Sharia-compliant trading with no swap fees, designed for Muslim traders
Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith. The trading account is compliant with Sharia law enabling traders to take advantage of Pi Globle Trading's cutting edge trading technology and deep liquidity.
Note: Pi Globle Trading reserves the right to revoke the swap-free status granted to any real trading account at any time without giving any reasons and/or advance notice. In case the service is disabled by the Company, you will be charged swaps according to the conditions, specified on its official website.
Start by creating a standard trading account with Pi Globle Trading through our website.
After your standard account is approved, submit a request to convert it to an Islamic account.
Complete any additional verification steps required for your account.
As soon as our relevant department receives your request, your trading account will receive swap-free status and you will be notified by email accordingly.
The following admin charges apply per lot for overnight positions
| Instrument | Admin Charge per lot (USD) |
|---|---|
| Major Currency Pairs | |
| AUDNZD, CADCHF, CADJPY, CHFJPY, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDCAD, USDCAD, USDCHF, USDJPY | 10 |
| Agricultural Commodities | |
| COFFEE, SUGAR, WHEAT, SOYBEAN, CORN, COCOA, COTTON | 15 |
| Minor Currency Pairs & Natural Gas | |
| AUDCAD, AUDCHF, AUDJPY, AUDUSD, EURAUD, EURNZD, GBPNZD, NZDCHF, NZDJPY, NZDUSD, USDDKK, NGAS | 20 |
| Precious Metals & European Pairs | |
| EURNOK, EURPLN, GBPAUD, USDNOK, USDPLN, USDSGD, GOLD, SILVER, PLATINUM, COPP | 30 |
| Emerging Market Currencies & Oil | |
| EURHUF, EURSEK, USDHUF, USDSEK, EURZAR, USDZAR, EURILS, USDILS, USDMXN, USDRUB, OIL, BRENT | 40 |
| Indices & Stocks | |
| POL20, FRA40, GER40, US30, EUR50, UK100, IT40, SPA35, NAS100, JPN225, US2000, US500, SWI20, USDX, AUS200, US STOCKS, EUROPE STOCKS, CANNABISDX, GAMINGDX, AIIDX, MAGSIDX, LATAMIDX | 50 |
| TRY Pairs | |
| EURTRY, USDTRY | 100 |
Experience Sharia-compliant trading with all the benefits of Pi Globle Trading's advanced platform and competitive conditions.
Open Islamic Account NowTrading CFDs is highly speculative, involves significant risk of loss and is not suitable for all investors. Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings. There is a substantial risk that you may lose all of your initial investment. We advise you to consider whether trading leveraged products is appropriate for you in light of your own personal circumstances. We recommend that you ensure you fully understand all risks involved before trading. Trading through an online platform carries additional risks.
We do not establish accounts to residents of certain jurisdictions including Japan, Canada and the USA. For further details please see Terms & Conditions.