FxPro Islamic (Swap-Free) Account UAE
An FxPro Islamic account removes overnight swap interest from eligible positions, so a trade stays free of rollover interest in line with Sharia principles.
Open FxPro Account →An Islamic, or swap-free, trading account removes the overnight swap (rollover interest) that is normally debited or credited when a leveraged position stays open past the daily rollover. FxPro states that it offers this option on eligible account types so a trader can hold a position overnight without paying or receiving interest, in line with Sharia principles. The option is not switched on by default — a trader with an eligible account type requests it, typically confirming eligibility with FxPro support first. Away from the swap itself, the account works like a standard FxPro account: the same $100 minimum deposit, the same MetaTrader 4, MetaTrader 5, cTrader and FxPro Edge platforms, and the same negative balance protection apply. On some instruments, FxPro may apply an administration fee once a position is held open past a set grace period, so the swap-free option removes interest rather than every cost of holding a position long-term.
How the FxPro swap-free account works
- No swap or rollover interest is charged on positions held overnight, in line with Sharia principles.
- Swap-free trading is available on eligible account types on request — it is not switched on automatically when you register.
- Administration fees may apply on some instruments once a position stays open past a set grace period.
- The swap-free option runs on the same platforms as a standard account: MetaTrader 4, MetaTrader 5, cTrader and FxPro Edge.
- The same $100 minimum deposit and negative balance protection apply as on a standard FxPro account, according to FxPro.
- Confirm current eligibility, covered instruments and terms with FxPro support before requesting the swap-free option.
What changes, and what stays the same
Choosing the swap-free option changes one thing: how an overnight position is treated at the daily rollover. Instead of a swap being debited or credited based on the instrument and trade direction, no swap interest applies to eligible positions on an Islamic account. Everything else about trading — spreads, commission structure on Raw+ and cTrader accounts, execution and the available instruments — is unchanged from the equivalent standard account.
Because the account still carries the same $100 minimum deposit and up to 1:200 leverage as a standard FxPro account, the swap-free option is best thought of as a modification to an existing account type rather than a separate product. A trader picks a platform and account type first, then requests the swap-free option if it fits their needs and the account type is eligible.
Who tends to use a swap-free account
Traders who hold positions overnight or over several days are the ones most affected by swap, since it accrues each time a trade rolls past the daily cutoff — and triple on Wednesday nights on a standard account, to cover the weekend. A swap-free account removes that specific cost for eligible clients, which matters most for multi-day or Sharia-compliant trading rather than for a strategy that closes every position the same day.
Before applying, it is worth checking the current list of instruments the swap-free terms cover and any grace period after which an administration fee could apply, since FxPro can adjust these details. FxPro support can confirm the current terms for a specific account type ahead of a request.