All Share (J203) = 89 519
Rand / Dollar = 18.20
Rand / Pound = 23.53
Rand / Euro = 19.79
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Admiral Markets Islamic Account

Admiral Markets Islamic Account
 

Admiral Markets offers Islamic swap-free trading on 1 trading account level,  Admirals Trade.MT5 Islamic, Swap-Free.  Admiral Markets offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. No Interest, No Swaps.

 

🔎 Broker🥇 Admiral Markets
📌 Account☪️ Islamic
☪️ Swap-Free
🌗 Overnight InterestNone
🌒 Overnight SwapsNone
☑️ AvailabilityRetail
Professional
🚀 Open an Account👉 Click Here

 

Min Deposit

USD 25

Regulators

CySEC, FCA

Trading Platform

MT4, MT5, WebTrader

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

 

Admiral Markets Islamic, Swap-Free Account – 8 Key Point Quick Overview

 

  1. ☑️ Admiral Markets Overview
  2. ☑️ Admiral Markets Islamic, Swap-Free Account
  3. ☑️ Admiral Markets Islamic Forex Account Fees
  4. How to Open an Admiral Markets Account – Step by Step Guide
  5. Admiral Markets Customer Reviews
  6. Admiral Markets Pros and Cons
  7. Conclusion
  8. Frequently Asked Questions

 

 

Admiral Top 2

 

Admiral Markets Overview

 

Admiral Markets operate under the Admirals trademark.  They are leading online trading service providers that offer investment services for trading with Forex and CFDs on indices, metals, energies, agricultures, stocks, ETFs, and bonds.  Admiral Markets has an active presence in 130+ countries across the globe.

 

Admiral Landing Page

 

Admiral Markets Islamic, Swap-Free Account

 

The Admiral Markets Islamic Forex Account allows traders of the Muslim faith to trade on the standard terms without having interest fees credited or debited. The Islamic, swap-free option is made available on the Trade.MT5 account and Islamic traders will not pay or earn swaps or interest on CFDs on currency pairs, indices, commodities, shares, ETFs, and bonds.

 

🔎 Broker🥇 Admiral Markets
📌 Account☪️ Islamic
☪️ Swap-Free
🌗 Overnight InterestNone
🌒 Overnight SwapsNone
☑️ AvailabilityRetail
Professional
🚀 Open an Account👉 Click Here

 

Admiral Markets Islamic Forex Account Fees

 

Admirals Islamic Forex Accounts will not pay or earn swaps or interest on any CFDs on indices, commodities, shares, ETFs, and bonds.  However, this is excluding CFDs on exotic currency pairs. A small financing charge is applicable overnight on exotic currency pairs.  Furthermore,  trades open with a holding period of more than 3 days (1 day for digital currencies and exotic currency pairs) will be charged a flat administration fee.

 

Admiral Islamic Account

 

How to Open an Admiral Markets Account – Step by Step Guide.

 

New applicants will need to open an Admiral Markets online trading account in order to trade Forex & CFDs on indices, precious metals, energies, ETFs, and stocks on excellent terms with MetaTrader 4 and MetaTrader 5 trading platforms, or trade directly in your web browser with MetaTrader WebTrader.  To start the process, the applicant can simply click on the green “Register” button located at the top right corner of the Brokers website.

 

Admiral Account 1

 

Once this has been done, the applicant will be met with a registration form.

 

1.  Step 1:  Complete Registration

 

The applicant will be required to complete a short registration form and set up a password for their newly created account.

 

Admiral Account 2

 

2.  Step 2:  Confirmation

 

Once the registration form has been completed an Important Notification will appear.  The applicant must carefully read the notification before clicking on confirm.

 

Admiral Account 3

 

3. Step 3: Activation

 

The applicant will now be prompted to check their email account in order to complete the process.

 

Admiral Account 4

 

The Confirmation email received will look at follows:

 

Admiral Account 5 Admiral Account 6 Admiral Account 7

 

 

Admiral Markets Customer Reviews

 

Great Support.

You can always rely on the best support and exellent service from the Team from Admiral Markets. – Bill

 

IG 5 Star Review

 

Good Service.

Thank you very much for the support! I am so happy to be a part of Admirals. – Jan

 

IG 4 Star Review

 

Happy Trader.

Very good broker with an active customer support team. – Anon

 

IG 3 Star Review

 

Min Deposit

USD 25

Regulators

CySEC, FCA

Trading Platform

MT4, MT5, WebTrader

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Admiral Markets Pros and Cons

 

✅ Pros❌ Cons
Multiple account choicesDoes not accept cash deposits from banks
Low trading feesInactivity fee
No withdrawal feeProduct portfolio limited
Straightforward account openingNo 24/7 customer service
Available in South AfricaDoes not accept US Clients
Negative balance protectionE-wallet options aren't available for all customers

 

Conclusion

 

Overall, Admiral Markets does offer an Islamic swap-free trading account on 1 trading account level,  Admirals Trade.MT5 Islamic, Swap-Free.

 

 

You might also like: Admiral Markets Review

You might also like: Admiral Markets Account Types Overview

You might also like: Admiral Markets Demo Account – Step by Step

You might also like: Admiral Markets Fees and Spreads

You might also like: Admiral Markets Minimum Deposit

You might also like: Admiral Markets Sign up Bonus

 

 

Frequently Asked Questions

 

Does Admiral Markets offer the option of an Islamic Account?

 

Yes. Admiral Markets offers the option of an Islamic Account on the Trade.MT5 account.

 

What are the fees for the Admiral Market Islamic account?

 

Administration fees charged on open trades with a holding period exceeding 3 days for most financial instruments and 1 day for digital currencies and exotic forex pairs.

 

What instruments can be traded with Admiral Market Islamic account?

 

You can trade these instruments with the Islamic account:  Forex, Bonds, Stocks, ETFs, Cash Index, Index Futures, Commodities, Energies, Metals, Cryptocurrencies.

 

 

5/5 - (2 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 9, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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