With Trendo, there are no restrictions—traders may open multiple Islamic accounts.
Trendo applies no extra charges to these accounts, and the trading conditions are exactly the same as for other accounts.
In this account, trades on Gold and major currency pairs are entirely halal and swap-free, with zero overnight interest.
Trendo’s Islamic accounts are ECN-type and offer the lowest spreads and commissions.
Traders can convert their existing account to an Islamic Account effortlessly through Trendo support.
Switching to an Islamic Account does not affect trading conditions such as leverage, spread, minimum deposit, or available trading tools.
No. The swap is removed only for Gold (GOLD) and major currency pairs. Overnight interest still applies to other symbols.
No. Switching to an Islamic account involves no extra fees or spread markup, and trading conditions are the same as other ECN accounts.
No. At Trendo, only real accounts can be converted to Islamic accounts and demo accounts are not eligible.
The commission is 3 USD per lot, per side of the trade.
The maximum leverage is 1:2000.