Guide — May 2026
JustMarkets Islamic Swap-Free Account — All 4 Account Types, No Admin Fee on Gold 2026
JustMarkets offers Islamic (swap-free) trading across all four account types — Standard Cent, Standard, Pro, and Raw Spread. No admin fees on XAU/USD gold positions under any account type. No proof of religion required to activate. This guide covers how to enable swap-free trading, which instruments are covered, the gold advantage in detail, and how JustMarkets compares to other brokers on Islamic account terms.
What Is Islamic Swap-Free Trading — and Why It Matters
In standard forex and CFD trading, positions held overnight past the daily market close incur a swap charge — also called a rollover rate or overnight interest. This charge or credit represents the interest rate differential between the two currencies in a forex pair (or the financing cost of holding a CFD position). Under Islamic finance principles (Shariah law), earning or paying interest (riba) is prohibited.
Islamic or swap-free accounts eliminate the overnight swap charge entirely. When you hold a position past the daily close on a swap-free account, no interest is charged or credited. This allows Muslim traders to hold positions for any duration — from intraday to weeks or months — without incurring interest charges that would conflict with Shariah principles.
How brokers typically handle Islamic accounts
Most brokers offer swap-free accounts only on standard lot accounts, exclude exotic instruments, or charge a daily admin fee to replace the swap. Admin fees typically range from $0.50 to $3.00 per lot per day, which over a week of holding a gold position adds up significantly. JustMarkets has taken a different approach.
JustMarkets Gold Swap-Free — The Key Advantage for Gold Traders
Gold (XAU/USD) is the most popular instrument for Muslim traders in Southeast Asia, the Middle East, and Africa. This is due to gold's historical role as a store of value in Islamic culture and its appeal as an inflation hedge. The swap-free gold treatment at JustMarkets is significantly more generous than most competitors.
| Broker | Gold swap-free | Daily admin fee on gold | Max leverage on gold |
|---|---|---|---|
| JustMarkets | Yes — all 4 accounts | None | 1:3,000 |
| XM Global | Yes — swap-free account | ~$1.5–$2/lot/day | 1:1,000 |
| Exness | Yes — Islamic account | Admin fee applies | 1:2,000 |
| FBS | Yes — Islamic account | Admin fee applies | 1:1,000 |
| IC Markets | Yes — on request | Admin fee applies | 1:500 |
Cost comparison: holding 1 lot XAU/USD for 7 days
| Broker | 7-day holding cost (1 lot) | Annual equivalent (52 weeks) |
|---|---|---|
| JustMarkets | $0.00 | $0.00 |
| XM (admin fee $1.50/day) | $10.50 | $546 |
| Broker with $2/day admin | $14.00 | $728 |
Swap-Free Available on All 4 JustMarkets Account Types
| Account | Swap-free available | Admin fee on XAU/USD | Min. deposit | Bonus eligible |
|---|---|---|---|---|
| Standard Cent | Yes | None | $10 | Yes — 120% |
| Standard | Yes | None | $10 | Yes — 120% |
| Pro | Yes | None | $200 | Yes — 120% |
| Raw Spread | Yes | None | $200 | No — excluded |
The combination of swap-free availability across all account types means Muslim traders are not forced to compromise on trading conditions to comply with Shariah principles. A trader wanting the tightest spreads (Pro or Raw Spread) can access those conditions while remaining fully swap-free.
How to Activate Swap-Free on Your JustMarkets Account
JustMarkets does not require proof of religion, documentation, or a special application to activate swap-free trading. Any trader — regardless of faith — can activate the Islamic account option.
Go to justmarkets.com and log in.
Find the Accounts section in the left menu or dashboard.
If you have multiple accounts, choose the specific trading account you want to convert.
Look for settings options next to the account.
Toggle the Swap-Free switch to On. Activation is immediate — no waiting period.
Open MT4 or MT5. Right-click any instrument and check Symbol Properties — Swap Long and Swap Short should show as 0.00 or N/A for your account.
Which Instruments Are Swap-Free on JustMarkets Islamic Accounts?
JustMarkets applies swap-free status across all instruments on Islamic accounts — not limited to a subset of instruments. This includes:
- ✓Forex: all major, minor, and exotic currency pairs
- ✓Gold (XAU/USD): full swap-free, no admin fees
- ✓Silver (XAG/USD): swap-free
- ✓Indices: US500, GER40, UK100, JP225, and others
- ✓Crypto CFDs: BTC/USD, ETH/USD, and others
- ✓Energy CFDs: WTI Crude, Brent Crude
- ✓Stock CFDs: Apple, Amazon, Tesla, and others
JustMarkets Islamic Account vs Other Brokers — Honest Comparison
When choosing an Islamic trading account, the key factors are: (1) whether admin fees replace swaps, (2) which account types are eligible, and (3) what instruments are covered. Here is where JustMarkets stands:
- ✓No admin fees on gold — most brokers charge $1–$3/lot/day on gold swap-free positions. JustMarkets charges nothing.
- ✓All 4 account types eligible — many brokers only offer Islamic swap-free on standard accounts, excluding their professional or ECN account types.
- ✓No documentation required — many brokers require proof of religion or a special application. JustMarkets requires neither.
- ✓High leverage maintained — swap-free activation does not reduce leverage. 1:3,000 on gold remains available on Islamic accounts.
- ✗FSA Seychelles is an offshore entity — lighter regulatory oversight than FCA or ASIC regulated Islamic accounts
- ✗Individual Shariah compliance verification is the trader's responsibility — JustMarkets provides the mechanism, not the certification
Frequently Asked Questions — JustMarkets Islamic Account
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