Islamic Forex Account

The Admirals Islamic Account has been designed only for Forex and CFD traders who are unable to receive or pay swaps due to their religious beliefs.

Please note that Admirals is not a religious institution; therefore do not take our Islamic Account definition as permission to trade.

Please independently verify that all your trading is in accordance with your beliefs.

In order to open a live Islamic Account, client should sign up for a Dashboard account through this page, apply for a Trade.MT5 account and provide the requested documents.

Please note that this option is not available if you already have a non-Islamic account with us.

As soon as you receive confirmation that your live account is open, you can initiate your first deposit via Dashboard using your preferred deposit method.

You can request a withdrawal of your funds any time via Dashboard. Our team will promptly address your request.

All Muslim clients who use an Islamic Account will be charged standard spreads and commissions and the administration charge.

Also, standard terms for dividend adjustments apply.

There are no swap or interest charges. We apply an administration fee to cover any administration or other related expenses.

In order to provide fair and transparent access to global markets, Admirals has to pass on the costs associated with maintaining their open positions.

All our liquidity providers charge certain fees to keep positions open and this cost is passed onto clients via the administration fee.

Admirals calculates and applies the administration fee at 00:00-00:01 (EET) on all open positions on all Islamic trading accounts from Monday to Friday. 3-day administration fee is charged on Saturdays at 00:00-00:01 (EET) for rolling the open positions over the weekend.