M4Markets Islamic Account

Overall, M4Markets offers Islamic swap-free trading on 3 retail trading accounts e.g. Standard account, Raw account, and Premium account. M4Markets offers extended swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

M4Markets at a glance

Overall Rating

• 4.0/5

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Min Deposit

USD 5

Regulators

FSA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

50

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

M4Markets Islamic Account – 9 Key Point Quick Overview Revealed (2025):

1. ☑️ M4Markets at a glance
2. ☑️ What exactly is an Islamic Account?
3. ☑️ Which financial activities are restricted and prohibited by Sharia law?
4. ☑️ What are the steps involved in opening an M4Markets Islamic Account?
5. ☑️ What are M4Markets’ spread costs on an Islamic Account?
6. What other features does M4Markets’ Islamic Account have?
7. M4Markets Islamic account Pros and Cons
8. Conclusion
9. Frequently asked questions

What exactly is an Islamic Account?

Most brokers offer an Islamic Account, but it is not always a standalone account, although some brokers dedicate one account to being an Islamic or Swap Free account. These account types are an option mostly offered by Forex brokers.

Islamic Accounts are also provided by brokers who serve Middle Eastern clients in addition to clients from other jurisdictions. These accounts offer certain features that are in line with Sharia law, including the prohibition of the accrual of interest on funds that are deposited into the account.

Another key aspect of an Islamic account is that transactions have to be resolved instantly. This means that currencies have to be moved from one account to the other as soon as the transaction is finished and, as a result, fully paid for.

There are two key elements of Islamic law that relate specifically to trading accounts, these elements are Riba, and Gharar

Riba is the prohibition of generating money from money, which in this case specifically refers to an interest, which is not allowed according to Sharia law. This type of interest is seen as both unjust and exploitive gains pertaining to trade or business.

Which financial activities are restricted and prohibited by Sharia law?

Due to the restrictions and certain prohibitions placed on Muslim traders when considering the intricate details involved with trading activities, the following should be kept in consideration:

What are the steps involved in opening an M4Markets Islamic Account?

M4Markets, as do other brokers, only offers Islamic Swap-Free accounts to clients of Islamic faith and the necessary proof has to be provided before the conversion of any account to an Islamic account is approved.

To register for an Islamic account is easy and requires the following 3 simple steps:

1. Step 1 – First, navigate to the homepage of the broker and complete the online registration form. Complete your economic profile, upload the necessary files, and have it verified.
2. Step 2 – Select the Standard, Raw Spread, or Premium account type under the accounts tab after clicking “Open Live Account.”
3. Step 3 – Go to your client portal, click on the account you want to convert to a swap-free account, and then click “Apply” in the Swap-Free Account option once your profile has been verified by the broker.

What are M4Markets’ spread costs on an Islamic Account?

This depends on the type of live account that has been registered. The same spread costs will be applicable to the converted Islamic Account.

What other features does M4Markets’ Islamic Account have?

When making use of the M4Markets’ Islamic account, traders can expect the following features, namely that interest is not charged on contracts that are held for more than 24 hours. There is a consistent zero rollover interest.

There are also no additional rollover commissions where contracts are held for longer than 24 hours. As with other traders, they will have access to Expert Advisors, which will allow for automated trading. There is direct execution on trades.

Traders should take note that markets open on Sunday at 11 pm CET and close on Fridays at 11 pm CET. In addition, there may be some restrictions and limits which apply to the Islamic Account.

M4Markets Islamic account Pros and Cons

Conclusion

M4Markets is a licensed ECN CFD broker with its corporate headquarters in Mahe, Seychelles. It has been in business since 2019. The trading name of Trinota Markets Global Limited is M4Markets.

The Financial Services Authority (FSA) in Seychelles oversees the broker. It offers state-of-the-art technology and super-fast executions in a safe and transparent trading environment.

Providing trading on the MetaTrader4 and MetaTrader5 platforms, M4Markets is a global CFD broker that specializes in trading forex, indices, commodities, shares, and cryptocurrencies.

The broker provides unmatched trading conditions with open transactions, raw spreads that begin at 0.0 pips, and no requotes. Delivering the best standards to its customers worldwide is M4Markets’ primary goal. Traders get access to a safe and ethical trading environment with the broker.

Through a selection of three dynamic account types, namely Standard, Raw Spread, and Premium accounts, M4Markets enables trading in more than 60 financial instruments, each of which is catered to traders based on their degree of expertise, knowledge, and experience.

Additionally, traders have access to a number of promotions, such as credit bonuses and an Introducing Broker Reward that guarantees a 20 percent commission bonus after 21 lots have been traded.

Residents of some countries, including the USA, Canada, Cuba, Sudan, Syria, and North Korea, are not eligible to use M4Markets’ services.

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Frequently asked questions

Trading environment

How many instruments can I trade with M4Markets?

You can trade the following financial instruments, namely Forex, Commodities, Indices, Shares, and Cryptocurrencies.

Which platforms are supported by M4Markets?

MetaTrader4 and MetaTrader5.

Does M4Markets offer leverage?

Yes. Leverage of up to 1:1000.

What spreads can I expect with M4Markets?

Raw spreads start from 0.0 pips on the Raw Spread and Premium account types.

Does M4Markets charge a commission?

Yes. M4Markets charges a commission of 0.05% when trading equities and between $2.5 to $3.5 on forex and metals, depending on the type of account.

Are there additional charges on the Islamic account?

Not that can be seen from M4Markets’ website.

Is M4Markets regulated?

Yes. M4Markets is regulated by FSA in Seychelles.

Is M4Markets a recommended forex trading broker for experts and beginners?

Yes. M4Markets offers a trading environment for both beginners and expert traders.

What is the overall rating out of 10 for M4Markets?

8/10.

Accounts

What is the difference between a demo and a live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

Does M4Markets offer a demo account?

Yes. The broker does offer a demo account that has the same features as the live account.

For how long is the demo account valid?

The demo account is valid for 30-days.