How to convert to an Islamic Account?

To convert your trading account to an Islamic account, contact your account manager or the Live Chat system. Alternatively, you may reach out to us at enquiry@axiontrade.net.

What are the features of an Islamic Account?

Traders can get direct access to top-tier liquidity providers with a brokerage fee collected from the spread. Traders can enjoy swap-free trading for all Forex Instruments and Gold. Axion Trade also guarantees a better price requote if the slippage is experienced due to a stop-loss order.

Islamic Account

Achieve Shariah-compliant trading with our Islamic account. Enjoy commission-free and swap-free trading with leverage of up to 1:500, only at Axion Trade!

About Islamic Account

All clients are eligible for an Islamic account when they register with Axion Trade.

Account Settings

Account Leverage

Up to 1:500

For Forex, Commodities & Indices. Digital Assets has a leverage of up to 1:20 and Stocks has a leverage of up to 1:10

Commissions

None

Commission-free trading applies all trading pairs.

Spreads

Variable Spread

Get direct access to our top-tier liquidity providers with a brokerage fee collected from the spread, with spreads as low as 1.9 pips for EURUSD and 2.2 pips for Gold.

Swap-Free Trading

None

Swap-free trading for all trading pairs.

Minimum Deposit

USD 100

The minimum deposit required to open an Islamic Account at Axion Trade is USD 100

Slippage Insurance

None

Slippage insurance is not available for Islamic accounts.

Negative Balance Protection

Yes

Trade without worry about losses exceeding deposits as all negative balances are covered by Axion Trade.

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Islamic Account (function() { let content = `Islamic Account`; let clean = DOMPurify.sanitize(_.unescape(content)); let el = document.getElementById('content-67e49a6a94011'); el.innerHTML = clean; })();

About Islamic Account (function() { let content = `&lt;p&gt;About &lt;span style=&quot;color: #0354ff;&quot;&gt;Islamic Account&lt;/span&gt;&lt;/p&gt;`; let clean = DOMPurify.sanitize(_.unescape(content)); let el = document.getElementById('content-67e49a6a940ae'); el.innerHTML = clean; })();

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Account Leverage

Up to 1:500

Commissions

None

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Spreads

Variable Spread

Swap-Free Trading

None

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Minimum Deposit

USD 100

Slippage Insurance

None

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Negative Balance Protection

Yes

Islamic Account

About Islamic Account

Account Settings

Commission-free trading applies all trading pairs.

Swap-free trading for all trading pairs.

Slippage insurance is not available for Islamic accounts.