XG ISLAMIC ACCOUNT
Each FX symbol is made up of two currency pairs, which both have underlying interest rates. Since these interest rates usually differ this results in a daily cost to roll-over open positions from one day to the next. As Sharia law forbids lending out money with interest, FX trading with roll-over or swap fees goes against this law. For this reason XGLOBAL offers roll-over and swap free trading, which is in alignment with Islamic beliefs.
Swap free account benefits
How to open the XGLOBAL swap free account
To simplify the requirements for people who abide by the Sharia law, you can follow the procedure below to set up an account.