Ethical Trading: VPtrade Islamic Accounts
VPtrade embraces ethical trading practices through our Islamic accounts, which cater specifically to Muslim investors seeking to align their financial activities with Shariah principles.
Our Islamic accounts, also known as swap-free accounts, ensure that traders can participate in the global financial markets without engaging in interest-based transactions.
This compliance with Shariah law prohibits the earning or paying of interest, making it suitable for traders who prioritize ethical and moral considerations in their investments.
We provide a wide range of CFDs including currencies pairs, commodities, indices, and stocks, allowing you to diversify your portfolio.
Plus
$50,000
- Ultra-competitive spreads starting from as low as 1.0 pips on major currency pairs.
- Enjoy the highest leverage options of up to 1:500, giving you exceptional trading power.
- An extensive selection of financial instruments, including international markets.
Premium
$100,000
- Ultra-competitive spreads starting from as low as 0.8 pips on major currency pairs.
- Enjoy the highest leverage options of up to 1:500, giving you exceptional trading power.
- Exclusive access to premium research and trading signals.
- Priority customer support with a dedicated account manager.
- An extensive selection of financial instruments, including international markets.
Got a Question? Here’s the Answer:
An Islamic account, also known as a swap-free account, adheres to Shariah principles by prohibiting interest-based transactions. At VPtrade, Islamic accounts cater to Muslim investors who seek to trade in accordance with their religious beliefs, ensuring compliance with ethical and moral standards.
Unlike regular accounts that may involve earning or paying interest, Islamic accounts at VPtrade do not accrue swap or rollover fees on overnight positions. This distinction allows Muslim traders to participate in global financial markets without violating Shariah law.
Islamic accounts at VPtrade do not have specific limitations beyond the exclusion of interest-based transactions. Traders can access a wide range of financial instruments and trading opportunities available on our platform, ensuring flexibility while adhering to Islamic principles.
VPtrade does not impose additional fees specifically for Islamic accounts. Our pricing structure remains transparent and competitive across all account types, ensuring fairness and equality for all traders.
Please be advised: VPtrade does not provide legal guidance, so this definition of an Islamic Account should not be construed as authorization for trading. It is essential to ensure that all trading activities align with your personal beliefs.
Islamic accounts may experience wider spreads on FX pairs.