Islamic accounts and Swaps

Islamic accounts and Swaps

ForexEE   offers  SWAP-free Islamic accounts  which are compliant with Sharia laws for Muslim traders. If you are not sure if your account is Islamic or not, please contact Customer Support, give your account number and ask to make your account  SWAP-free.

Traders are charged an additional commission for overnight positions on ECN Islamic accounts. The commission equals to SWAP.

Commission is charged on rollover and is displayed in the  Terminal. For ECN account the rollover commission is added to the commission for opening a trade.

You can look up SWAPs in the  TickTrader:

  1. Right-click on the currency pair in the Market watch window;
  2. Select Symbols;
  3. Choose the currency pair in the pop up window;
  4. Click Properties on the right. You will see Swap long and Swap short.
You can find all the necessary details in the Trading Conditions section on the company's website.
If you still have questions, contact us  at  support@forex.ee.
Please pay attention that the certain conditions may vary depending on the ForexEE entity. For more information, please refer to the legal terms of a particular broker.

    • Related Articles

    • Islamic accounts and Swaps

      Forex.ee offers SWAP-free Islamic accounts which are compliant with Sharia laws for Muslim traders. If you are not sure if your account is Islamic or not, please contact Forex.ee Customer Support, give your account number and ask to make your account ...
    • Accounts

      Accounts screen The Accounts screen allows you to manage all your accounts registered and accessed with the application. There are two tabs on the 'Accounts' screen: Main Account: All the user's trading accounts linked to the Main account. ...
    • Leverage in ECN accounts

      Leverage available for clients of Forex.ee for ECN accounts: 1:1 - 1:500 for accounts up to $25,000; 1:1 - 1:200 for accounts from $25,000 up to $100,000; 1:1 - 1:100 for accounts from $100,000 up to $1,000,000; negotiable over $1,000,000. To change ...
    • Transaction Size in ECN accounts

      The minimum transaction size in ECN accounts is 0.01 lot (1000 units of the base currency) with incremental lot of 0.01. If you do not see the exact volume you'd like to trade in drop-down list in the New Order window, type the volume in the Volume ...
    • Transaction Size in ECN accounts

      The minimum transaction size in ECN accounts is 0.01 lot (1000 units of the base currency) with incremental lot of 0.01. If you do not see the exact volume you'd like to trade in drop-down list in the New Order window, type the volume in the Volume ...