With the MultiLP Markets Islamic account, you can now enjoy trading in various financial markets without swaps
Open AccountStorage fees, also referred to as swap or rollover fees, are charges imposed by brokers for holding positions overnight. MultiLP offers Islamic (swap-free) accounts in compliance with Islamic Shariah law, allowing traders to hold positions for multiple days without incurring interest charges, ensuring adherence to Islamic finance principles.
When a position is held open for a specific number of trading days (including weekends), an Islamic account is subject to the following daily charges on the following instruments
| Instrument | Charge per lot | Apply After |
|---|---|---|
| EURUSD | -$5.00 | 14 days |
| GBPUSD | -$5.00 | 14 days |
| AUDUSD | -$5.00 | 14 days |
| NZDUSD | -$5.00 | 14 days |
| USDCAD | -$5.00 | 14 days |
| USDCHF | -$5.00 | 14 days |
| USDJPY | -$7.00 | 14 days |
| AUDCAD | -$5.00 | 14 days |
| AUDCHF | -$5.00 | 14 days |
| AUDJPY | -$7.00 | 14 days |
| AUDNZD | -$5.00 | 14 days |
| CADCHF | -$5.00 | 14 days |
| CADJPY | -$7.00 | 14 days |
| CHFJPY | -$7.00 | 14 days |
| EURAUD | -$5.00 | 14 days |
| EURCAD | -$5.00 | 14 days |
| EURCHF | -$5.00 | 14 days |
| EURGBP | -$5.00 | 14 days |
| EURJPY | -$7.00 | 14 days |
| GBPAUD | -$5.00 | 14 days |
| GBPCAD | -$5.00 | 14 days |
| GBPCHF | -$5.00 | 14 days |
| GBPJPY | -$5.00 | 14 days |
| GBPNZD | -$5.00 | 14 days |
| NZDCAD | -$5.00 | 14 days |
| NZDCHF | -$5.00 | 14 days |
| NZDJPY | -$7.00 | 14 days |
| EURNZD | -$5.00 | 14 days |
| EURMXN | -$25.00 | From First Day |
| EURNOK | -$7.00 | From First Day |
| EURTRY | -$85.00 | From First Day |
| EURSEK | -$30.00 | From First Day |
| EURSGD | -$7.00 | From First Day |
| GBPSEK | -$9.00 | From First Day |
| SGDJPY | -$17.00 | From First Day |
| USDCNH | -$14.00 | From First Day |
| USDHKD | -$13.00 | From First Day |
| USDMXN | -$42.00 | From First Day |
| USDNOK | -$9.00 | From First Day |
| USDSEK | -$9.00 | From First Day |
| USDSGD | -$7.00 | From First Day |
| USDZAR | -$17.00 | From First Day |
| USDTRY | -$130.00 | From First Day |
| AUDSGD | -$7.00 | From First Day |
| Instrument | Charge per lot | Apply After |
|---|---|---|
| XAGUSD | -$5.00 | 5 days |
| XAUUSD | -$12.00 | 5 days |
| XPDUSD | -$14.00 | 5 days |
| XPTUSD | -$14.00 | 5 days |
| XAUEUR | -$25.00 | 5 days |
| Instrument | Charge per lot | Apply After |
|---|---|---|
| UKOIL | -$25.00 | From First Day |
| USOIL | -$25.00 | From First Day |
| Instrument | Charge per lot | Apply After |
|---|---|---|
| US30 | -$8.00 | 5 days |
| SP500 | -$8.00 | 5 days |
| NQ100 | -$8.00 | 5 days |
| FTSE100 | -$8.00 | 5 days |
| DAX40 | -$7.00 | 5 days |
*Trading Hours are subject to change. The most accurate details are those displayed in your account through the electronic trading system
Start TradingThe MT5 platform offers a wide range of benefits, including the following
Our Islamic trading account is swap-free. This feature ensures that your trading activities align with the principles of Islamic finance.
The Islamic account offers leverage of up to 500x. Leverage allows you to control a larger position size with a relatively smaller capital investment.
Using this platform is not confined to trading currencies only; you can trade many other financial assets with MT5, such as cryptocurrencies, indices, and stocks, all in one place and under one umbrella.
With a commission of just $2 per 100k, our Islamic account offers competitive pricing while ensuring transparency in the trading process.
Fast and easy registration, so you can jump into the trading world without delay.
Hassle-free and efficient, allowing you to start trading right away.
Simple and seamless, enabling you to begin your trading journey immediately.
