Trading Point offer opportunities for forex Islamic accounts in order to enhance Muslim traders to enjoy the benefits of forex. The options offered for Muslim customers are abbreviated forex Islamic accounts or Shariah forex accounts and they offer swap free options with no interests charged for overnight positions in full compliance with Shariah Law. The particular accounts which are often abbreviated as Shariah forex accounts are in full compliance with Islamic beliefs and the policy of no interest to be paid upon business transactions.
Trading Point Swap Free / Forex Islamic Account Characteristics
> No interest/swap charges on overnight positions
> No up-front commissions
> No time constraints.
> No spread widening
> How to Open a Swap Free / Forex Islamic Account
Customers that wish to open a forex Islamic account will have to open a real money trading account and send through the request for a swap free account. Once the signed form is received by the accounts department of the forex broker your forex trading account will be filed under the Islamic accounts guidelines and the trading policy of your account will be switched to swap free.
e-mail (in scanned form) to [email protected] or by fax to +357 25 820344.
Once we receive the signed document your trading account moves to the Islamic (Swap Free) Trading Account Group. Please note that the management reserves the right to discontinue or decline options for Islamic accounts if it feels that submitted documents are lacking required evidence or that terms of use of an Islamic account are been misused.
Additionally forex Islamic account holders will be accomodated by a forex account manager and will be entitiled to 24 hour support; please note that if you are a beginner trader you can still download the Metatrder terminal and experience and learn trading with a forex demo account with no obligations and no questions asked.
If you have any questions regarding Muslim customer policy and forex Islamic accounts options please feel 100% free to contact support to clarify questions or queries.
Trading Point offer opportunities for forex Islamic accounts in order to enhance Muslim traders to enjoy the benefits of forex. The options offered for Muslim customers are abbreviated forex Islamic accounts or Shariah forex accounts and they offer swap free options with no interests charged for overnight positions in full compliance with Shariah Law. The particular accounts which are often abbreviated as Shariah forex accounts are in full compliance with Islamic beliefs and the policy of no interest to be paid upon business transactions.
Trading Point Swap Free / Forex Islamic Account Characteristics
> No interest/swap charges on overnight positions
> No up-front commissions
> No time constraints.
> No spread widening
> How to Open a Swap Free / Forex Islamic Account
Customers that wish to open a forex Islamic account will have to open a real money trading account and send through the request for a swap free account. Once the signed form is received by the accounts department of the forex broker your forex trading account will be filed under the Islamic accounts guidelines and the trading policy of your account will be switched to swap free.
e-mail (in scanned form) to [email protected] or by fax to +357 25 820344.
Once we receive the signed document your trading account moves to the Islamic (Swap Free) Trading Account Group. Please note that the management reserves the right to discontinue or decline options for Islamic accounts if it feels that submitted documents are lacking required evidence or that terms of use of an Islamic account are been misused.
Additionally forex Islamic account holders will be accomodated by a forex account manager and will be entitiled to 24 hour support; please note that if you are a beginner trader you can still download the Metatrder terminal and experience and learn trading with a forex demo account with no obligations and no questions asked.
If you have any questions regarding Muslim customer policy and forex Islamic accounts options please feel 100% free to contact support to clarify questions or queries.
At Trading Point we provide you with the flexibility to choose among 3 different forex trading account types. Our objective is to meet your individual needs while offering a professional and personal service irrespective of the type of account you may choose. Each forex account type gives the investor full access to the highly accredited MetaTrader4 trading platform, which includes unlimited charts and technical indicators, automated trading, mobile trading software and access to detailed account information. All clients are assisted directly by our traders, who can be conveniently contacted via email, telephone and chat services. Regular intra-day market updates as well as a strategic outlook on the main currency pairs are delivered free of charge.
Micro forex trading accounts are designed for new traders. They allow clients to trade with real money without exposing them to high risks. There is no minimum initial deposit. Standard Accounts are appropriate for experienced as well as professional traders with a distinctive knowledge of the world financial markets. The minimum initial deposit is USD 3,000. Executive forex trading accounts are designed for experienced and professional traders who have the ability to trade large volumes. The minimum initial deposit is USD 100,000. Executive clients can also count on the assistance of additional trade analysis, education modules and more proactive trading guidance from our experts.
Trading Point Account Types
* Figures should be considered as a guideline – Tailor made solutions can be arranged to accommodate for each client’s needs.
** If the deposit currency is not USD, the indicated amount should be converted to the deposit currency
Trading Point offers its customers fractional pip pricing. This means that instead of quoting prices with four(4) digits, Trading Point allows you to benefit from the smallest price movements by adding a fifth digit (fraction). Fractional pip pricing allows for tighter spreads and the most accurate quoting possible. This pricing is the result of our efforts to get the best prices from our multiple liquidity providers.