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TMGM
Swap Free Account
TMGM offers Islamic Accounts (Swap-Free Accounts) for clients who cannot earn or pay interest due to religious practices. These accounts are available with Edge and Classic account types on the MetaTrader 4 and MetaTrader 5 platforms, ensuring compliance with Sharia principles.
We are committed to providing traders with best-in-class tools, state-of-the-art trading infrastructure, and a seamless trading experience tailored to your needs.
Why Choose TMGM Islamic Account?
Trade
Over 100
Instruments
Spreads
as Low as
0.0 Pips
No Swap or
Interest
Adjustments
Lightning-Fast
Execution
MetaTrader
4 & 5
Overnight Financing Charges
TMGM's Swap-Free Accounts allow traders to operate without paying or receiving interest or swap charges on overnight positions, ensuring compliance with Sharia principles. While major and minor FX pairs are fee-free, a small financing fee applies to certain instruments: $10 USD per lot for Oil, $100 for Exotic FX in TRY, and $20 for other Exotic FX pairs. Non-USD accounts will have fees converted using the prevailing USD exchange rate.
These accounts are available for Edge and Classic holders and can be accessed via MetaTrader 4 and 5. TMGM supports Swap-Free Accounts in the following countries: Azerbaijan, Bangladesh, Bahrain, Burkina Faso, Brunei, Algeria, Egypt, Guinea, Indonesia, Jordan, Kyrgyzstan, Kuwait, Morocco, Mauritania, Maldives, Malaysia, Niger, Oman, Pakistan, Palestinian Territory, Qatar, Sierra Leone, Chad, Tajikistan, Turkmenistan, Tunisia, Turkey, Uzbekistan, and Kosovo.
Note: Before applying, ensure you understand and agree to the account's terms and conditions. For more details and the full terms, click here.
Symbol
Description
Financing Charges
XBRUSD
Brent Oil Rolling Futures (Spot)
$10.00
XTIUSD
WTI Crude Rolling Futures (Spot)
$10.00
XNGUSD
Natural Gas vs US Dollar
$10.00
SGDJPY
Singapore Dollar vs Japanese Yen
$20.00
AUDSGD
Australian Dollar vs Singapore Dollar
$20.00
EURSGD
Euro vs Singapore Dollar
$20.00
GBPSGD
Great Britain Pound vs Singapore Dollar
$20.00
USDCNH
US Dollar vs Chinese Offshore Renminbi
$20.00
AUDCNH
Australian Dollar vs Chinese Offshore Renminbi
$20.00
EURCNH
Euro vs Chinese Offshore Renminbi
$20.00
USDCZK
US Dollar vs Czech Koruna
$20.00
EURCZK
Euro vs Czech Koruna
$20.00
EURHKD
Euro vs Hong Kong Dollar
$20.00
USDHKD
US Dollar vs Hong Kong Dollar
$20.00
USDMXN
US Dollar vs Mexican Peso
$20.00
EURNOK
Euro vs Norway Krone
$20.00
GBPNOK
Great Britain Pound vs Norway Krone
$20.00
USDNOK
US Dollar vs Norway Krone
$20.00
USDRUB
US Dollar vs Russian Ruble
$20.00
NOKSEK
Norway Krone vs Swedish Krona
$20.00
USDSEK
US Dollar vs Swedish Krona
$20.00
EURSEK
Euro vs Swedish Krona
$20.00
GBPSEK
Great Britain Pound vs Swedish Krona
$20.00
NZDSEK
New Zealand Dollar vs Swedish Krona
$20.00
USDZAR
US Dollar vs South Africa Rand
$20.00
AUDZAR
Australian Dollar vs South Africa Rand
$20.00
CHFZAR
Swiss Franc vs South Africa Rand
$20.00
EURTRY
Euro vs Turkish Lira
$100.00
USDTRY
US Dollar vs Turkish Lira
$100.00
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The information provided on this website is of a general nature only and does not constitute personal financial advice. Before acting on any information on this website, you should consider the suitability of the information in relation to your objectives, financial situation and needs. Investing in CFDs and FX Margin Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You do not own, or have, any interest in the underlying asset. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. It is important that you read and consider the disclosure document before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use would be contrary to local laws and regulations. The Products and Services offered on this website are not intended for residents of the United States.
TMGM is authorized and regulated in various jurisdictions.
Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
Email: support@tmgm.com.au
Trademax Global Limited, trading as TMGM, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.
Email: support@tmgm.com
Trademax Global Markets (KE) Pty Ltd, trading as TMGM, is authorised and regulated by Capital Markets Authority (CMA) with the licence no. 219 and is registered at Chiromo Road, Building: L.R. No. 209/6921, ICEA Lion Centre, Westlands District, Nairobi, Kenya.
Email: support@tmgm.com
Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorized and regulated by the Financial Services Commission, Mauritius (FSC) with license no. GB22201012, and registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.
Email: support@tmgm.com
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