Islamic accounts at Pips Markets offer the following trading conditions:
Trade commission:
$1 per lot for cryptocurrencies and $10 per lot for every other instrument.Leverage:
Up to 1:500, depending on the specific symbol/instrument group.Spreads:
Spreads start from 0.0 pips, providing extremely tight pricing.Swaps / overnight fees:
In alignment with Sharia principles, we do not charge or pay interest-based swap fees. Instead, we apply a fixed overnight fee that is compliant with Islamic finance guidelines.
Islamic accounts are best suited for traders who require Sharia-compliant trading conditions combined with high leverage and competitive spreads.