What do you need to know about our Islamic Trading Account?
Our Islamic Trading account does not incur swap or interest on open positions left overnight in these trading account.
Instead, an administration fee on each position would be debited from the account.
Our liquidity providers charge certain fees for maintaining positions open. Therefore, to provide a fair and transparent trading environment to our clients, we would have to pass on this cost associated with maintaining open positions to clients and this is done via administration fee.