Islamic Account

Our Swap-free account is designed for traders who can’t receive or pay swaps. The trading account is interest-free while allowing traders to take advantage of our cutting-edge trading technology and deep liquidity.

Spread type Standard account
Average EURUSD spread 1.0 - 1.2 pips
Min/max trade size 0.01 lots / 100 lots
Commission $0
Min. account opening balance $100 or equivalent
Account base currencies available USD
Scalping allowed Yes
EAs allowed Yes
Hedging allowed Yes

When a trade on this account has been held for 10 days, an admin charge (per 1 standard lot size) will be deducted from the account’s balance.

For full information on this charge, please see the table of commission below.

Symbols Admin Charge (USD)
Cryptocurrencies except Bitcoin, OrangeJuice, OJ, Sugar, Cocoa, Coffee 1
AUS200, HK50, UK100, US500, NAS100, EUSTX50, FRA40, SPA35, US2000, USDX, Cotton 5
GER30, XBRUSD, IT40, JPN225, CN50, Bitcoin 10
XTIUSD 19.25
US30 30
FX and Precious Metals 50

Albania, Bangladesh, Burkina Faso, Bahrain, Brunei, Brunei Darussalam, Algeria, Egypt, Indonesia, Jordan, Kyrgyzstan, Kuwait, Morocco, Mauritania, Maldives, Malaysia, Niger, Oman, Pakistan, Qatar, Sierra Leona, Turkey, United Arab Emirates, Syria, Lebanon, Palestine, Iraq, Suday, Yemen, Tunisia, Kingdom of Saudi Arabia, Uzbekistan and in other countries when requested.

Our overnight charge is a fee that you pay in order to hold a position open overnight. The charge will be applied to your account each day (including weekend days) that you hold an open CFD position on indices, shares and commodities. Our overnight rates are set at the benchmark regional interest rates for the underlying product, plus (or minus) our fixed charge of 2.5%.

It’s quick and easy to get started. Apply in minutes with our simple application process.

Legal: Qtrade Limited is incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 25238 IBC 2018.

  • This website is operated by:
  • Qtrade Limited (SVG)  with registered address Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines.

High Risk Warning: Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.