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.
XG Islamic account benefits
Nightly storage fee after 7 calendar days
No commissions and no swap charges
FX, precious metals, indices, energies and commodities available
Account tailored for Islamic clients
Arabic speaking support available.
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.
Our customer service team is available to assist you at every step of the account opening process and to provide answers to any questions you may have. Contact us directly by opening a ticket through the online Members Area or send us an email at email@example.com