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Accounts & Spreads / Islamic accounts

Islamic accounts

No Interest, No Swaps, No Extra Fees

In Maxigrid (previously AGM Markets), we offer different trading conditions for all traders. Our Swap-Free accounts adhere to the Islamic Sharia (Shari'a) Law and give the opportunity to traders of Islamic faith to trade with no commissions, interest or extra fees when holding position overnight.

With no Riba Policy, clients may hold positions open for an unlimited period of time, without being subject to SWAP or Rollover charge. No hidden fees or commission are applicable and clients will receive the same spreads as all AGM's clients.
Open an Islamic Account Today

How to open a Forex Islamic Account

  1. Open a trading account with us
  2. Provide us with the proof of your Islamic Faith.
    Documents shall be sent on (birth certificate, marriage certificate or passport if applicable)
  3. Once confirmed, your trading account will receive swap-free status and you will be notified by email accordingly.

Features at a Glance

  • No interest/swap charges on overnight positions
  • Positions can be held indefinitely
  • No re-quotes, no hidden costs
  • Leverage up to 1:200
  • Fast market execution
  • No Trading Restrictions
  • Free and instant access to all trading platforms
  • 24/5 dedicated support from our Customer Support Team

Please note that Maxigrid (previously AGM Markets) reserves the right to revoke the swap-free status granted to any real trading account in the event of any form of abuse.

Start trading with No Swaps on an Islamic Account
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