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 |
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Average EURUSD Spread | 1.2 - 1.8 pips |
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Min / Max Trade Size | 0.01 lots / 100 lots |
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Commission | $0 |
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Min Account Opening Balance | $200USD or equivalent |
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Account Base Currencies Available | AUD, USD, EUR |
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Scalping Allowed | Yes |
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EAs Allowed | Yes |
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Hedging Allowed | Yes |
When a trade on this account has been held for 3 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.
See Table of Admin Charges > >
Currency Pairs |
Admin Charge in dollars |
EURGBP, EURUSD, GBPCHF, GBPUSD, SGDJPY, USDCAD, |
-5 |
CADCHF, CADJPY, CHFSGD, EURCAD, EURJPY, EURSGD, |
-10 |
AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDSGD, AUDUSD, |
-20 |
GBPDKK, GBPNZD, NOKJPY, NOKSEK, NZDCAD, NZDCHF, |
-20 |
GBPNOK, USDTRY,EURSEK, EURTRY, EURZAR, USDZAR, GBPTRY, |
-30 |

