OlympTrade Islamic account is ideal for Muslim traders seeking a Shariah-compliant trading environment. This account is designed to eliminate overnight swap fees and provide full transparency, ensuring a riba-free Forex experience.

What is OlympTrade Islamic Account?
The OlympTrade Islamic account is designed for Muslim traders who require a swap-free account that doesn’t charge fees for holding positions overnight.
This helps traders comply with Shariah law while trading Forex, OlympTrade indices, cryptocurrencies, commodities, ETFs, and composites.
Traders must keep in mind that the average spread on Islamic accounts is higher than the standard spread, as they do not incur any overnight position holding fees.
OlympTrade Islamic Account Benefits
OlympTrade binary broker swap-free trading account ensures fairness, ethical trading, and a seamless experience for Muslim traders. OlympTrade Islamic account main benefits:
- No swap fees: Trade without overnight interest charges;
- Negative balance protection: Your balance won't drop below zero;
- Fully functional demo account: Risk-free practice with real-time market features;
- 24/7 support in your language: Multilingual expert help at any time;
- Transparent fee structure: No hidden costs;
- Instant market execution: Fast, real-time order execution.

How to Setup OlympTrade Islamic Account
To activate your swap-free trading account, follow these two steps:
- Request the swap-free feature on the website;
- Confirm the request in your dashboard.
#1 Request the Swap-Free Account on the Website
To activate the swap-free feature on your account, follow this easy procedure:
- Navigate to the Islamic account page on OlympTrade;
- Click on the green "Open Account" button;
- If you already have an account, simply log in to your OlympTrade dashboard. If not, follow the steps in our Olymp Trade registration guide to create your account.

#2 Confirm the Islamic Account in Your Dashboard
To finish the process, follow the steps below:
- Inside your OlympTrade dashboard, click on the "Set as Islamic" button in the pop-up window;
- The swap-free feature will be activated instantly.

TF Expert Suggestion
OlympTrade Islamic account is a strong choice for Muslim traders seeking ethical Forex trading conditions with high leverage options (up to 1:500). With real-time execution, zero swap fees, and full transparency, this account is ideal for traders who value Sharia-law .
For more information about the other OlympTrade account types, you can refer to the list of educational articles provided in the OlympTrade tutorial section.