting-edge technology with a commitment to religious principles. Benefit from swift execution speeds and superior trading infrastructure, designed to empower your trading journey.
Forex Trading
Islamic Account
- Trade over 90 instruments
- 1:1000 Leverage
- Spreads as low as 0.01 pips*
- No Swap/interest adjustments
- MetaTrader 5
Overnight financing costs
Swap free accounts do not pay or earn swap or interest on trading instruments, however, a holding fee will be applicable for holding open positions overnight. Any trades open overnight will be charged a flat rate holding fee. Rates & holding period are subject to change to reflect market conditions when necessary. Oscar Markets Raw Spread and Standard Account commissions and spreads apply.