Open Forex Islamic Account: Swap Free/No Rollover Account

Many currency accounts apply an expense known as swap or rollover for open positions overnight. This expense basically consists of interest. Paying or receiving interest is prohibited in Islam, so Titan FX has created a special account free of charge for swap and rollover.

Titan FX’s non-swaps accounts do not apply interest to open overnight positions and are available to clients who follow 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 overnight. These fees are denominated in the “Trading Account Base Currency” and will be automatically deducted from the trading account balance each day.

Currency PairsTrade Holding Fees (AUD)
Trade Holding Fees (SGD)Trade Holding Fees (USD)
AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDSGD, AUDUSD, CADCHF, CADJPY, CHFJPY, CHFSGD, EURAUD, EURCAD, EURCHF, EURJPY, EURNOK, EURNZD, EURPLN, EURSEK, EURSGD, EURUSD, EUSTX50, GBPJPY, JPN225, NOKJPY, NOKSEK, NZDCAD, NZDCHF, NZDJPY, NZDUSD, SEKJPY, SGDJPY, US500, USDCAD, USDCHF, USDCNH, USDCZK, USDJPY, USDMXN, USDNOK, USDPLN, USDSEK, USDSGD, XAGEUR, XAGUSD, XBRUSD, XTIUSD, ZARJPY-5-5-3.5
AUS200, EURCZK, EURGBP, EURZAR, FRA40, GBPAUD, GBPCAD, GBPCHF, GBPNOK, GBPNZD, GBPSEK, GBPSGD, GBPUSD, NAS100, USDRUB, USDTHB, USDZAR, XAUAUD, XAUEUR, XAUUSD-10-10-7
GER30, UK100, XPTUSD-20-20-14
US30, XPDUSD-40-40-28
EURTRY, GBPTRY, USDTRY-100-100-70
Contact our Support Team to further understand the charges and how they apply to swap free accounts.