Quick summary: Exness offers genuine swap-free Islamic accounts on all five account types (Standard Cent, Standard, Pro, Raw Spread, Zero). No overnight swaps on any instrument including XAUUSD gold. No administration fees to replace swaps. Auto-assigned for traders from Muslim-majority countries. Traders elsewhere can request manually.
What is Exness Islamic Account?
No Overnight Swaps. No Replacement Fees.
Exness Islamic (swap-free) accounts eliminate overnight interest (swap/rollover) charges on all positions held overnight — the primary riba concern for Muslim traders. Unlike some brokers that replace swap charges with flat weekly "administration fees," Exness states it does not charge replacement fees on Islamic accounts.
How Exness Islamic Accounts Work
In standard forex trading, when a position is held past the daily close (typically 23:59 server time), a swap (interest payment or receipt) is applied based on the interest rate differential between the two currencies. For Muslim traders, this constitutes riba (interest/usury), which is prohibited in Islamic finance.
On Exness Islamic accounts:
- No swap charges are applied to any overnight position on any instrument
- This applies to forex pairs, XAUUSD gold, silver, indices, commodities, and cryptocurrency CFDs
- No administration or service fees are charged as replacements for the waived swaps
- All other trading conditions remain identical to the equivalent non-Islamic account
Which Exness Accounts Have Islamic Status?
How to Get an Islamic Account on Exness
Method 1: Auto-Assignment (Muslim-majority countries)
Traders registering from Muslim-majority countries including Malaysia, Indonesia, Saudi Arabia, UAE, Qatar, Kuwait, Bahrain, Oman, Egypt, Jordan, Pakistan, Bangladesh, Turkey, Algeria, Morocco, and others typically receive Islamic swap-free status automatically at registration. You don't need to do anything — the account is created with swap-free status from the start.
Method 2: Manual Request (Other countries)
If you registered from a non-Muslim-majority country and need Islamic account status, you can request it through your Exness Personal Area:
- Log in to your Exness Personal Area (my.exness.com)
- Navigate to your trading account settings
- Look for "Swap-Free" or "Islamic Account" option
- Submit the request — Exness will review and may require documentation
Exness reserves the right to decline Islamic account requests from traders in non-Muslim-majority countries or those with account histories inconsistent with the intended use of swap-free accounts. The decision is at Exness's discretion.
Exness Islamic Account vs Standard Account
| Feature | Standard Account | Islamic Account |
|---|---|---|
| Overnight swap charges | Yes (positive or negative) | ❌ None |
| Administration fee replacement | N/A | ❌ None (per Exness policy) |
| Spread | Same as account type | Same as account type |
| Commission | Same as account type | Same as account type |
| Available instruments | All | All |
| Leverage | Up to 1:Unlimited | Up to 1:Unlimited |
| Minimum deposit | Per account type | Per account type |
| Gold (XAUUSD) trading | Swap applies overnight | ✅ No swap |
Open Your Exness Islamic Account
Free registration · Swap-free on all account types · No admin fees
Open Islamic Account — Free →No registration fee · Demo account available immediately
FAQ — Exness Islamic Account
Yes. Exness offers swap-free Islamic accounts on all five account types: Standard Cent, Standard, Pro, Raw Spread, and Zero. No overnight swap charges on any instrument. No replacement administration fees.
For traders from Muslim-majority countries (Malaysia, Indonesia, Saudi Arabia, UAE, Egypt, Pakistan, etc.), Islamic status is typically auto-assigned at registration. Traders elsewhere can request swap-free status manually through Personal Area settings after account opening.
No. Exness states it does not charge administration or service fees as replacements for waived swaps on Islamic accounts. This is a key differentiator — some other brokers charge weekly flat fees in place of swaps. Always verify current Exness terms in your Personal Area as policies may change.
Yes. Exness Islamic accounts eliminate swap charges on XAUUSD gold positions held overnight — one of the most important features for Muslim gold traders. All trading conditions for XAUUSD remain otherwise identical to non-Islamic accounts.
Exness Islamic accounts eliminate swap (riba) on overnight positions — the primary technical concern. Whether forex trading itself is halal or haram involves broader Islamic scholarly opinion. We recommend consulting a qualified Islamic finance scholar for guidance specific to your situation.