Does JustMarkets Have an Islamic Account? Swap-Free Trading Guide 2026

Yes. A JustMarkets Islamic account is available in the form of swap-free status, which JustMarkets says can apply to all four of its account types: Standard Cent, Standard, Pro and Raw Spread. Its help centre states that swap-free accounts are offered to Muslim clients by default, and its account pages explain that an existing account can be converted to swap-free by contacting support. With swap-free status, no overnight swap is charged or credited on covered instruments, so a position can be held without interest-style rollover payments.

There are details worth understanding before you rely on it. JustMarkets runs two swap-free levels for non-Muslim clients, Extended and Standard, and some instruments are covered while others follow the normal contract specification. The way the broker describes eligibility also differs slightly between its pages, so you should confirm your own status in the Personal Area. And whether a swap-free CFD account is compatible with Islamic finance principles is a religious question that scholars answer differently.

This guide covers all of it: what swaps are and why they matter, exactly what JustMarkets publishes about swap-free trading, how to check and request your status step by step, which instruments are covered, hypothetical cost examples, the Sharia considerations traders commonly discuss, and the mistakes to avoid. We checked the broker's account pages, help centre and market pages in October 2026.

If you would like to look at the swap-free markers in the contract specifications yourself, you can open a JustMarkets account and review swap-free conditions in your Personal Area. Demo accounts are available on all four account types.

Does JustMarkets Have an Islamic Account? What the Broker Publishes

JustMarkets does not run a separate "Islamic account type" alongside Standard, Pro and the rest. Instead, swap-free is a status applied to a regular trading account. Here is what its public pages say, in their own terms.

Taken together, the picture is that swap-free trading is widely available at JustMarkets, Muslim clients are meant to receive it without extra steps, and the scope for non-Muslim clients depends on the level assigned. Because the wording differs between pages and conditions can differ by entity, the authoritative answer for you is what your Personal Area shows and what support confirms in writing.

Quick facts

• Account types with swap-free: Standard Cent, Standard, Pro, Raw Spread.
• Extra cost published: we did not find a published administration or holding fee for swap-free status on JustMarkets' public pages. Check the contract specifications and client agreement for your entity.
• Platforms: MT4, MT5 and the JustMarkets mobile app.
• Margin call / stop-out: 40% / 20%, as on standard accounts.
• Where to check your status: the Personal Area.

Swaps Explained: What You Are Avoiding

A swap, sometimes called a rollover or overnight financing charge, is an amount debited from or credited to your account when you hold a leveraged position past the daily rollover time. JustMarkets' account pages describe it as a fee for the operation of closing an order at the end of one trading day and reopening it at the close price the next day.

• Why swaps exist: when you hold a leveraged currency position, you are economically borrowing one currency to hold another. The swap reflects the interest-rate difference between them, plus the broker's markup.
• When swaps are applied: JustMarkets' market pages say swaps are applied at 22:00 server time (GMT+3) each trading day, excluding the weekend.
• Triple swap day: swaps on Wednesdays are tripled to account for the weekend, according to JustMarkets' market pages.
• Positive or negative: depending on the instrument and direction, a swap can be a charge or a credit. On many instruments both directions are negative.

For Muslim traders the concern is straightforward: a swap is widely regarded as a form of interest (riba), which Islamic law prohibits. A swap-free account removes the swap entirely on covered instruments, so neither a charge nor a credit is applied.

Hypothetical example: what swaps can cost over time

Hypothetical illustration with invented swap values; actual swaps vary by instrument and change frequently. A trader holds a 1-lot position on a currency pair for 10 trading days. Suppose the swap for that direction is the equivalent of 7 USD per lot per night. Over two weeks, including two Wednesday triple swaps, the trader is charged for 14 nights (10 trading days plus 4 extra nights from the two Wednesdays), about 98 USD. On a swap-free account covering that instrument, the charge would be zero.

The longer you hold positions, the bigger the difference. For day traders who close everything before rollover, swaps barely matter. For swing and position traders, they can be one of the largest costs.

Instrument Coverage: What Is and Is Not Swap-Free

This is the part of the JustMarkets Islamic account question that causes most confusion. For clients on the Extended swap-free level, the help centre lists which instrument groups are covered. Everything else follows the contract specification.

For Muslim clients, JustMarkets' help centre says swap-free accounts are offered by default, but its public pages do not spell out instrument by instrument whether Muslim-status accounts are treated differently from the Extended level. If you plan to hold, for example, silver or oil positions overnight, ask support to confirm in writing how swaps apply to your account, and check the swap column in the platform's contract specification before trading.

How to read the markers on JustMarkets' market pages

JustMarkets' market pages tag individual instruments with "Extended Swap-free available". If an instrument carries that tag and your account has the relevant status, swaps are not charged on it. If it does not carry the tag, assume normal swaps apply until you have confirmed otherwise.

How to Get and Check a JustMarkets Islamic Account: Step by Step

Screens can change between the website and the app, so follow the on-screen prompts where they differ from this outline.

1. Register and verify. Create your profile on the official website or app and complete identity verification. JustMarkets' help centre lists a passport, national ID or driving licence as acceptable documents, provided the copy is clear and valid for at least one more month.
2. Open the trading account you want. Choose Standard Cent, Standard, Pro or Raw Spread, together with the platform and currency.
3. Check your swap-free level in the Personal Area. The help centre says you can see your level there. Note whether it shows Extended, Standard or a Muslim/Islamic status.
4. Contact support if you need to change it. JustMarkets' account pages say you convert an account to swap-free by contacting the support team. Use live chat or email from the official website and state that you require a swap-free (Islamic) account for religious reasons.
5. Provide anything requested. JustMarkets' educational article on swap-free accounts mentions that a trader may need to meet requirements and provide documents. Respond only through official channels.
6. Get written confirmation. Ask support to confirm which of your trading accounts are swap-free and which instruments are covered.
7. Verify on a small position. Open a minimal position on a covered instrument and hold it past 22:00 server time. The next day, check the swap column in the MetaTrader trade history; it should show zero.

Practical tips

• Swap-free status is applied per trading account. If you open a new account later, check its status too.
• Keep a screenshot of your Personal Area status and the support confirmation.
• Never pay a third party to "activate" Islamic status. It is handled by JustMarkets support at no cost we could find published.

Choosing the Right Account Type for Swap-Free Trading

Because swap-free status is available on all four JustMarkets account types, the choice of account comes down to markets, minimum deposit and how you prefer to pay for trades.

For a Muslim trader who plans to hold positions for days, the commission on Raw Spread is a fixed cost per trade rather than a holding cost, so it does not raise the same interest-related concerns as a swap. Whether you prefer a wider spread with no commission or a raw spread with commission is a cost question; run the numbers with live spreads on a demo. Beginners who want very small positions often start on Standard Cent, which is forex and commodities only.

How Swap-Free Interacts With Margin and Stop-Out

Removing swaps makes long holding periods cheaper, which can tempt traders to hold positions longer and larger than they otherwise would. Margin rules still apply in full.

Hypothetical illustration. A trader with 2,000 USD equity holds swap-free positions using 400 USD of margin, a margin level of 500 percent. Over several weeks the positions move against them and equity falls to 400 USD, a margin level of 100 percent. On a normal account, swaps would have added to the losses; on a swap-free account they do not. But if equity falls to 160 USD, the margin level reaches 40 percent, JustMarkets' listed margin call level, and at 80 USD, 20 percent, the stop-out level, positions begin to be closed. Swap-free status changed the cost of waiting, not the risk of being wrong.

Planning Overnight and Weekend Positions

Swap-free trading suits traders who hold positions across days. That brings risks that intraday traders largely avoid.

• Weekend gaps: forex, indices and metals close at the weekend and can reopen at a very different price. Stops may be filled at the opening price, not your stop level.
• Rollover spreads: spreads can widen around the daily rollover. A tight stop placed near the market can be triggered by a temporary spread spike.
• Event risk: central-bank decisions, elections and geopolitical events can move markets sharply while you hold.
• Uncovered instruments: if part of your portfolio is in energies or silver, those positions still incur swaps under the Extended level.

A pre-hold checklist

1. Confirm the instrument is covered by your swap-free status.
2. Check the calendar for major events during your planned holding period.
3. Place a stop at a level that reflects the instrument's normal range, not a tight intraday level.
4. Size the position so a weekend gap through your stop would still be an acceptable loss.
5. Review the position each day rather than leaving it unattended for weeks.

Sharia Considerations Traders Commonly Discuss

This section is general information, not a religious ruling. Scholars and Islamic finance bodies hold different views on forex and CFD trading, and you should consult a qualified scholar you trust.

Removing swaps addresses the most obvious concern, interest. Other questions are often raised when people discuss whether online leveraged trading can be Sharia-compliant at all.

Some scholars permit spot currency exchange with immediate settlement and no interest, while viewing leveraged CFDs more critically. Others take a more permissive view of swap-free accounts. Because the debate is about the product as well as the swap, a swap-free account should not be presented, by any broker, as automatically "halal". Make your own informed decision with appropriate religious guidance.

Practical steps some Muslim traders take

• Use low or no effective leverage, so that positions are close to fully funded.
• Avoid instruments they regard as problematic, such as shares in companies with prohibited core businesses or interest-based financial firms.
• Avoid very short-term speculative styles and focus on considered, longer-horizon decisions.
• Keep detailed records so any purification of impermissible income, if their scholar advises it, can be calculated.

Confirming Swap-Free Status in MetaTrader

The Personal Area tells you your status; the platform shows you whether it is working. In MetaTrader 4 and 5, open trades and closed trades in the history both show a swap column. Here is how to read it.

1. Open the Terminal or Toolbox window and select the Trade tab for open positions or the History tab for closed ones.
2. Make sure the Swap column is visible. If it is hidden, right-click the column headers and enable it.
3. Look at positions held past rollover. On a covered instrument with swap-free status, the swap should be 0.00.
4. Check after a Wednesday. The triple swap makes any mistake more visible, so it is a good day to confirm.
5. Open the instrument's specification. Right-click the symbol in Market Watch and choose Specification to see the long and short swap values that would apply without swap-free status.

If you see a non-zero swap on an instrument you expected to be covered, stop opening new overnight positions on it and contact support with the ticket number before continuing.

Leverage Choices for Swap-Free Traders

Leverage is where risk and, for many Muslim traders, religious concern overlap. JustMarkets advertises maximum leverage of up to 1:3000 on forex, with lower limits on other instruments. You do not have to use it. Many traders who hold positions for days choose effective leverage far below the maximum, sizing positions so that the total exposure is only a small multiple of equity, or even fully funded.

The table is a hypothetical illustration of arithmetic, not a recommendation. The broker's maximum leverage sets how large your positions can be; your effective leverage, which you control, determines how much risk you actually take.

Cost Comparison: Swap-Free Versus Standard Swaps

Swap-free status removes swap charges on covered instruments, but spreads and, on Raw Spread, commissions still apply. The table below compares how costs look for different trading styles. Have a look at the JustMarkets account and market conditions on the official site to compare live spreads and swap markers for the instruments you plan to trade.

Hypothetical example: swing trade on gold

Hypothetical illustration with invented numbers. A trader holds 0.5 lots of XAUUSD for 7 nights. Suppose the swap for that direction is the equivalent of 20 USD per lot per night on a normal account. Seven nights including one Wednesday triple equals 9 swap charges, so 0.5 x 20 x 9 = 90 USD. With Extended swap-free status, which covers XAUUSD according to the help centre, the swap would be zero, leaving only the spread. If the same trader held silver, which is not in the Extended list, swaps would apply per the specification.

Screening Instruments for Islamic Principles

Swap-free status deals with the account. Many Muslim traders also screen the instruments themselves. The approach below reflects screening methods commonly used in Islamic finance; it is general information, and your scholar's guidance takes precedence.

Some traders choose to limit themselves to a short list of instruments they and their scholar are comfortable with, rather than trading everything that is technically swap-free.

Who Benefits Most From Swap-Free Status

Muslim swing and position traders

Traders who hold for days or weeks and want to avoid interest-like payments benefit most directly. On covered instruments, the entire swap line disappears from their costs.

Muslim day traders

If you close everything before rollover, you would rarely pay swaps anyway. Swap-free status is still a useful safeguard for the occasional trade that runs past 22:00 server time.

Non-Muslim traders holding covered instruments

JustMarkets' Extended level is available to non-Muslim clients too, according to its help centre, and covers a wide range of instruments. Traders who hold forex, indices, stocks, crypto or XAUUSD positions overnight may see a meaningful cost difference. Check which level you have; the Standard level offers no swap relief.

Traders who focus on oil or silver

These instruments are not on the Extended list, so the benefit is smaller unless support confirms different treatment for your account.

Questions to Ask JustMarkets Support

• Which of my trading accounts have swap-free status, and at which level?
• Does my status cover every instrument I plan to trade, including metals other than XAUUSD and energies?
• Is there any administration, holding or other fee that replaces swaps on my account?
• Is there a limit on how long I can hold a swap-free position?
• Under what circumstances could my swap-free status be reviewed or withdrawn?
• Will a new trading account I open later receive the same status automatically?

Ask these questions in writing through official chat or email and keep the replies. They are the most reliable record of the conditions that apply to you, since public pages can change.

Common Mistakes and Troubleshooting

Mistake 1: assuming every instrument is swap-free

The Extended level covers forex, crypto, indices, stocks and XAUUSD. Other metals and energies follow the contract specification. Always check before holding positions overnight.

Mistake 2: not checking a new trading account

Swap-free status applies per account. A second account opened months later may not automatically carry the same status. Check in the Personal Area and with support.

Mistake 3: treating swap-free as a strategy

Holding a losing position for weeks because "there is no swap" is still holding a losing position. Swap-free removes a cost; it does not change the market risk.

Mistake 4: using swap-free to exploit interest differentials

Brokers' swap-free terms generally prohibit using the status to gain from interest-rate differences, for example through offsetting positions at another broker. Such conduct can lead to swap-free status being withdrawn and adjustments being applied. Read JustMarkets' client agreement and terms for your entity.

Mistake 5: forgetting leverage risk

JustMarkets advertises maximum leverage of up to 1:3000 on forex. Swap-free status does nothing to reduce the risk of high leverage. A 40% margin call and 20% stop-out apply as on any account.

Troubleshooting: "I was charged a swap"

• Check whether the instrument is on the covered list; silver, gold crosses and energies are not on the Extended list.
• Check the account: the charge may be on a trading account that does not have swap-free status.
• Check your level in the Personal Area: a Standard swap-free level charges swaps on all instruments.
• Contact support with the ticket number and date of the charge and ask for an explanation in writing.

Troubleshooting: "Support asked for proof of religion"

JustMarkets' educational material mentions that evidence may be requested. Provide documents only through official support channels. If you are unsure whether a request is genuine, start a new chat from the official website and ask there.

A Weekly Routine for Swap-Free Swing Traders

A routine like this turns swap-free status from a passive feature into part of a disciplined process. It also makes it far more likely that you notice quickly if an account's status changes or an instrument's treatment is not what you expected.

Record-keeping tips

• Download monthly statements from the Personal Area and keep them in one folder.
• Note the support confirmation of your swap-free status alongside the statements.
• Track any instrument where swaps were charged, with dates and amounts, so you can review your instrument list.
• If your scholar advises purification of any income, keep a running calculation rather than trying to reconstruct it at year end.

Swap-Free Trading in Different Regions

Many JustMarkets clients who use swap-free accounts are in Muslim-majority countries, and each has its own regulatory position on offshore brokers. Before you open an account, read the local picture: our guides cover the UAE, Saudi Arabia, Indonesia, Egypt and Kuwait. JustMarkets also lists account currencies relevant to these regions, including AED, KWD and IDR, which can reduce conversion costs.

JustMarkets Swap-Free Compared With Common Industry Approaches

Swap-free accounts are offered by many brokers, but the details vary widely. Without naming other brokers, here are the approaches you will typically see, and where JustMarkets' published terms sit.

When comparing any two Islamic accounts, look beyond the label: check fees linked to holding time, time limits, instrument coverage and what happens if the status is withdrawn.

Frequently Asked Questions

Does JustMarkets have an Islamic account?

Yes. JustMarkets offers swap-free status, which it describes as its option for clients of the Islamic faith, on Standard Cent, Standard, Pro and Raw Spread accounts.

Is the JustMarkets Islamic account a separate account type?

No. Swap-free is a status applied to a regular trading account rather than a separate account type.

How do I activate a swap-free account at JustMarkets?

Check your swap-free level in the Personal Area. If you need to change it, contact JustMarkets support, which its account pages say can convert any of the four account types to swap-free.

Are Muslim clients swap-free automatically?

JustMarkets' help centre says swap-free accounts are offered to all Muslim clients by default. Confirm your status in the Personal Area.

What is the difference between Extended and Standard swap-free levels?

On the Extended level, no swaps are charged on forex majors, minors and exotics, crypto, indices, stocks and XAUUSD. On the Standard level, swaps are charged on all instruments according to contract specifications.

Does JustMarkets charge a fee instead of swaps?

We did not find a published administration or holding fee for swap-free status. Check the contract specifications and your client agreement.

Is there a limit on how long I can hold a swap-free position?

We did not find a published time limit on JustMarkets' public pages. Ask support to confirm for your entity.

Are oil and silver swap-free at JustMarkets?

They are not on the Extended level's covered list in the help centre, so swaps are charged according to the contract specification unless support confirms otherwise for your account.

Can I use expert advisors on a swap-free account?

JustMarkets says strategies such as scalping, hedging and news trading are allowed on its accounts. Check your client agreement for any swap-free-specific restrictions.

Is trading on a JustMarkets Islamic account halal?

That is a religious question on which scholars differ. Swap-free status removes swaps, but questions about leverage, uncertainty and speculation remain. Consult a qualified scholar.

Can I have both swap-free and normal accounts?

Swap-free status applies per trading account. Ask support how your accounts are set up, and check each one in the Personal Area.

Can swap-free status be removed?

Brokers generally reserve the right to review swap-free status if it is misused, for example to profit from interest differentials. Read JustMarkets' terms for your entity.

Is the JustMarkets swap-free status available on MT4 and MT5?

Yes. Swap-free is listed as available on all account types, and those accounts run on MT4 and MT5, as well as through the JustMarkets app.

Does swap-free status apply to crypto at weekends?

JustMarkets' crypto page marks its crypto CFDs as covered by the Extended swap-free level and says swaps are applied each day excluding the weekend. With swap-free status, covered crypto positions are not charged swaps.

Do swap-free accounts have wider spreads?

JustMarkets lists the same spreads from 0.3, 0.1 and 0 pips for Standard, Pro and Raw Spread respectively, with swap-free marked as available on each. Compare live spreads on a demo.

Glossary

• Swap: An overnight charge or credit for holding a leveraged position past rollover.
• Swap-free / Islamic account: A trading account on which swaps are not charged or credited on covered instruments.
• Extended swap-free level: JustMarkets' level under which forex, crypto, indices, stocks and XAUUSD are not charged swaps.
• Standard swap-free level: JustMarkets' level under which swaps are charged on all instruments per the contract specifications.
• Triple swap: The Wednesday swap that covers the weekend, charged at three times the daily rate.
• Riba: Interest, prohibited under Islamic law.
• Gharar: Excessive uncertainty in a contract.
• Maysir: Gambling or speculation, prohibited under Islamic law.
• Rollover: The daily point (22:00 server time at JustMarkets, per its market pages) when swaps are applied.

Conclusion: Is the JustMarkets Islamic Account Right for You?

The JustMarkets Islamic account is available as swap-free status on all four account types. According to the broker, Muslim clients receive it by default, other clients are assigned an Extended or Standard level, and the Extended level covers forex, crypto, indices, stocks and gold against the dollar, while other metals and energies follow the normal contract specification. We found no published administration fee or time limit, but you should confirm both for your entity.

Practically, check your level in the Personal Area, get written confirmation from support, and test with a small position across rollover. Religiously, recognise that removing swaps answers only part of the question, and take guidance from a scholar you trust. Financially, remember that swap-free does not reduce market or leverage risk.

🔥 Your next move: start your JustMarkets swap-free setup and confirm your level in the Personal Area, then test a small covered position across rollover before trading in size.

📌 Important: CFD Risk Warning and Disclosure

CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly because of leverage. Many retail traders lose money when trading CFDs. You should consider whether you understand how CFDs, margin and leverage work and whether you can afford to take the high risk of losing your money. Hypothetical examples in this article are illustrations only and are not a forecast or a reliable indicator of future results.

Disclaimer: this article is general information and education only. It is not financial, investment, tax, legal or religious advice, and it is not a recommendation to open an account with any broker or to trade any instrument. Broker conditions, products, promotions and regulations change; always confirm the current position on the broker's official website, in your own client agreement and with the relevant regulator, and seek independent professional advice where appropriate.

🔗 Affiliate notice: we may earn a referral commission when readers open accounts via links here; your costs stay the same.