Forex Islamic accounts or swap-free accounts imply no swap or rollover interest on overnight positions, since it is against Islamic faith. XEMarkets offers this type of accounts to traders following the Muslim faith.

The three easy steps are required

• Open a trading account with XEMarkets,
• Fill out the Request for Islamic (Swap-free) Trading Account form,
• Return the scanned version of the duly signed and executed request by email

Note that the broker may revoke the swap-free account in the event of any form of abuse.

The Swap-free Instaforex account services are for traders who use trading systems that do not take into account the impact of swaps or those traders who can not use swaps owing to their religious beliefs("Islamic accounts").The remaining trading terms of the swap-free accounts of Instaforex are the same as the Standard or Eurica-type (see InstaForex review).