Traders can apply for Islamic accounts also known as swap free accounts as they imply no swap or rollover interest on overnight positions.
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- ISLAMIC ACCOUNT
Why choose OUR ISLAMIC ACCOUNT?
- Islamic account is fully compliant with Shariah law and it has been tailored for Forex traders who are unable to receive or pay swaps due to religious beliefs.
- The First Finance FX Islamic Accounts, also known as a swap-free account, incur no swaps or interest charges on overnight positions. Instead, the account holder is charged an administration fee for holding currency pairs overnight for more than three consecutive nights which is deducted from the balance of the account.
- Clients can benefit from First Finance FX’s trading conditions by opening any account with us – Standard or ECN – and converting it to an Islamic type.
- Our all Client Support team will process your request for an Islamic account status within 1 business day and you will receive an email.
| ISLAMIC ACCOUNT Get access to global markets and trade commission-free. | |
|---|---|
| Minimum Deposit | $ 1000 |
| Avail Base Currencies | USD |
| Spreads from | 1.5 pips |
| Max Leverage | 1:500 |
| Min Lots | 0.01 |
| Commissions | Zero Commissions |
| All Strategies Allowed | Yes |
| Trading Platforms | MT4 & MT5 |
| Swap-free option | Yes |
| Dedicated Account Mgr | Yes |
WhatYou Can Trade?
With First Finance FX, You can trade on major markets across 5 assets classes including FX, Indices, Shares, Spot Metals and CFDs.
Forex
Trade 40 currency pairs including major, minor and crosses with ultra-low spreads and immediate execution
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Futures
Trade on Metals (Gold, Silver & Copper) and Energy (Crude, Brent & Natural gas)
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Stocks
Take position over 65+ shares across UK, US and European markets on popular shares including Amazon, Boeing, Facebook and Netflix
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Indices
Trade on basket of top shares representing the performance of a country’s economy
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Crypto
First Finance FX supports trading in Bitcoin, Ethereum, Litecoin, Dash and Ripple amongst others
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