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Islamic Accounts

Engage in halal trading with the industry's best Islamic accounts

Discover swap-free Islamic accounts tailored for Muslim traders. Trade your favourite instruments on MetaTrader 4, MetaTrader 5, or OctaTrader, Octa’s own halal trading platform—without any interest charges or hidden fees and with the same tight spreads as always.

Why is trading halal with Austin Pips?

Muslim traders usually require special trading conditions to align their experience with the religious demands of Islam. In response to these demands, we have designed our trading platform to be halal by adhering to the three key principles of Sharia-compliant trading: no riba, no maysir, and no gharar.

No riba (interest)

All our accounts are swap-free, so you do not pay or receive any interest. Moreover, you do not pay any fees or commissions, only actual market-driven spreads starting from 0.6 pips.

No maysir (gambling)

We do not offer any games of chance: you always trade on real markets with actual prices. With some effort, you can learn to better predict their behaviour and build your skills for better financial outcomes. On our part, we offer a free educational database to help you grow.

No gharar (excessive risk)

While trading is inherently risky, we help you avoid excessive risk. To protect you from market volatility, we offer negative balance protection so you won't be able to get into debt. Moreover, we allow you to set any leverage rate from 1:1000 to 1:1 to control your risk exposure.

Islamic Trading Account Types

Micro Account

$100
  • Base Currency Options: USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, SGD, ZAR
  • Contract Size : 1 Lot = 1,000
  • Leverage : Up to 400:1**
  • Spread on all majors : As Low as 1 Pip
  • Negative balance protection
  • Maximum open/pending orders per client : 300 Positions
  • Minimum trade volume : upto 0.05
  • Lot restriction per ticket : 100 Lots
  • Hedging allowed : Yes
  • Swap* : Yes
  • Islamic Account : Optional
Open Account

Standard Account

$1000
  • Base Currency Options: USD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, SGD, ZAR
  • Contract Size : 1 Lot = 100,000
  • Leverage : Up to 600:1**
  • Spread on all majors : As Low as 1 Pip
  • Swap-free, Shariah-compliant
  • Negative balance protection
  • Maximum open/pending orders per client : 300 Positions
  • Minimum trade volume : upto 0.10
  • Lot restriction per ticket : 50 Lots
  • Hedging allowed : Yes
  • Swap* : Yes
  • Islamic Account : Optional
Open Account

Ultra Low Account

$5000
  • Base Currency Options: EUR, USD, GBP, AUD, ZAR, SGD
  • Contract Size : Standard Ultra: 1Lot=100,000 Micro Ultra: 1 Lot =1,000
  • Leverage : Up to 800:1**
  • Spread on all majors : As Low as 0.6 Pips
  • Negative balance protection
  • Maximum open/pending orders per client : 300 Positions
  • Minimum trade volume : Standard Ultra: 0.01 Lots Micro Ultra: 0.1 Lots
  • Lot restriction per ticket : Standard Ultra: 50 Lots Micro Ultra: 100 Lots
  • Hedging allowed : Yes
  • Islamic Account : Optional
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Join an Awards Winning Broker

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Awarded by Global Forex
Awards 2022 – Retail

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Awarded the Best FX Broker, Middle East award by World Finance Forex Awards 2023

Best FX Broker, Australasia

Awarded the Best FX Broker, Australasia award by World Finance Forex Awards 2023

Best FX Educational Broker in the MENA region

Awarded by Dubai Expo Awards 2021

Best FX Broker, Latin America

Awarded the Best FX Broker, Latin America award by World Finance Forex Awards 2023

Best Customer Service Global 2019

Awarded by Capital Finance International Magazine (CFI.co)

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14 years

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100+

awards and counting

42 mln

trading accounts opened

180+

countries across the world

$33+ mln

bonus funds paid out

200+

team worldwide

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We pioneered the strict no requotes, no rejections policy that established our reputation. To prevent slippage and keep your strategy aligned with real-time market prices, 99% of all trades are executed in less than one second.

 
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