With the Aron Group's Islamic Account, you can trade in global markets without paying overnight interest for a specified period and with zero commission.
With a minimum deposit of 100 USD, you can trade without paying swaps or commissions. The Islamic Account is suitable for traders who want to trade in accordance with Islamic principles or reduce their trading costs:
All instruments are swap-free
(for a specified number of days)
No commission on any
tradable instrument
Fixed spread
ECN execution
100 USD
MetaTrader 5
Up to 1:400
None
None
Fixed
All instruments are
swap-free for a period
ECN
Yes
0.01 lot
10 lots
50 lots or 5 million USD
To control account risk at higher volumes, leverage in the Islamic Account is optimized for different markets as follows:
Important: Leverage is a tool that enhances your trading power; however, while it increases your potential returns, it also heightens the risk of loss. When using leverage, it is essential to follow sound risk management rules.
| Trade size (lot) | Maximum leverage |
|---|---|
| From 0.01 to 2.00 lots | 1:400 |
| From 2.01 to 10 lots | 1:200 |
| 10 lots and above | 1:100 |
| Trade value (USD) | Maximum leverage |
|---|---|
| 0 to 100,000 USD | 1:50 |
| 100,000 to 500,000 USD | 1:25 |
| 500,000 USD and above | 1:10 |
To lower trading costs, the Aron Groups' Islamic Account does not charge any commissions. In this commission-free account with fixed spreads, the cost of each trade is predictable.
This transparency allows for easier estimation of potential profits and losses before entering a position. However, it's important to remember that the performance of your trading strategy still relies on effective risk management and prevailing market conditions.
In the Islamic Account, the swap-free period for different instruments is as follows:
| Symbol | Digit | Contract size | Swap Short | Swap Long | Grace period | Swap after grace | Commission |
|---|
With the Aron Groups Islamic Account, you can access a diverse range of tradable instruments across various global markets. By using the instruments table, you can identify which instruments are available for trading in the Islamic Account and review the associated trading costs for each one, including swaps, commissions, and more.
| Symbol | Digit | Contract size | Swap Short | Swap Long | Grace period | Swap after grace | Commission |
|---|
You can review the differences between Aron Groups trading accounts and open the most suitable account for you.
The swap-free period is a defined timeframe during which you do not pay overnight interest on the selected instrument.
In regular accounts, instruments do not have a swap-free period and commission may be applied. With the Islamic Account, you have the opportunity to trade in the real market with minimal trading costs and high quality (ECN execution, fixed spreads).
No. Trading costs in the Islamic Account only include fixed spreads and swap charges (if the swap-free period has ended).
The minimum deposit to open an Islamic Account is 100 USD or its equivalent in local currency.
Yes. The Islamic Account supports Expert Advisors and algorithmic trading.
No. Each user can open each account type only once.
For each market, based on the swap-free table, every instrument has a defined swap-free period. If the swap-free period ends, swap charges are applied according to the instrument specifications.
