Islamic Swap-Free
Swap-Free Islamic Account
An interest-free trading option designed for clients who follow Sharia principles, while still providing full access to global markets and advanced trading tools.
- North Securities’ Swap-Free Account allows traders to operate without earning or paying interest on overnight positions.
- These accounts follow Islamic trading principles while offering the same execution quality and market access as standard accounts.
- Instead of swaps, a holding fee may apply after a set number of days to cover operational costs for extended positions.
Holding
Fees
- Swap-Free Accounts do not incur swaps or interest charges.
- A 4-day grace period applies on all new positions — no fees during Days 1–4.
- From Day 5 onward, a fixed holding fee may be applied per lot per day, depending on the trading instrument.
- Fees vary across instruments (Forex, Metals, Indices, Crypto) based on market conditions and volatility.
- Fees are calculated daily at 00:00 server time, including weekends.
- Friday and Saturday fees are combined and charged the following Monday.
- Holding fees are charged in the base currency of the account.
- Fee structures may be adjusted periodically based on market conditions.
- Symbols used in the fee table correspond to the instrument list available in the client portal.
- Swap-Free conditions apply only to designated Islamic Accounts.
Example 1:
1 lot of XAU/USD held for 4 days → No holding fees
Example 2:
1 lot of XAU/USD held for 8 days
Days 1–4 → No charges
Days 5–8 → 4 days × 35 USD = 140 USD
Example 3:
2 lots of XAU/USD held for 12 days
Days 1–4 → No charges
Days 5–12 → 8 days × 2 lots × 35 USD = 560 USD
DISCLAIMERS: examples are hypothetical and numbers should not be taken as actual amounts
How it Works
Three simple steps to Open, Fund, and Start Trading Your Account
Register
Create your account and verify your identity to access global markets.

Fund
Deposit funds via card, bank transfer, or other approved methods.

Trade
Trade Forex, indices, commodities, and crypto with real-time analytics.