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Forex Trading

Islamic Account

The Pepperstone Islamic account, is designed for traders who cannot receive or pay swaps for religious reasons. The trading account is compliant with Sharia law enabling traders to take advantage of Pepperstone's cutting edge trading technology and deep liquidity.

Islamic account features:

Spread Type

Straight Through Processing | No Swaps

Average EURUSD Spread

1.0 - 1.2 pips

Min / Max Trade Size

0.01 lots / 100 lots

Commission

$0

Min Account Opening Balance

$200USD or equivalent

Account Base Currencies Available

AUD, USD, EUR, SGD

Scalping Allowed

Yes

EAs Allowed

Yes

Hedging Allowed

Yes

When a trade on this account has been held for 2 days, an admin charge will be deducted from the balance of the account. For full information on this charge, please see the table of commission below.

Currency PairsAdmin Charge

AUS200, EUSTX50, FRA40, GER30, IT40, SPA35, UK100, US500, US30, NAS100, HK50, US2000, CN50, Bitcoin

-2

EURGBP, GBPCHF, GBPUSD, SGDJPY, USDCAD, USDJPY, USDSGD

-4

CADCHF, CADJPY, CHFSGD, EURCAD, EURJPY, EURSGD, GBPCAD, GBPSGD, SEKJPY, USDDKK, USDHKD, USDTHB, XAUUSD, EURUSD

-7

XPTUSD, XPDUSD, XAGUSD, XBRUSD

-10

AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDSGD, AUDUSD, EURAUD, EURCHF, EURHKD, GBPDKK, GBPSEK, GBPJPY, NOKJPY, NOKSEK, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDSEK, CHFJPY, XTIUSD, USDCNH, EURPLN, USDPLN, USDNOK, USDMXN, USDCZK, USDCHF, EURNOK, EURDKK, EURCZK, XAGEUR, XAUEUR

-14

GBPAUD

-20

EURNZD, EURSEK,GBPNOK, GBPNZD

-30

EURZAR, USDZAR, USDRUB

-67

XNGUSD

-50

GBPTRY, EURTRY, USDTRY

-100