Islamic Account Policy

In order to thank our clients for their support and trust, MHMarkets has launched the Islamic Account (Free Swap) Policy. The details are as follows:

Duration: January 15, 2024 to March 31, 2024 (Trading Server Time)

Free Swap Standard

  • • Qualified trading accounts Swap Free ONLY 5 Days;
  • • Maximum open position 5 LOTS per trading account;

Rules Description:

  • 1.The Islamic Account (Free Swap) is ONLY eligible for Muslim residents and ONLY supports MT5 accounts. New trading accounts must provide religious proof.
  • 2.Each Muslim residents can create a maximum of three Islamic Accounts.
  • 3.This Islamic Account (Free Swap) Policy is only applicable to P0/P5/P10 account types and does not apply to crude oil, indices, stocks, cryptocurrencies, and natural gas products (see “Overnight Interest Table” for specific applicable products ). It is not allowed to overlay with other activities (unless otherwise noted). It cannot be superimposed with other activities (unless otherwise specified), and is not shared with PAMM service, but can be applied to COPYTRADE service.
  • 4.After the performance audit of the monthly single transaction account reaches the standard, clients can enjoy the Islamic Account (Free Swap) qualification, and the interest fee deducted in the current month will not be refunded.
  • 5.Trading accounts that have obtained the Islamic Account (Free Swap) qualification are not allowed to engage in unconventional trading (including but not limited to second orders, hedging, delayed arbitrage, manipulating quotation, etc). Once discovered, the Islamic Account (Free Swap) qualification of all trading accounts under the client's name will be directly canceled.
  • 6.MHMarkets reserves the right to amend, suspend and terminate this policy and related terms and conditions, and has the final right of interpretation of this policy.
  • 7.This Islamic Account (Free Swap) Policy is applicable to the global market (unless otherwise specified).