Perfect Islamic

No interest fees will be credited or debited on
Perfect Islamic account for traders of Islamic faith.

Interest free trading for traders of Islamic faith

Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith. We offer our Islamic accounts to clients following the Muslim faith.

Features:

  • No interest/swap charges on overnight positions
  • No spread widening
  • No up-front commissions
  • Positions can be held with no time limit
  • No re-quotes, no hidden costs
  • Leverage up to 1:500
  • 100% real-time market execution
  • Same trading conditions as for our trading account types
  • 24/5 dedicated support from your Client Account Manager

The Perfect Islamic accounts is really different from those generally offered by other forex brokers. The difference lies in the fact that unlike most forex companies who substitute additional fees by widening the spread on Islamic accounts, Just Perfect Markets imposes no additional charges.

In order to abide by the religious law of Islam, traders of Islamic belief are forbidden to pay interest. However, if the interest charge is transferred to a different type of fee, it is basically still a charge that covers the interest. This is also known by the name of swap-free in disguise. Just Perfect Markets is firmly against such practices as it opposes to fair and ethical trading conditions.

Minimum deposit$20
Account currencyUSD/IDR/MYR
Leverage1:500
Spread1.8 pip
Commission0
Margin call50%
Stop out20%
Minimum Volume per trade0.01
Maximum open ordersUnlimited
Negative balance protectionYes
HedgingAllowed