Islamic Account

With the Islamic account from OW Markets, you can now enjoy trading in various financial markets without swaps

Open Islamic Account
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What is an Islamic account?

  • OW Markets is always striving to meet our clients’ unique needs and to satisfy all segments of traders. That’s how the Islamic account came about: we want to allow all investors to trade with great ease.

  • The Islamic account is different from other account types in that it is swap-free, which means that the client does not have to pay or receive any interest on overnight or open trades for the next day (*terms and conditions apply).

Islamic Account

Sign up now for the Islamic account from OW Markets and start trading right away

Open Islamic Account
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Features of the Islamic account.

  • The OW Markets Islamic account provides a variety of features that allow you to trade and invest in the largest global financial markets, all in one place, via the unique MT5 trading platform. You will have the chance to trade on the various financial instruments with OW Markets using the Islamic account, which offers the same trading terms and conditions – the only exception being that it is swap-free.

  • The swap-free feature is applicable to any type of account offered by OW Markets. When you create your account, you’ll be given the option to choose an interest-free account if desired. You may also contact customer service to change your existing account into an interest-free Islamic account at any time.

Unique MT5

Trading Platform

Open Islamic Account

Storage Fees

When a position is held open for a specific number of trading days (including weekends), an Islamic account is subject to the following daily charges on the following instruments

fxForex

Instrument Charge per lot Apply After
EURUSD -$5 14 days
GBPUSD -$5 14 days
AUDUSD -$5 14 days
NZDUSD -$5 14 days
USDCAD -$5 14 days
USDCHF -$5 14 days
USDJPY -$7 14 days
AUDCAD -$5 14 days
AUDCHF -$5 14 days
AUDSGD -$7 From Day One
AUDJPY -$7 14 days
AUDNZD -$5 14 days
CADCHF -$5 14 days
CADJPY -$7 14 days
CHFJPY -$7 14 days
EURAUD -$5 14 days
EURCAD -$5 14 days
EURCHF -$5 14 days
EURGBP -$5 14 days
EURJPY -$7 14 days
GBPAUD -$5 14 days
GBPCAD -$5 14 days
GBPCHF -$5 14 days
GBPJPY -$5 14 days
GBPNZD -$5 14 days
NZDCAD -$5 14 days
NZDCHF -$5 14 days
NZDJPY -$7 14 days
EURNZD -$5 14 days
EURMXN -$25 From Day One
EURNOK -$7 From Day One
EURTRY -$85 From Day One
EURSEK -$30 From Day One
EURSGD -$7 From Day One
GBPSEK -$9 From Day One
SGDJPY -$17 From Day One
USDCNH -$14 From Day One
USDHKD -$13 From Day One
USDMXN -$42 From Day One
USDNOK -$9 From Day One
USDSEK -$9 From Day One
USDSGD -$7 From Day One
USDZAR -$17 From Day One
USDTRY -$130 From Day One

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cmtCommodities

Instrument Charge per lot Apply After
XAGUSD -$5 5 days
XAUUSD -$12 5 days
XPDUSD -$14 5 days
XPTUSD -$14 5 days
XAUEUR -$25 5 days
UKOIL -$25 From Day One
USOIL -$25 From Day One

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djiIndices

Instrument Charge per lot Apply After
US30 -$8 5 days
SP500 -$8 5 days
NQ100 -$8 5 days
DAX40 -$7 5 days

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fFutures

Instrument Charge per lot Apply After
UKOIL.xx -$25 N/A
USOIL.xx -$25 N/A

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FAQs

If you don’t have an account with OW Markets already, you can create a free account by completing your account application form and then fund your account through our secure funding portal. You can now fund your trading accounts using Skrill, Neteller, Visa, Mastercard, cryptocurrencies, bank transfer, and Sticpay. At OW Markets, we strive to provide you with the best possible trading experience, and offering a variety of payment options is just one of the ways we aim to meet your needs.

Through the client portal, you will see a withdraw button.

Just for Muslims clients

Get Started in 3 Steps

  • 1

    Register

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  • 2

    Verify

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  • 3

    Fund & Trade

    To dive into the world of CFDs Trading

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Swift and Secure Funding

Start trading in minutes by choosing one of our many secure funding methods

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