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October 17, 2017
Is Islamic Swap-Free account available? What are the fees/costs?
Orbex Forex Broker offers Islamic (swap-free) accounts to comply with Islamic Shariah law; this is also an advantage for all traders who hold their positions for multiple days without being aware of swaps or overnight fees; thus, a tradi...
September 27, 2017
I get charged fees on Islamic Swap-Free account of cTrader. Why is that?
Some online brokers charge the users of "Islamic Swap-Free" accounts. It is normally called as "Administrative Fees" and the fee amount, frequency and other conditions are different by each broker. The fee exists because online bro...
September 27, 2017
Does Islamic Swap-Free account on cTrader follow Shariah law? What is the condition?
Yes, cTrader trading platform's Islamic Swap-Free account follows the required laws. The account type may meet: all the requirements of Shariah law the principles articulated for “Islamic finance” There may be small conditi...
September 27, 2017
Is Islamic Swap-Free account available on cTrader trading platform too?
Yes, cTrader trading platform offers "Islamic Swap-Free" account option which meet all the requirement of Shariah Law. The account also meet the principles articulated for “Islamic finance”. In order to open a "Shariah Compliant ac...
June 20, 2017
Where can I check the future Dividend amount for certain Stock/Indices?
In order to check the "Dividend", please login to ValuTrades's client portal and go to "Dividends" section as below. The below dates are the ex dividend dates. The following are the dividend amounts received on buy positions, p...
May 8, 2017
Triple Swap will be charged on Wednesday night or Tuesday night on MT4?
If your FX broker states that "Triple Swaps" will be charged on Wednesday, it is normally on Wednesday night. So the tripled swap charge will be made when the trading server time changes from Wednesday to Thursday. Swap charges are ma...
May 6, 2017
What are the conditions of XM's Islamic Swap Free accounts?
Islamic Trading: An Insight into XM's Shariah-Compliant Trading Accounts In the financial landscape, XM presents a unique opportunity for investors who adhere to the tenets of the Islamic faith. XM offers 100% Shariah law compliant tr...
May 5, 2017
Any extra charges or commissions on XM's Islamic Swap Free account? What are the conditions?
XM strongly against "Swap Free in Disguise". As many brokers charge extra fees for using an "Islamic Swap Free" account. Thus, for "Islamic Swap Free accounts", XM does not charge no interest/swap charges on overnight positions, No...
May 5, 2017
Does XM offer Islamic(Shariah) MT4 and MT5 account with Swap Free conditions?
Yes, XM does offer "Islamic Swap Free" accounts through both MT4 and MT5 trading platforms. The trading conditions are the same as each normal account type though, only the Leverage will be restricted to 1:500. XM makes sure that t...
September 24, 2016
How long can I keep an order/position opened on MT4/MT5 platforms?
As FBS does not have any restrictions on its MT4/MT5, you can hold open positions as long as you want. FBS does not interfere and close the trades unless the margin level in the trading accounts goes below 30%. This condition is th...
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