The Islamic Account accommodates the experienced retail traders. A key feature is the flexibility in position sizing. The limit for a single trade size is 60 lots. There is a minimum trade size of 0.01 lot and the trade size increment remains flexible at 0.01. The Islamic Account uses the MetaTrader 4 platform as well as the Webtrader and any of the available mobile trading platforms.
Open a Islamic AccountTrading Platform: | MetaTrader 4, Webtrader and Mobile Trading |
Spreads: | From 1 pip |
Trading Instruments | All Available (Click here to view full list) |
Fifth Decimal: | |
Max leverage: | 1:400* |
Execution: | Market Execution |
Minimum opening deposit: | $500 |
Minimum trade size: | 0.01 lot |
Trade size increment: | 0.01 |
Maximum Total Trade Size: | 60 Standard lots per position |
Maximum Simultaneous Open Orders: | 300 |
Margin Call / Stop out level: | 50% / 20% |
Telephone Trading: | |
Account Currency: | USD, EUR |
Commission: | No |
Raw bonus: | Flexible Bonus Offerings |
*Leverage may be adjusted in case the equity in the account is over $400,000.