Swap-Free by
Design
Positions held overnight do not accrue interest-based swap charges or credits. The account is structured so the daily rollover stays free of riba (interest).
Islamic Account
Trade with
swap-free pricing.
A swap-free account for traders following Islamic finance — trade without overnight interest charges.
Built around the principles
Trade in line with Islamic finance.
Same Raw Spread execution. Three reasons traders following Islamic finance principles choose this account.
Swap-Free by
Transparent Overnight Fee
In place of swaps, a fixed administrative fee per instrument applies when positions are held past the daily rollover.
Raw Conditions, Same Edge
Identical execution, instruments, and pricing as our Raw Spread account — institutional liquidity, spreads from −0.4 pips, transparent commission per lot.
Clear by design
The spread stays raw.
The cost stays clear.
Spread and commission, always priced separately.
Raw spread
Market-led pricing
Commission
Shown separately
Two parts. One clear structure.
Assets
Trade 0+ assets globally.
Every major asset class. One Islamic Account.
Better instruments. Better conditions.
Get started
Open your Islamic Account in 2 minutes.
Three simple steps to get started.
Sign up
Register your HeroFX account with just your email and phone number.
Verify
Complete your KYC in a few simple steps inside the portal. Want to try first? Demo accounts can be opened without KYC.
Fund & trade
Deposit via card or crypto. Open your Islamic Account from the portal and trade.
FAQ
Frequently asked questions about the Islamic Account.
What is the Islamic Account?
The Islamic Account is a swap-free trading account designed for traders following Islamic finance principles. Same institutional pricing, tier-1 liquidity, and spreads from −0.4 pips as our Raw Spread account.
Instead of swap charges or credits when positions are held overnight, a transparent administrative overnight fee applies.
Instead of swap charges or credits when positions are held overnight, a transparent administrative overnight fee applies.
How does the Islamic Account differ from a regular account?
Execution, instruments, pricing and platforms are identical to the Raw Spread account.
The only difference: positions held past the daily rollover do not accrue interest-based swap charges or credits. In their place, a fixed administrative overnight fee is applied to cover the operational cost of holding the position.
The only difference: positions held past the daily rollover do not accrue interest-based swap charges or credits. In their place, a fixed administrative overnight fee is applied to cover the operational cost of holding the position.
Are the overnight fees interest?
No. The overnight fees are flat administrative charges set per instrument and disclosed up-front. They are not calculated from interest rate differentials and they do not compound.
The exact fee for each instrument is shown inside the portal before you open a position.
The exact fee for each instrument is shown inside the portal before you open a position.
Is there a minimum deposit?
No. There is no minimum deposit required to open and fund an Islamic Account. Start with any amount that fits your strategy.
Fund with card or crypto from inside the portal.
Fund with card or crypto from inside the portal.
What leverage is available?
Leverage is set per asset class on the Islamic Account:
- Forex — up to 1:500
- Metals — up to 1:100
- Indices — up to 1:100
- Crypto — up to 1:30
- Energies — up to 1:30
- Stocks — up to 1:30
Can I use bots or Expert Advisors?
Yes. You can run Expert Advisors (EAs) on MetaTrader 5 and trading bots on TradeLocker, both fully supported on the Islamic Account.
Automated strategies plug straight into the same conditions you trade manually.
Whether a specific automated strategy aligns with your interpretation of Islamic finance principles is a matter for your own religious advisor — HeroFX provides the swap-free infrastructure; the strategy you run is your choice.
Automated strategies plug straight into the same conditions you trade manually.
Whether a specific automated strategy aligns with your interpretation of Islamic finance principles is a matter for your own religious advisor — HeroFX provides the swap-free infrastructure; the strategy you run is your choice.
What platforms support the Islamic Account?
TradeLocker (web, desktop and mobile, modern interface engineered for speed) and MetaTrader 5 (industry standard with full EA, custom indicator, and advanced order support).
The same swap-free conditions apply on both.
The same swap-free conditions apply on both.
Can I have multiple Islamic Accounts?
Yes. You can hold a maximum of 2 Islamic Live accounts at the same time under a single HeroFX login.
Demo testing is available on our Raw Spread Demo — same execution and pricing, only the swap-free flow is unique to the Live Islamic Account.
To close any account, contact support and the team will open a ticket and process the closure for you.
Demo testing is available on our Raw Spread Demo — same execution and pricing, only the swap-free flow is unique to the Live Islamic Account.
To close any account, contact support and the team will open a ticket and process the closure for you.
Ready to trade swap-free?
Open your Islamic Account in minutes. The Raw Spread Demo runs on the same conditions.