Islamic Accounts

Traders can apply for Islamic accounts also known as swap free accounts as they imply no swap or rollover interest on overnight positions.

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  • Islamic account is fully compliant with Shariah law and it has been tailored for Forex traders who are unable to receive or pay swaps due to religious beliefs.
  • The HonorFx Islamic Accounts, also known as a swap-free account, incur no swaps or interest charges on overnight positions. Instead, the account holder is charged an administration fee for holding currency pairs overnight for more than three consecutive nights which is deducted from the balance of the account.
  • Clients can benefit from HonorFx’s trading conditions by opening any account with us – Standard or ECN – and converting it to an Islamic type.
  • Our all Client Support team will process your request for an Islamic account status within 1 business day and you will receive an email.
ISLAMIC ACCOUNT Get access to global markets and trade commission-free.
Minimum Deposit $ 1000
Avail Base Currencies USD
Spreads from 1.5 pips
Max Leverage 1:500
Min Lots 0.01
Commissions Zero Commissions
All Strategies Allowed Yes
Trading Platforms MT5
Swap-free option Yes
Dedicated Account Mgr Yes

WhatYou Can Trade?

With HonorFx, You can trade on major markets across 5 assets classes including FX, Indices, Shares, Spot Metals and CFDs.


Trade 40 currency pairs including major, minor and crosses with ultra-low spreads and immediate execution

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Trade on Metals (Gold, Silver & Copper) and Energy (Crude, Brent & Natural gas)

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Take position over 65+ shares across UK, US and European markets on popular shares including Amazon, Boeing, Facebook and Netflix

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Trade on basket of top shares representing the performance of a country’s economy

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HonorFx supports trading in Bitcoin, Ethereum, Litecoin, Dash and Ripple amongst others

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0.2 spreads from
1:500 leverage up to
$100 minimum deposit
$0 Deposit fees
Fast & Easy Account Opening