Islamic forex trading accounts permit clients of Islamic religion to trade on Swap free accounts (Roll Over fee) with no extra charge or fee*.
Clients of Islamic religion can open and close positions at any time within the Sunbird Standard Metatrader 4.0 system without being constrained to holding them for a defined period.
Clients benefiting from the Sunbird Standard Metatrader 4.0 system No Riba policy may hold positions for an undetermined time at the original opening price until they are closed and no charges will occur.
Sunbird offer clients the possibility to trade with Islamic Forex Trading conditions only for Sunbird Standard Metatrader 4.0 system, regardless of base currency or leverage offered. The only determining factor is the religion of the client that the trading account belongs to. Sunbird enables its clients to trade with no swap charges and with no other additional charges, spread or hidden fees.
* Sunbird may revoke the ‘No Riba’ policy in case of abuse with a 48 hour notice by email.