Titan FX offer Forex Islamic accounts, also known as swap free or no rollover accounts.

Many forex accounts make a charge known as swap or rollover for positions held open overnight. This charge is essentially an interest charge. Paying or receiving interest is prohibited in Islam so Titan FX has created a special account which is free from swap and rollover charges.

Titan FX swap free accounts charge no interest on overnight positions and are available to clients following the Muslim faith.

Titan FX Swap Free (Islamic) Account

Minimum Opening Account Deposit200 USD (or equivalent)
Spread TypeSTP (Straight Through Processing) with No Swap Charge

Please refer Spread Table
Commission FeesZero
Trading ProductsForex, Commodities, CFDs
Max Leverage500:1
MinTrading VolumeMicro Lots (0.01 Lots)
Max Open Orders200
Account CurrencyUSD, AUD, SGD
ExecutionMarket Execution
HedgingAllowed
ScalpingAllowed
Expert Advisors (EA)Allowed

Trade Holding Fees

Trade holding fees are payable on any trades held open for two days or more. The fees are denominated in the “Trading Account Base Currency’ and will be automatically deducted from the trading account balance every 2 days.

Currency PairsTrade Holding Fees
AUS200, EUSTX50, FRA40, GER30,
UK100,US500,US30, NAS100, HK50, US2000
-2
EURGBP, EURUSD, GBPCHF, GBPUSD, SGDJPY, USDCAD,
USDCHF, USDJPY, USDSGD, XAGUSD, XAUUSD, XAGEUR,
XAUEUR, XTIUSD, XBRUSD, XNGUSD

-3
CADCHF, CADJPY, CHFSGD, EURCAD, EURJPY, EURSGD,
GBPCAD, GBPJPY, GBPSGD, SEKJPY, USDDKK, USDHKD, USDTHB
-7
AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDSGD, AUDUSD,
EURAUD, EURCHF, EURHKD, GBPDKK, GBPSEK
-13
NOKJPY, NOKSEK, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDSEK-13
USDRUB-20
EURCZK, EURDKK, EURNOK, EURNZD, EURSEK, GBPAUD,
GBPNOK, GBPNZD, USDCZK, USDMXN, USDNOK, USDPLN, EURPLN
-27
EURZAR, USDZAR, GBPTRY, USDTRY, EURTRY-40
USDCNH-100
Contact our Support Team to further understand the charges and how they apply to swap free accounts.