The VT Markets’ Islamic accounts have been tailored for Forex traders who are unable to receive or pay swaps due to religious beliefs. Both our Islamic Standard STP and Islamic RAW ECN accounts allow traders of Muslim faith to capitalise on VT Markets’ institutional grade liquidity, streamed from the world’s largest institutions, direct to MT4 and MT5.
The VT Markets 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 on positions which is deducted from the balance of the account.
VT Markets is proud to be able to provide traders of the Muslim faith with access to Forex, indices, energy, precious metals, soft commodities and CFD shares without incurring any swap or interest fees for positions held overnight or over the weekend.
|Forex||Clients charged/credited a daily administration fee for forex positions held overnight.|
All Indices – Clients charged/credited a daily administration fee for Indices positions held overnight.*CHINA50 – Clients charged/credited a monthly cash adjustment for positions held over the change of contract.
|Commodities||All Futures Based Products – Clients charged/credited a monthly cash adjustment for positions held over the change of contract.|