Islamic trading account with no interest
Trade forex, stocks and commodities on a swap-free account: no overnight interest, no time limit on your positions, and no administrative fee charged in its place — on MT4 and MT5.
What is a swap-free account?
A swap-free account — also called an Islamic account — is a trading account where no overnight interest is charged or credited on positions you carry into the next day, so the riba element is removed from the trade. Tradeview MENA offers that account with no administrative fee charged in place of the swap, no time limit on how long you hold a position, the same spread as the standard account from 0.0 points, and no minimum deposit, on both MT4 and MT5.
Islamic account features at Tradeview
The Tradeview Islamic account removes overnight interest and keeps every other trading condition of the standard account intact.
No overnight interest
No swap is charged or credited on positions held into the next day, however long you keep the position open.
No time limit on positions
Hold a position for as long as your strategy requires. The benefit does not turn into a fee after a set number of days.
No substitute fees
Tradeview does not replace the swap with an administrative fee, visible or hidden.
The same spread as the standard account
The Islamic account keeps the pricing of the standard account, with spreads from 0.0 points.
Leverage up to 1:500
Leverage of up to 1:500 is available on the Islamic account, in line with Tradeview policy.
Available on MT4 and MT5
Use the Islamic account on either platform, and open it with no minimum deposit.
How to open an Islamic account with Tradeview
Four steps, entirely online, from the registration form to your first swap-free trade.
Register your account
Fill in the registration form on the Tradeview site with your basic details — name, email and phone number.
Switch on the Islamic option
Select the swap-free option during registration, or turn it on later from your account settings.
Complete identity verification
Upload a valid ID document and a recent proof of address so the KYC checks required to activate the account can be completed.
Deposit and start trading
Deposit the amount that suits you — there is no minimum — then download MT4 or MT5 and trade on Islamic account terms.
What sets our Islamic account apart
The table below compares the Tradeview Islamic account with what is common elsewhere — on holding period, substitute fees, spread and minimum deposit.
| Islamic account at Tradeview | Common in some Islamic accounts | |
|---|---|---|
| Time limit on positions | Islamic account at TradeviewNo time limit | Common in some Islamic accountsMay apply after several days |
| Substitute administrative fee | Islamic account at TradeviewNo substitute fee | Common in some Islamic accountsMay be charged instead of swap |
| Spread | Islamic account at TradeviewSame as the standard account | Common in some Islamic accountsMay differ from the standard account |
| Minimum deposit | Islamic account at TradeviewNo minimum deposit | Common in some Islamic accountsMay start from a set amount |
| Platforms available | Islamic account at TradeviewAvailable on MT4 and MT5 | Common in some Islamic accountsVaries by broker and account |
* Islamic account services are subject to the terms of the entity providing them. Tradeview services are not offered inside the United States or in countries under legal restriction.
Start trading on Islamic finance terms today
Open your Islamic account with Tradeview in minutes, or try the platform on a free demo account before you deposit.
Islamic account FAQs
Scholars differ, and the disagreement turns mainly on three elements: the interest charged on positions held overnight, the uncertainty in the contract, and whether the exchange is immediate. A swap-free account removes the first of those, because no overnight interest is charged or credited and no fee is substituted for it. Whether the rest of the arrangement suits your situation is a question for a scholar you trust, and Tradeview recommends asking one before you open the account.
The same three questions apply, with one addition: a CFD settles the difference in price rather than transferring the asset, and scholars weigh that differently. The Islamic account removes the interest element on any instrument you trade. If you would rather own the asset outright, Tradeview offers real share ownership through the EQView platform instead of CFDs.
Gold is treated as a currency in classical rulings, which is why the timing of settlement matters more here than in other markets, and why views differ on trading it through contracts. On the Islamic account no overnight interest applies to gold positions and no substitute fee is charged. For your own case, refer to a scholar you trust.
No. Tradeview does not charge an administrative fee in place of the swap, and does not widen the spread on the Islamic account above the standard account.
No. You can keep a position open for as long as your strategy requires, without the benefit turning into a fee after a set number of days. That difference matters most to long-term and swing traders.
Tradeview has not obtained certification from a particular board. The account was built around the core principles of Islamic finance: avoiding interest-based transactions, keeping terms transparent, and limiting uncertainty. Tradeview recommends consulting a scholar you trust to confirm the account suits your circumstances.
The one difference is that no swap is charged on positions held overnight, and nothing is substituted for it. Everything else is identical: the same competitive spread, the same MT4 and MT5 platforms, the same instruments and the same leverage.
The scholarly debate around leverage centres on whether interest is present in it. The Tradeview Islamic account offers leverage of up to 1:500 with no overnight interest and no substitute administrative fee. For the detail of the different rulings, refer to a scholar you trust.