All Share (J203) = 90 015
Rand / Dollar = 18.21
Rand / Pound = 23.61
Rand / Euro = 19.76
Gold (usd/oz) = 3 034.38
Platinum (usd/oz) = 994.60
Brent (usd/barrel) = 71.04
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

TriumphFX Islamic Account

 

TriumphFX Islamic Account Review

 

TriumphFX offers Islamic swap-free trading on 2 stand-alone trading accounts levels,  the Islamic Variable and Islamic Platinum accounts.  Triumph offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

 

🔎 Account🥇 Islamic Variable🥈 Islamic Platinum
💰 Minimum Deposit$100 USD$2000 USD
R1600 ZARR30'800 ZAR
🔁 Spread TypeFloatingFloating
➖ Min Spread1.60.6
💳 Swap ChargeNoneNone
💵 Commission per LotNoneNone
➕ Max Leverage1:5001:500
🤝 Community Trading📌 No📌 No
👥 Referral RebateYes📌 No
💻 Trader RebateYes📌 No
🏆 RewardsYesYes
🚀 Open an Account👉 Click Here👉 Click Here

 

Min Deposit

USD 100

Regulators

CySEC

Trading Platform

MT4

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

TriumphFX Islamic Account – 7 Key Point Quick Overview

 

  1. ☑️ TriumphFX Overview
  2. ☑️ TriumphFX Islamic Account
  3. ☑️ How to open a TriumphFX Live Account – a Step by Step Guide
  4. TriumphFX Customer Reviews
  5. TriumphFX Pros and Cons
  6. Conclusion
  7. Frequently Asked Questions

 

 

Triumph FX Top Bar

 

TriumphFX Overview

 

TriumphFX is an international brokerage house that provides high-quality financial and investment services to clients from across the globe.  TriumphFX is committed to providing the best level of service paired with the most competitive conditions in the industry.  TriumphFX provides online foreign exchange (Forex) trading services, margin FX, and commodities trading to both individuals and institutional clients.  TriumphFX is a combination of straight-through processing (STP), non-dealing desk (NDD) execution, and electronic communication networks (ECN).

 

Triumph FX Landing Page

 

TriumphFX Islamic Account

 

TriumphFX offers Islamic swap-free trading on 2 stand-alone trading accounts levels,  the Islamic Variable and Islamic Platinum accounts.  Triumph offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

 

🔎 Account🥇 Islamic Variable🥈 Islamic Platinum
💰 Minimum Deposit$100 USD$2000 USD
R1600 ZARR30'800 ZAR
🔁 Spread TypeFloatingFloating
➖ Min Spread1.60.6
💳 Swap ChargeNoneNone
💵 Commission per LotNoneNone
➕ Max Leverage1:5001:500
🤝 Community Trading📌 No📌 No
👥 Referral RebateYes📌 No
💻 Trader RebateYes📌 No
🏆 RewardsYesYes
🚀 Open an Account👉 Click Here👉 Click Here

 

TriumphFX Islamic Account

 

How to open a TriumphFX Live Account – a Step by Step Guide

 

1. Step 1:  Start Process

 

In order to start the TriumphFX account registration process, the applicant can click on the green “Login/Register” button located at the top right corner of the Brokers webpage.

 

TriumphFX Account 1

 

2.  Step 2:  Sign Up

 

The second step in the live account registration process is to select the sign-up option.

 

TriumphFX Account 2

 

3.  Step 3:  Account Selection

 

The applicant will now select their preferred account type. For an individual trader, the most suited option will be the Real Account.

 

TriumphFX Account 3

 

4. Step 4:  Agreement.

 

The applicant will now be required to agree to select terms and conditions. Whereafter they will submit their application for approval.

 

TriumphFX Account 5

 

TriumphFX Customer Reviews

 

Happy Overall.

This is the best broker I have dealt with – Hands Down. – Ed

 

TrustPilot 5 Stars

 

Great Support.

The support from the TriumphFX team was outstanding. Thanx. – Marc

 

TrustPilot 4 Star

 

True Company.

TriumphFX is true to what they advertise. – Blake

 

TrustPilot 3 Star

 

TriumphFX Pros and Cons

 

✔️ Pros❌ Cons
Low Min. DepositMinimal Trading Instruments
Negative Balance ProtectionHigh Spreads
High-Quality Execution

 

 

Min Deposit

USD 100

Regulators

CySEC

Trading Platform

MT4

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

 

Conclusion

 

Overall, TriumphFX offers Islamic swap-free trading on 2 stand-alone trading accounts levels,  the Islamic Variable and Islamic Platinum accounts.

 

 

You might also like: TriumphFX Review

You might also like: TriumphFX Account Types Overview

You might also like: TriumphFX Demo Account – Step by Step

You might also like: TriumphFX Fees and Spreads

You might also like: TriumphFX Islamic Account Overview

You might also like: TriumphFX Minimum Deposit

You might also like: TriumphFX Sign up Bonus

 

 

Frequently Asked Questions

 

Are Muslim traders from South Africa allowed to open a trading account with TriumphFX?

Yes, Muslim Traders from South Africa are allowed to open an Islamic, Swap-Free account with TriumphFX.

 

Do spread costs apply to a TriumphFX Islamic account?

The minimum spread on a TriumphFX Islamic Account starts at 0.6 pips.  This is account dependent.

 

Does TriumphFX offer leverage on the Islamic account?

Yes, the maximum leverage on a TriumphFX Islamic Account is 1:500.

 

Are there any additional charges for the TriumphFX Islamic account?

No, additional charges do not apply to the TriumphFX Islamic Account.

 

Is it safe to open an Islamic account with TriumphFX?

Yes, our review reveals that it is safe to open the TriumpFX Islamic account

 

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

April 28, 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.

Accordion Content

🏆 Top 4 Brokers

Account Minimum

$100

Pairs Offered

55+

Account Minimum

$1

Pairs Offered

240+

Account Minimum

$100

Pairs Offered

70+

Account Minimum

$0

Pairs Offered

50+

AvaTrade-Logo

Account Minimum

$15

Exclusive to SAShares Clients

Account Minimum

$1

Account Minimum

$100

Account Minimum

$0