How do I open an Islamic account on Exness?

Log in to your Exness Personal Area, go to My Accounts, click on your account, open Account Settings, and toggle the Islamic Account option. You may be asked to confirm your religious belief. The switch applies immediately to new positions.

Which Exness account types support Islamic (swap-free)?

All Exness account types support Islamic status: Standard, Standard Plus, Pro, Raw Spread, Zero, and Cent. You can enable Islamic mode on any of them from your Personal Area.

Exness Islamic Account — Swap-Free Trading, All Account Types

Q: Is Exness Islamic account truly halal?

Exness Islamic accounts eliminate overnight swap fees entirely. No swap charge, no replacement administration fee after a few days. This makes it compliant with Islamic finance principles (no riba). Individual scholars may differ on CFD trading itself — the account structure removes the swap component.

Q: Does Exness charge admin fees on the Islamic account?

No. Exness does not charge administration fees as a swap replacement on Islamic accounts. Some brokers impose flat admin fees after 3–7 days on open positions — Exness does not. The account is genuinely swap-free with no hidden replacement charges.

What is an Exness Islamic Account?

An Exness Islamic account is a swap-free trading account that removes overnight interest charges (swaps) from all positions. Under Islamic finance principles, charging or receiving interest (riba) is prohibited. Conventional forex accounts accrue swap fees when positions are held overnight — the Islamic account eliminates this entirely.

What makes Exness different from most brokers: there is no administration fee charged after a holding period to compensate for the removed swap. Many brokers offer "Islamic accounts" but quietly add a flat admin fee after 3–7 days on open positions — functionally replacing the swap with a different charge. Exness does not do this.

Which Account Types Support Islamic Mode?

Account Type	Islamic Available	Min Deposit	Commission
Standard	✓ Yes	$10	No commission
Standard Plus	✓ Yes	$2,000	No commission
Pro	✓ Yes	$200	No commission
Raw Spread	✓ Yes	$200	$3.50/lot per side
Zero	✓ Yes	$200	$3.50–$7/lot
Cent	✓ Yes	$10	No commission

For most Muslim traders new to forex, the Standard account with Islamic mode is the practical entry point: $10 minimum deposit, no commission, no swap. Experienced traders who scalp or trade high volume often prefer Raw Spread Islamic for tighter spreads despite the per-lot commission.

How to Enable Islamic Account on Exness

Log in to your Exness Personal Area at exness.com
Go to My Accounts
Click on the account you want to make Islamic
Open Account Settings (gear icon)
Find Islamic Account toggle and enable it
Confirm — takes effect immediately on new positions

The change applies only to new positions opened after activation. Existing open positions with accumulated swaps are not retroactively adjusted. Close open positions first if you have existing swap exposure.

Which Instruments Are Swap-Free?

Instrument	Islamic / Swap-Free	Notes
Forex pairs (all)	✓ Swap-free	Majors, minors, exotics
Gold (XAU/USD)	✓ Swap-free	Most traded commodity on Exness
Silver (XAG/USD)	✓ Swap-free
Crude oil (WTI, Brent)	✓ Swap-free
Indices (S&P 500, etc.)	✓ Swap-free
Cryptocurrencies	✓ Swap-free	BTC, ETH, and others
Stocks CFDs	✓ Swap-free	Selected instruments

Gold (XAU/USD) is the most important instrument for GCC and South Asian traders using Islamic accounts. Exness applies swap-free status to gold positions — meaning you can hold gold positions overnight, for days or weeks, without any swap charges or admin fees.

Exness vs Other Brokers — Islamic Account Comparison

Broker	Swap-Free	Admin Fee After X Days	All Account Types
Exness	✓ Yes	No admin fees	✓ All types
XM	✓ Yes	Admin fee after 7 days	Most types
IC Markets	✓ Yes	Admin fee after 3 days	Standard only
Pepperstone	✓ Yes	Admin fee applies	Selected types
FP Markets	✓ Yes	Admin fee after 5 days	Selected types

The admin fee trap is common. A broker advertises "Islamic account — no swap" but then charges $5–15 per lot per day as an "administration fee" after a grace period. For swing traders holding positions for a week or more, this adds up to roughly the same cost as a swap. Exness genuinely does not do this.

Is Exness Islamic Account Available in My Country?

Exness Islamic accounts are available in all countries where Exness operates. The most active regions:

GCC: UAE, Saudi Arabia, Kuwait, Qatar, Bahrain, Oman — fully supported
South Asia: Pakistan, Bangladesh — fully supported
Southeast Asia: Malaysia, Indonesia — fully supported
Africa: Nigeria, Egypt, South Africa — fully supported
Restricted: EU, UK, Australia — swap-free still available, but leverage is capped by local regulation

Open Exness Islamic Account

Start with a Standard account from $10 minimum deposit. Enable Islamic mode immediately in your Personal Area. Available in UAE, Malaysia, Pakistan, Indonesia, Saudi Arabia and 170+ countries.

Open Exness Account Free →

Risk warning: Trading forex and CFDs involves significant risk of loss. Only trade with money you can afford to lose.

Frequently Asked Questions

Is Exness Islamic account truly halal?

Exness Islamic accounts remove overnight swap fees with no replacement admin fee. This addresses the riba (interest) concern. Scholars differ on whether CFD trading itself is permissible — the account structure removes the swap component. For guidance on the broader question of forex permissibility, see our Is Forex Trading Halal guide.

Does Exness charge admin fees on the Islamic account?

No. This is the key difference from most brokers. Exness does not charge administration fees as a hidden swap replacement after a grace period. The account is genuinely swap-free with no additional charges for holding positions long-term.

Can I trade gold with an Exness Islamic account?

Yes. Gold (XAU/USD) is swap-free on Exness Islamic accounts. This is important for traders in GCC, Pakistan, and Malaysia where gold trading is common. You can hold XAU/USD positions for days or weeks with no swap or admin fee.

Is there a separate Islamic account, or is it a toggle?

It is a toggle on your existing account. You do not need to open a new account. Go to Personal Area → My Accounts → Account Settings → enable Islamic Account. It applies immediately. You can have some accounts Islamic and others not, across multiple accounts in the same PA.

Does Islamic mode affect spreads or commissions?

No. Spreads and commissions remain identical to the standard version of the same account type. Islamic mode only removes the swap — everything else stays the same. A Raw Spread Islamic account has the same tight spreads and $3.50/lot commission as a standard Raw Spread account.

Can I switch back from Islamic to standard account?

Yes. The Islamic toggle can be disabled the same way it was enabled in Account Settings. Swaps resume on new positions after deactivation. Existing open positions maintain whatever conditions applied when they were opened.

Is Exness Islamic account available in Malaysia?

Yes. Exness is very popular in Malaysia and the Islamic account is fully available. Most Malaysian Exness clients use Standard Islamic accounts. Exness is regulated under multiple jurisdictions and accepts Malaysian clients under FSA (Seychelles) or CBCS regulation.

Is Exness Islamic account available in Pakistan?

Yes. Exness accepts Pakistani clients and the Islamic account is available. PKR deposits are supported through local payment methods. The Standard Islamic account at $10 minimum is the most common entry point for Pakistani traders.